Company: GeoMate Inc.
Business Category: A technology provider of InsurTech tools to insurance practitioners
Maturity Status: Startup (less than 3 years since product went into production)
Product or Service: InsureMate: Pedestrian Collision Risk Assessment Platform
Area: Property & Casualty Insurance
GeoMate is a mapping service that uses AI to analyze near real-time accessibility and safety conditions of sidewalks. GeoMate provides safer local travel for everyone traveling by foot or wheelchair.
What makes us an InsurTech:
InsureMate determines the most appropriate pedestrian-vehicle collision risk premiums when offering pricing quotes, as well as high risk areas for insurance portfolios.
Major features & technology used:
InsureMate uses AI applied on multiple geospatial data sources to provide an automated and near real-time evaluation of vehicle–pedestrian collision risk.
See a demonstration of the GeoMate mapping platform at toronto.geomate.ca.
GeoMate is a software company, headquartered in Waterloo, Ontario. Two passionate co-founders who are expert in AI and Geomatics initially started the firm after holding over 30 years of experience managing and running GIS companies. GeoMate’s mission is using AI to make the world accessible and walkable for everyone. For more information, please visit geomate.ca.
→ back to the InsurTech Spotlight index