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ICEYE vs Nearmap — Risk imagery for US insurance, 2026.

ICEYE (7 named carriers) and Nearmap (9 named carriers) both sit at the risk imagery layer. Zero customer overlap in the public roster — they are addressing different segments of the same stack layer.

Last verified 2026-04-22 · methodology

TL;DR

  • ICEYE has 7 publicly-named carrier deployments; Nearmap has 9. Both at the risk imagery layer.
  • Zero customer overlap in the public roster. ICEYE and Nearmap are addressing different carriers within the same stack layer.
  • Generation contrast: ICEYE is ai-native; Nearmap is modern.
  • Ownership contrast: ICEYE is independently held; Nearmap is PE-owned (Thoma Bravo).
  • Analyst coverage: 0 firms cover both, 3 only ICEYE, 2 only Nearmap.

Customer overlap

BucketCount
Named on ICEYE only7
Named on Nearmap only9
Named on both0
of which US-named on at least one side0

Only on ICEYE

  • Swiss Re (global)
  • Aon (global)
  • Guy Carpenter (US)
  • Tokio Marine Holdings (JP)
  • Descartes Underwriting (FR)
  • Global Parametrics (UK)
  • Insurity (P&C carriers via partnership) (US)

Only on Nearmap

  • Kin Insurance (US)
  • Arch Insurance (US)
  • Ohio Mutual Insurance Group (US)
  • Allied Trust Insurance Company (US)
  • Frederick Mutual Insurance Company (US)
  • Germania Insurance (US)
  • Stillwater Insurance Group (US)
  • Zurich North America (US)
  • Travelers (US)

Counts derived from 17sourced carrier-deployment entries across both vendor cards. Aggregate-only statements (e.g. “16 of the top 20”) excluded.

Stack position

ICEYE
Generation
ai-native
Stack layer
Risk imagery
Founded
2014
Lines
home, commercial, specialty, reinsurance
Replaces
optical satellite post event imagery, manual catastrophe field adjusting
Nearmap
Generation
modern
Stack layer
Risk imagery
Founded
2007
Lines
home, commercial
Replaces
physical pre bind inspection

Ownership and corporate context

ICEYE
Type
independent

Source: Via Satellite

Nearmap
Type
private-equity
Parent
Thoma Bravo
Acquired
2022
Deal value
$729M

Source: PR Newswire

Carrier-segment specialization

ICEYE — geographic split

  • global
    2
  • US
    2
  • JP
    1
  • FR
    1
  • UK
    1

Nearmap — geographic split

  • US
    9

Analyst coverage differential

Only ICEYE cited by
  • Artemis (2024: ICEYE launches hurricane solution that shows parametric potential)
  • Reinsurance News (2024: ICEYE and Aon expand flood and wildfire data partnership to enhance event response)
  • TechCrunch (2020: Satellite radar startup ICEYE raises $87 million to continue to grow its operational constellation)
Only Nearmap cited by
  • Thoma Bravo (2022: Thoma Bravo Completes Acquisition of Nearmap Ltd)
  • Carrier Management (2023: Nearmap Announces Agreement to Acquire Betterview — property-intelligence consolidation)

Recent news (last 12 months)

No news items in the last 12 months for either tool.

Sourced limitations

ICEYE
  • ICEYE is a data provider, not a rating engine, policy-admin core, or claims workstation. Carriers buy Flood, Wildfire, or Hurricane Insights as a feed and plug the output into their own pricing, reserving, or FNOL tooling. Realising value requires parallel investment in the systems that consume the feed.
    Source: ICEYE
  • SAR data is physically constrained by revisit cadence and image-processing time: ICEYE's publicly stated service windows deliver initial hazard and damage data within 24 hours of a flood or hurricane event, with a 5-day window for final NYC pilot trigger analysis. For rapidly evolving events (flash floods, fast-moving wildfire fronts) the first-pass footprint may under-report peak extent and require overlays with on-the-ground sensors, as used in the NYC pilot.
    Source: Artemis
  • No Gartner, Celent, Forrester, or Novarica leader-quadrant placement surfaces in public indexing for 2023-2025. Coverage is concentrated in reinsurance and insurtech trade press (Artemis, Reinsurance News, Insurance Business America) and general tech press (TechCrunch, Via Satellite, SpaceNews), plus ICEYE's own carrier press releases.
    Source: Artemis
Nearmap
  • Individual carrier case studies at the product level are sparse relative to the size of Nearmap's insurance footprint. The platform's reach is real but carrier deployments are described in aggregate ranges rather than by name.
    Source: Nearmap

Limitations published on Phidea are sourced to the underlying citation and reflect what is publicly named — not an exhaustive list. Consult the vendor card for the full record.

Frequently asked

Do any carriers run both ICEYE and Nearmap?
Not in Phidea's public roster. Across 16 sourced carrier-deployment entries on both vendor cards, zero carriers appear on both. The two tools are addressing different carriers within the same stack layer.
Who owns ICEYE and Nearmap?
ICEYE is independently held. Nearmap is PE-owned (Thoma Bravo).
Are ICEYE and Nearmap the same generation of tool?
No. Phidea classifies ICEYE as ai-native and Nearmap as modern. Generation reflects the underlying technology era — legacy is pre-cloud, modern is cloud SaaS with classical ML, AI-native is built around deep learning or LLMs from day one. For carriers picking between them, the generation gap usually matters more than feature comparison.
Which has more named US carriers?
Nearmap has the larger publicly-named US roster: ICEYE 2, Nearmap 9. Public-roster size is a coverage signal, not a quality signal — vendors with stronger NDAs may have larger actual US footprints than the public count shows.
Where are these tools positioned in the insurance stack?
Both sit at the risk imagery layer. ICEYE replaces optical satellite post event imagery, manual catastrophe field adjusting; Nearmap replaces physical pre bind inspection.

Adjacent reading