Tag: Climate risk

Climate X integrates Fathom flood model for global insight

Climate X, a global leader in climate risk intelligence and resilience analytics, has partnered with Fathom, a pioneer in flood risk modelling, to deliver...

Deferred repairs pose $317bn threat to insurers

A new study from ZestyAI has found that over 60% of U.S. homeowners are postponing critical home maintenance, potentially exposing insurers to an eye-watering $317bn in claims.

ZestyAI bags $15m from CIBC to scale AI risk platform

ZestyAI, a US-based InsurTech company specialising in AI-powered risk analytics for the property and casualty insurance sector, has secured a $15m credit facility from CIBC Innovation Banking.

ZestyAI secures regulatory approval for Severe Convective Storm Suite across five...

ZestyAI, a leader in property and climate risk analytics, has announced regulatory approval of its Severe Convective Storm (SCS) Suite in Oklahoma, North Carolina, Louisiana, Wisconsin, and Arkansas.

Kin launches home insurance in California to address growing coverage gap

Kin, a direct-to-consumer digital home insurance provider, has officially launched its home insurance offering across the entire state of California.

Pula Foundation bags €10m to increase access to climate risk insurance

Pula Foundation, an InsurTech company based in Rwanda, has been awarded a €10m grant from the Bayer Foundation to increase access to climate risk...

New partnership between Cytora and Moody’s RMS tackles catastrophe risk in...

Cytora, a leading digital risk processing platform, has announced a partnership with Moody’s RMS, a global catastrophe risk modelling and solutions company.

WTW launches first-ever coral reef insurance policy in Fiji

WTW, a leading global advisory, broking, and solutions company, has introduced a groundbreaking parametric insurance policy aimed at protecting the coral reef system of the South Pacific Ocean’s Lau Group of islands.

California FAIR Plan collaborates with ZestyAI for precise wildfire insurance pricing

Today, two prominent players, ZestyAI, renowned for its climate and property risk analytics solutions, and California FAIR Plan Association, recognised as California's primary property...

Climate-focused Demex bags $5m to transform the reinsurance market

The Demex Group, described as the innovators behind unprecedented reinsurance solutions tackling accumulating losses from secondary perils, has successfully garnered an investment of $5m.

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