The scope for AI-augmented interpretation of building blueprints in commercial and industrial property insurance
This addresses property risk assessment for commercial and industrial insurance, but is incremental as it reviews existing work and presents only a proof-of-concept.
This report investigates using AI for automated information extraction from building blueprints to support insurance risk assessment, presenting a proof-of-concept solution to explore its feasibility.
This report, commissioned by the WTW research network, investigates the use of AI in property risk assessment. It (i) reviews existing work on risk assessment in commercial and industrial properties and automated information extraction from building blueprints; and (ii) presents an exploratory 'proof-of concept-solution' exploring the feasibility of using machine learning for the automated extraction of information from building blueprints to support insurance risk assessment.