ZestyAI, a provider of AI-powered property and climate risk analytics, announced that its non-weather water risk model, Z-WATER, has received approval in Wisconsin for use in underwriting and writing.
With this approval, insurers in Wisconsin can begin using Z-WATER to:
- Set accurate, property-specific rates
- Align coverage with actual home vulnerabilities
- Optimize inspections and mitigation strategies, such as the adoption of water sensors
- Reduce cross-subsidization and improve portfolio performance
Across five perils, including wildfire, hail, wind, storm, and now non-weather water, ZestyAI has secured more than 70 approvals coast-to-coast. In addition to these peril models, ZestyAI’s Z-PROPERTY solution has also earned nationwide approvals.
Was this article valuable?
Here are more articles you may enjoy.
NYC Restaurants Shut Off Air Conditioning, Close on Sundays as Costs Surge 
World’s Largest Retirement Community Set to Borrow $180 Million for More Homes 
AI’s Water Strain Includes Surging Demand From Electricity Use 
Home Insurance Tops Property Taxes in Squeeze for US Households 
