Tag: ZestyAI

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.

Lemonade partners with ZestyAI to enhance catastrophe underwriting with AI

ZestyAI, an artificial intelligence-driven predictive analytics company, has announced a new partnership with digital insurance company Lemonade to optimise underwriting for key catastrophe perils across the U.S.

ZestyAI partners with Colorado FAIR Plan to enhance wildfire insurance access

ZestyAI has partnered with the Colorado FAIR Plan to improve insurance access for homeowners struggling to secure coverage due to wildfire and climate risks. The...

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...

Safepoint Holdings partners with ZestyAI to enhance climate risk analytics and...

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...

73% of insurers see AI models as key to managing climate...

A recent survey by ZestyAI has revealed that 73% of insurers believe AI models are key to managing climate-related losses, as the insurance industry grapples with mounting losses from extreme weather.

West Bend and ZestyAI expand partnership to boost AI-driven property risk...

West Bend Insurance, a personal lines insurer, has expanded its collaboration with ZestyAI, a leader in climate and property risk analytics.

ZestyAI unveils AI-powered model for non-weather water claims

ZestyAI, the leading provider of climate and property risk analytics solutions, has unveiled its newest solution, designed to address the increasing frequency and severity of non-weather water and freeze claims.

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