NEXT Insurance adopts ZestyAI’s solution for smarter underwriting
ZestyAI has partnered with NEXT Insurance to enhance underwriting with AI-driven property risk insights, providing small business owners with smarter, more tailored coverage.
The move will see ZestyAI’s Z-PROPERTY and Z-FIRE models enable NEXT Insurance to streamline its workflows, enhance its decision-making, and offer a fully digital purchasing experience without compromising underwriting quality.
This approach supports NEXT’s mission to provide innovative, accessible, and simplified insurance solutions for small business owners.
Z-PROPERTY leverages high-resolution aerial imagery and AI analytics to evaluate roof conditions, structural risks, and environmental hazards, providing insurers with detailed insights to improve underwriting precision.
Z-FIRE, already trusted by over one-third of California’s insurance market, assesses wildfire risk through a combination of data from over 2,000 historical wildfires, satellite imagery, and topographic information to ensure premiums accurately reflect true wildfire exposure.
ZestyAI’s advanced analytics are designed to help insurers optimise risk selection and drive greater efficiency in underwriting, while offering better protection and pricing accuracy for policyholders.
“ZestyAI’s peril-based risk models stood out for their ability to provide precise, actionable insights at scale, perfectly complementing our mission to help entrepreneurs thrive,” said Lance Poole, Head of AI Underwriting at NEXT Insurance.
“This partnership strengthens our underwriting capabilities by delivering advanced data analytics that allows us to offer a faster, fully digital purchasing experience while maintaining best-in-class underwriting. By streamlining workflows and enhancing decision-making, we’re able to create innovative, tailored insurance solutions that meet the unique needs of small business owners, all while staying true to our commitment to simplicity and excellence.”
Attila Toth, CEO of ZestyAI said “At ZestyAI, we are committed to bringing the power of AI-driven risk intelligence to the insurance industry. NEXT Insurance is redefining small business insurance with a fully digital experience, and we are proud to support that vision by providing precise, property-specific risk insights. With Z-PROPERTY and Z-FIRE, NEXT can enhance underwriting efficiency, optimize risk selection, and ultimately deliver smarter, more tailored coverage to small business owners across the country.”
