The scope for AI-augmented interpretation of building blueprints in commercial and industrial property insurance

04/29/2022

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by   Long Chen, et al.

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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.