ZestyAI, a leader in AI-powered climate and property risk analytics, has been selected by Safepoint Holdings to enhance its underwriting accuracy and risk assessment capabilities.
By leveraging ZestyAI’s advanced risk platform, Safepoint Holdings will be able to analyse a vast number of properties with high precision.
This will improve access to coverage for homeowners while strengthening Safepoint Holdings’ loss cost control program through better risk prediction and management.
Safepoint Holdings is a regional property insurance group that provides coverage to homeowners across the southeastern United States.
Through this collaboration, Safepoint Holdings will optimise its inspection strategy by incorporating high-resolution aerial imagery. This will enable the company to reduce costs, streamline operations, and enhance its risk selection process.
Key ZestyAI solutions being integrated by Safepoint Holdings include:
- Z-PROPERTY Digital Roof™: Uses AI-powered 3D modelling to assess key roof-related risk factors such as material, shape, pitch, and condition. This tool enhances risk selection and optimises property inspections by identifying homes requiring on-site evaluations.
- Z-PROPERTY Location Insights: Provides detailed property-specific risk assessments for over 150 million U.S. properties. By leveraging high-resolution imagery and machine learning, this tool detects potential hazards such as overhanging vegetation and lot debris, improving workflow efficiency and premium alignment.
- Roof Age Analysis: Utilises more than 20 years of historical aerial imagery and verified building permit data to determine roof age with 92%+ accuracy. This eliminates reliance on self-reported data, allowing for more precise pricing, reduced claims exposure, and improved coverage decisions.
David Flitman, CEO of Safepoint Holdings, said, “ZestyAI’s property insights have set a new benchmark for accuracy and innovation. The flexibility of their solutions and the ability to evaluate large insured portfolios in a matter of days provide tremendous value to us. This partnership will allow us to better serve our policyholders by proactively managing risk while making our operations more efficient.”
Attila Toth, Founder and CEO of ZestyAI, said, “By integrating our solutions, Safepoint Holdings can make better risk decisions, reduce costs, and expand coverage in states with high climate risk like Florida, Louisiana, Texas, Mississippi, and Alabama. We’re excited to support Safepoint Holdings with the insights they need to serve their policyholders.”
The partnership comes at a crucial time for Safepoint Holdings as it continues to expand its portfolio. By leveraging ZestyAI’s property-specific data, Safepoint Holdings can scale efficiently while maintaining accurate and cost-effective coverage for its policyholders.
