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.
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup 
