Bees360 and Hosta a.i. Forge Partnership to Transform Property Insurance Claims

Bees360 and Hosta a.i. Forge Partnership to Transform Property Insurance Claims
Bees360, the top provider of drone-enabled property inspection services powered by artificial intelligence (AI), and Hosta AI, the most advanced provider of AI-enabled interior property inspections powered by more than a decade of MIT research, have partnered to transform the insurance claims process.

Both Bees360 and Hosta a.i. share a commitment to delivering innovative solutions that expedite the claims settlement process, enhance accuracy, reduce costs, and improve customer satisfaction.

Inconsistent data collection and varying methods of individual inspectors and adjusters with differing expertise complicate traditional processes in property and damage inspections. With more than six million home inspections conducted annually in the US alone, insurers need consistent, accurate, and transparent processes of effectively managing such risks.

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According to reports, Bees360 and Hosta a.i. plan to address this challenge by harnessing advanced technologies to improve the quality, efficiency, and accuracy of property inspections, to produce the most robust property dataset possible, and to enable superior claims service from the start. “This partnership with Hosta AI means we are collectively bringing operational efficiencies and advanced interior data analytics to the insurance industry,” said Andy Liu, CEO of Bees360.

He continued: “By combining the power of aerial and interior inspection and advanced data processing, we are revolutionising insurance claims processing and providing insurers with a competitive edge while delivering faster, more accurate results for policyholders.”

Property inspection solution will transform claims and adjustments

The combined AI capabilities of Bees360 and Hosta a.i. offer a complete solution for property inspections and claims adjustments. Bees360 leverages state-of-the-art drone inspection technology and Hosta AI delivers an AI-powered Assessment Platform to address the interior, resulting in streamlined and accelerated claims processing.

“Our partnership with Bees360 allows us to harness their extensive aerial inspection capabilities and combine them with our expertise in advanced interior data processing,” said Henriette Fleischmann, CEO of Hosta a.i. She added: “By unlocking the potential of AI and machine learning, we can provide insurance companies with unparalleled insights to enable superior service and highly accurate claim settlement.”

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