Anthony R. O’Donnell // June 3, 2022
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In 2019, MS&AD Ventures (Menlo Park, Calif.), the investment arm of MS&AD (Tokio) invested in Geosite, a Palo Alto, Calif.-based provider of business intelligence solutions using spatial data, in 2019, as part of the insurer’s broader strategy of integrating innovative technologies to digitally transform insurance practices. The Tokio-based global insurer then worked with the startup to create a single platform for geospatial claims. Having created a platform with Geosite, MS&AD went on to create property attributes algorithms and a claims application that lets adjusters upload data to a