Global risk mitigation analysis and prioritization services provider, Dynamic Infrastructure, has teamed up with Munich Re, provider of insurance and insurance-related risk solutions, to add a guarantee to its solution for clients. The coverage, a first for the industry, provides assurance that 99% of any critical faults will be detected and reported in time to prevent structural failure.

"With this third-party validation, civil managers and engineers can finally rely on fully-insured technology for confidence that no critical crack, spall, erosion or any other risk factor will catch them off guard," explained Dynamic Infrastructure's CEO Saar Dickman. "For proactive maintenance, damage assessment or preventive repair planning, managers know it's literally impossible to send inspectors to all locations around the clock, examining every inch of each structure for deterioration — especially when erosion is a gradual process. Munich Re conducted its due diligence on our solution's AI algorithm, and their backing is a game-changer to increase certainty for our customers — a unique offering in our sector."

Technology that creates damage data reports in weeks, not years

Data Infrastructure’s technology analyzes current and historical image and data reports, sorts them, evaluates the impact of the data points, and creates a “damage timeline” for each asset. The cloud platform uses AI and domain-specific knowledge to digitize and analyze hundreds of civil infrastructure asset inventories. The system considers the localization of regulatory guidelines. The process, which would take years of manual human labor, takes only weeks.

"Based on our thorough evaluation, we are fully confident in the performance of Dynamic Infrastructure's AI," explained Roman Beilhack, head of new and green technologies at Munich Re. By backing the performance of Dynamic Infrastructure’s AI solution, Munich Re is helping to bridge the gap between insurance providers, global infrastructure maintenance, and cutting-edge technology, he added. In doing so, "Dynamic's clients will benefit from a clear signal of trust and credibility."