Satellite-based risk assessments for infrastructure and real-estate that improve the combined operating ratio through lowering losses and expenses.
Meet the Company
Value.Space delivers satellite-based risk assessments, it has opened-up a new and proven capability that provides a x10 faster and up to x25 more cost-efficient way to assess risks of assets such as dams, mines, tailings storage facilities and real-estate. Value.Space has risk profiled over $25bn in asset value, with over 3,500 assessments across 70+ countries, that has resulted in $19m in costs saved for clients.
With the collision of climate change and aging infrastructure, asset risk levels are on the increase. This not only poses a risk to large assets but also to whole property portfolios e.g. towns and cities downstream from dams. Value.Space helps insurers identify and de-risk the effects of two global problems at once, whilst also contributing to ESG and SDG requirements.
Objective for the InsurTech Corridor
Improve insurers’ Combined Operating Ratio by reducing expenses and losses, whilst also connecting with people who want to make a difference.