FLYREEL

AI-powered self-service property inspection platform for insurance underwriting and claims.

Underwriting & Risk Established Acquired

Overview

Flyreel is an AI-powered property inspection platform that enables self-service interior and exterior property surveys via smartphone, improving and automating insurance underwriting and claims processes. Founded in Denver, Colorado in 2013, Flyreel was acquired by LexisNexis Risk Solutions in May 2022 and now operates as part of the LexisNexis Risk Solutions insurance portfolio under the RELX corporate umbrella.

The platform uses computer vision and machine learning to analyze smartphone-captured images and video of property interiors and exteriors, automatically identifying and flagging over 200 property risk characteristics. The system guides policyholders and claims adjusters through guided mobile surveys, reducing inspection cycle times, improving loss ratios, and enhancing the user experience.

Flyreel has expanded its offerings from personal lines underwriting inspection to commercial property inspection (2024) and claims-side consumer-driven inspections (2025), demonstrating continued active product development within the LexisNexis Risk Solutions portfolio.

Products & Services

Flyreel (Personal Lines)

AI-enabled self-service property inspection solution that guides policyholders through smartphone-based property surveys for personal lines underwriting.

Key Features

Interior, exterior, and aerial property detection via native mobile app (iOS/Android)
AI-assisted risk attribute identification for 200+ property risk characteristics
Geotag verification ensuring photos are taken at the correct property location
Customizable inspection templates configured for specific carrier underwriting requirements
High completion rates (75%+ with best practices) and 3x faster than alternative methods
No file uploads required -- native app ensures photo authenticity

Target Users: Personal lines carriers, MGAs

Flyreel for Commercial

Expanded commercial property inspection offering launched January 2024, enabling commercial property insurers to reduce inspection costs and improve risk selection.

Key Features

Commercial property risk assessment at new business and renewal stages
AI-driven analysis of commercial property risk attributes
Reduces inspection costs while improving underwriting profitability
Mobile-based guided surveys for commercial properties

Target Users: Commercial property insurers, MGAs, program carriers

Flyreel for Claims

Consumer-driven claims inspection tool launched February 2025, enabling homeowners to initiate property claims inspection processes via mobile device.

Key Features

360-degree virtual inspections at First Notice of Loss (FNOL)
3D model creation for comprehensive property documentation
Accelerated claim processing and improved accuracy
Addresses industry challenges including workforce shortages and rising loss costs

Target Users: Home insurance carriers, claims departments

At a Glance

Founded: 2013
Headquarters: Denver, Colorado, USA
Employees: 11-50
Funding: Acquired

Category & Focus

Category: Underwriting & Risk
Subcategories: Property Inspection Technology AI/Computer Vision Risk Assessment
Insurance Verticals: P&C Personal P&C Commercial
Target Customers: Carriers, MGAs/MGUs

Customers

Rockford Mutual Insurance (featured case study -- 48-hour implementation with critical risk detection improvements for exterior slip-and-fall hazards)