July 26, 2024
ZestyAI, a provider of climate and property risk analytics solutions powered by artificial intelligence (AI), announced it has received approval for use in rating and underwriting from the Texas Department of Insurance for its complete suite of Severe Convective Storm …
June 14, 2022
As Western wildfires force evacuations in Arizona and California – on the heels of an early and severe wildfire season in New Mexico – insurers are increasingly eyeing the growing risks. “Insurers are very much concerned about the wildfire situation,” …
June 9, 2022
As the U.S. West heads into the hot, dry summer months, a growing number of indications point to a potentially bad wildfire season. In the past two months, two analyses have emerged from fire weather experts using words like “intense,” …
June 16, 2021
California regulators have approved a plan by Farmers Insurance to assess wildfire risk by using a tool that combines artificial intelligence with high-resolution aerial photography. The carrier said the Z-Fire risk scoring model developed by Zesty.ai is expected to make …
May 22, 2020
Fire-risk scores now used by insurance underwriters can sometimes can make it challenging for homeowners to find coverage. Zesty.ai, a California insurtech start-up, is among a handful of firms working to fine-tune fire-risk scores so that some homeowners have a …
March 13, 2019
Aon has formed a strategic alliance with Zesty.ai, a San Francisco-based insurtech startup, which uses artificial intelligence (AI) to enhance insurers’ property underwriting. Zesty.ai’s technology provides access to more than 130 billion data points on buildings and their surroundings which …
February 8, 2019
Zurich Insurance Group announced that the gold and silver winners for its first global insurtech competition were startups that have developed artificial intelligence-based solutions. Toronto-based Chisel AI was the gold winner for its work in improving the processing of unstructured …