Case Study: Mutual Insurance Company achieves accurate property-risk verification and new business wins with Athenium Analytics' IRIS

IRIS Use AI Imagery Analysis to Verify Property Risk

Mutual Insurance Company, a 160-year-old carrier serving home and business owners through independent agents, was struggling with unreliable, outdated satellite imagery from free search engines that left underwriters "flying blind" — in one instance tarp-covered roofs almost cost them a business opportunity. Seeking a P&C-focused solution, they turned to Athenium Analytics and its IRIS AI imagery analytics product to get trustworthy roof-condition and risk-feature data.

Athenium Analytics implemented IRIS to deliver high-resolution, up-to-date aerial imagery, automated computer-vision risk tagging, and change notifications, replacing the carrier’s previous tool. As a result, underwriters could confidently write or decline business with accurate pricing; IRIS revealed that hail damage had already led to roof replacements, enabling the carrier to close $8,500 in premiums across 6–7 locations, win new business, and increase agent and underwriting confidence.