Underwriting based on infrequent / poor risk inspections

Underwriting often rests on a single, infrequent inspection (or none at all), missing ongoing risk changes between binding and renewal.

Analysis:

Continuous risk monitoring using IoT, satellite imagery, and third-party data streams could replace point-in-time inspections with dynamic risk profiles. This fundamentally changes underwriting from periodic to continuous. Companies like Cape Analytics (aerial imagery) and Betterview are early leaders. The shift from inspection-based to monitoring-based underwriting is a platform opportunity.