Name

Millennium Information Services, Inc.

Legal name

Millennium Information Services, Inc.

Website

https://millinfo.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Itasca

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Property Inspection Services: Fee-for-service inspection model providing physical property inspections for personal lines, commercial lines, and farmstead insurance. Inspections include documentation of data points, condition assessments, hazard identification, and comprehensive photo documentation.
2. Data Analytics and Scoring Services: Analytical services including PreInspectR optimization scoring and Property PredictR risk scoring, with ad hoc reporting capabilities. Scoring is offered as included service to exclusive inspection clients.
3. Telephone Survey Services: Phone-based information capture and verification services for personal and commercial lines carriers, including residential data verification, pre-inspection notifications, and post-inspection satisfaction surveys.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Millennium Information Services provides physical property inspection services and a proprietary data analytics platform (MAPS) for P&C insurance carriers across all 50 U.S. states. The offering combines residential, commercial, and farmstead field inspections with predictive risk scoring models (PreInspectR, Property PredictR), automated underwriting workflow tools (Stack Logic), a consumer self-inspection web app (Self InspectR), and phone survey services to support carrier underwriting decisions.

Product overview

Millennium Information Services offers a comprehensive property inspection and data analytics platform for P&C insurance carriers. The core offering centers on MAPS (Millennium Automated Property System), a workflow and data management platform, complemented by proprietary inspection optimization tools including PreInspectR (risk scoring model), Property PredictR (FICO-powered property risk scores), and Stack Logic (automated underwriting prioritization). The company also provides Self InspectR, a consumer-facing self-inspection web app that allows homeowners to submit photos via smartphone. Service offerings include Personal Lines, Commercial Lines, and Farmstead Lines property inspections across all 50 states, with supplements available for specialized coverage needs. Data analytics capabilities include ad hoc reporting and Roof Life Indicators.

Differentiator

Problem solved

Functional benefit

Brands

• Self InspectR: Consumer self-inspection mobile platform allowing homeowners to submit property photos using their smartphones or tablets.
• PreInspectR
• MAPS
• Property PredictR
• Stack Logic

Products and services

• Personal Lines Inspections Residential property inspections covering over 100 key data points for personal lines P&C insurers, including exterior/interior surveys, hazard identification, roof condition assessment, and insurance-to-value determinations. Supplemental survey reports cover electrical/heating/plumbing systems, solid fuel stoves, brush exposure, water intrusion, and wind mitigation.
• Commercial Lines Inspections Commercial property inspections covering all structures on a property for Main Street businesses (retailers, dry cleaners, attorneys' offices, food trucks), including measurements, diagrams, and photographs of potential hazards. Includes commercial supplements for food service, auto services, educational services, commercial roof, social services, vehicle services, and habitational complex.
• Farmstead Lines Inspections Farmstead property inspections covering dwellings and outbuildings for agricultural operations ranging from small to large multi-structure exposures, with specialized supplements for solid fuel-burning devices, electrical/heating/plumbing, and brush/wildfire exposure.
• Telephone Surveys

Quantifiable outcome

• PreInspectR targeting can identify properties with up to 80% actionable rate for inspected properties
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• FICOcoreStrategic or Co-development PartnerExclusive partnership with FICO to create Property PredictR, the first statistically developed property risk score based on property inspection data. Property PredictR rank-orders carrier properties by loss ratio relativity using Millennium's inspection data archive combined with FICO's analytics capabilities.
• XceedancecoreOthersXceedance acquired Millennium Information Services. Millennium is now part of the Xceedance family of companies. Xceedance is the parent company and provides operational integration and support.

Scale indicators13 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• CoreLogic (now ICE Mortgage Technology): CoreLogic is a direct competitor in property data and inspection services for P&C insurers, offering property intelligence, analytics, and inspection workflows. Millennium's VP of Account Management previously worked at CoreLogic, underscoring direct head-to-head overlap in carrier relationships and product scope.
• Xactware (a Verisk company): Xactware provides property estimating, sketching, and inspection-related workflow tools to P&C carriers and contractors. It directly overlaps with Millennium's MAPS workflow, replacement-cost data capture, and carrier-facing underwriting tools.
• EagleView: EagleView provides aerial property intelligence, including roof measurements and condition imagery, that insurers use to assess risk and roof condition. It competes with Millennium on roof life indicators and exterior data capture, and represents a key alternative data source for carrier underwriting.
• E2Value: E2Value delivers residential and commercial property valuation and cost-estimation tools used by insurers for Insurance-to-Value. It directly overlaps with Millennium's replacement-cost, ITV, and property data analytics offerings for P&C carriers.

Broad incumbents

• Verisk: Verisk is a broad incumbent in insurance data, analytics, and underwriting solutions, serving most large U.S. P&C carriers. Its Xactware property-estimating franchise competes directly with Millennium's inspection, replacement-cost, and property data workflows, while its scale makes it the dominant incumbent in the same buyer base.
• LexisNexis Risk Solutions: LexisNexis Risk Solutions provides broad insurance data, identity, and property analytics to U.S. P&C carriers. It is a broad incumbent in the same carrier buyer base and competes in property and underwriting risk data services that complement or substitute for inspection-derived data.
• RMS (a Moody's company): RMS provides catastrophe and property risk modeling for P&C insurers, complementing the risk-scoring analytics Millennium offers. It is a broad incumbent serving the same enterprise carrier customers with property risk analytics and underwriting decision support.

Emerging players

• Cape Analytics: Cape Analytics applies computer vision and geospatial AI to produce property attributes and risk scores for insurers from aerial imagery. It directly overlaps with PreInspectR and Property PredictR's predictive analytics layer and is a leading emerging alternative to physical inspection-driven scoring.
• Hover (a Generac company): Hover converts smartphone photos into accurate 3D property models and measurement data used for insurance and construction. It is an emerging player in capture-based property data that competes with Self InspectR and reduces reliance on dedicated inspector visits.
• Truepic: Truepic provides visual inspection and photo-verification technology for insurance and other industries, including secure image capture and authentication. It competes in the consumer-driven property photo capture space overlapping with Self InspectR's homeowner photo workflow.

Market position

Competitive moat5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/watch?v=zcWafQjpwGA

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Millennium Information Services, Inc.