Zesty.ai offers risk analytics for the Property and Casualty (P&C) insurance industry through its AI-powered Risk Analytics Platform. This platform uses high-resolution digital imagery and data from 25 sources to provide detailed insights into property conditions and climate risks, helping clients make informed underwriting decisions. Zesty.ai stands out by enabling quick implementation and delivering actionable insights, allowing clients to see results in weeks. The company's goal is to enhance risk management and decision-making for insurers in a changing environment.

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ZestyAI, the leading provider of climate and property risk analytics solutions powered by AI, has partnered with American Farmers & Ranchers Mutual Insurance Company (AFR), a trusted name in rural insurance in Oklahoma for over 100 years.The partnership leverages ZestyAI’s aerial imagery and risk modeling solutions to enhance AFR’s property risk assessment and streamline underwriting processes. With nearly 100% aerial imagery coverage across the contiguous U.S., ZestyAI’s platform delivers superior hit rates, unparalleled image quality, and peril-specific risk models for wildfire,wind, and hail—empowering AFR to assess risk at a granular, property-specific level.Kimball Lynn, Director of Underwriting & Operations at AFR, said: “While our primary focus was aerial imagery, we quickly realized that ZestyAI’s solutions for assessing peril-specific risks like wind, hail, and wildfire made them a multifaceted underwriting solution. In Oklahoma, where wind and hail are constants, their severe convective storm risk-scoring capabilities stood out.”He added, “We also valued their broader coverage footprint and more consistent image quality. The shift to more accurate, up-to-date imagery has improved our underwriting approach. ZestyAI’s training and platform are intuitive, which made for a smooth adoption, and the onboarding experience and ongoing support have made for a strong partnership so far.”Carriers often face challenges with aerial imagery providers covering only 75%-80% of the U.S., leaving gaps in rural areas and outdated visuals. ZestyAI solves this by integrating data from all major aerial imagery providers, achieving nearly 100% hit rates with more recent imagery

American Farmers & Ranchers Insurance Partners With Zestyai To Enhance Property Risk Management

ZestyAI, the leading provider of AI-driven property and climate risk analytics for the insurance industry, has partnered with Standard Casualty Company, a specialized property insurer serving manufactured home owners.Through the partnership, Standard Casualty will leverage ZestyAI’s platform to elevate risk assessment and policyholder collaboration. This will enable Standard Casualty to gain faster and more accurate insights into property risks which have become more complex due to the increase in extreme weather events driven by climate change. As a result, Standard Casualty will be in a stronger position to maintain comprehensive coverage, particularly in high-risk states such as Texas, Georgia, Arizona, and New Mexico.Mobile homes are vulnerable to accidents and natural disasters, such as fires, floods, and storms. In some cases, due to their design and construction, mobile homes might be more susceptible to certain types of damage. With this partnership, Standard Casualty prioritized finding a solution that enables collaboration with policyholders to actively reduce these risks, allowing them to maintain coverage even in high-risk areas. Through ZestyAI’s advanced analytics, Standard Casualty can now better support policyholders by identifying and addressing specific vulnerabilities before disaster strikes.Standard Casualty will integrate ZestyAI’s Z-PROPERTY, Z-FIRE, and Z-HAIL solutions, positioning itself as a leader in mobile home insurance by proactively mitigating property risks related to wildfires and severe weather events:Z-PROPERTY delivers property-specific risk insights by analyzing building characteristics and environmental factors, empowering underwriters to make precise, informed decisions for each property

Standard Casualty Partners With Zestyai To Increase Protection For Manufactured Home Owners Through Advanced Risk Analytics

ZestyAI,
a provider of climate and property risk analytics solutions, announced its partnership with
Donegal Insurance Group
on a project that utilizes its new Roof Age solution for Donegal's existing Personal Lines book of business.

Donegal partners with ZestyAI

West Bend Insurance Company has expanded its partnership with ZestyAI to incorporate more AI-powered risk analytics into its underwriting process.

West Bend enhances underwriting with ZestyAI's AI-powered risk analytics

ZestyAI launches AI model to tackle non-weather water claims.

ZestyAI launches AI model to tackle non-weather water claims

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Amica Expands Partnership With Zestyai

Amica to Adopt ZestyAI's Full Risk Analytics Platform to Better Serve CustomersSAN FRANCISCO and LINCOLN, R.I., July 30, 2024 /PRNewswire/ - Today, ZestyAI , the leading provider of climate and property risk analytics solutions powered by Artificial Intelligence (AI), and Amica Mutual Insurance, a leader in auto, home, and life insurance, announced they will be expanding their long-standing partnership. Amica will now leverage ZestyAI's full property and climate risk analytics platform. This includes AI-powered climate risk models that evaluate both the hazard and vulnerability of hail and wind damage, Z-HAIL™ and Z-WIND™, as well as ZestyAI's property risk solution, Z-PROPERTY™. Amica will integrate these new predictive analytics models into a unified AI platform with their existing wildfire risk assessment, Z-FIRE™, and regulatory compliance solutions, CA Compliance Prefill.As natural catastrophic events, like severe convective storms and wildfires, become increasingly frequent and severe, insurers need to find better ways to accurately predict and proactively address the growing threat of climate risk. (CNW Group/ZestyAI)As natural catastrophic events, like severe convective storms and wildfires, become increasingly frequent and severe, insurers need to find better ways to accurately predict and proactively address the growing threat of climate risk. ZestyAI provides accurate, property-specific data to help insurers determine the true risk for each property

Amica Mutual Insurance Expands Partnership With Zestyai To Enhance Property Risk Assessment In The Face Of Increasing Climate Risks

COUNTRY Financial’s partnership with ZestyAI signifies a strategic move towards modernization and enhanced client service. By incorporating ZestyAI’s solutions into its underwriting processes, COUNTRY Financial is poised to streamline operations and provide more accurate risk assessments, aligning with its commitment to delivering unparalleled service to its valued clients and network of representatives. With ZestyAI’s advanced analytics, COUNTRY Financial can offer clients and representatives a seamless, transparent, and accurate insurance experience, ensuring they receive the best coverage tailored to their needs

Zestyai Welcomes Country Financial

ZestyAI, a provider of AI-driven climate and property risk analytics solutions, has announced a strategic partnership with Duck Creek Technologies, a provider of core systems for property and casualty (P&C) insurance.

ZestyAI partners with Duck Creek for property and climate risk analytics

Today, ZestyAI, the leading provider of climate and property risk analytics solutions powered by Artificial Intelligence (AI), is announcing a strategic partnership with Duck Creek Technologies, the intelligent core systems provider defining the future of property and casualty (P&C) and general insurance. This collaboration will see ZestyAI’s entry into Duck Creek’s esteemed ecosystem as a Solution partner, equipping P&C insurers with the property analytics and peril-specific risk scores they need to assess and manage climate-related risks.Record-breaking losses from natural disasters, like wildfires and severe convective storms, have left the P&C insurance industry searching for better ways of assessing and managing climate risk. ZestyAI, renowned for its expertise in harnessing artificial intelligence and data science to assess risk exposure at the property level, offers comprehensive property insights and climate risk models that account for all factors impacting a property’s overall risk.Key Benefits of the IntegrationComprehensive Climate Risk Assessment: ZestyAI’s climate models accessible within the Duck Creek platform provide insurers with a holistic view of a property’s risk exposure to natural disasters, such as severe convective storms and wildfires.Enhanced Risk Management: With a more accurate understanding of property and climate risk, P&C insurers can reduce loss ratio through superior control over risk selection and offer tailored insurance solutions based on the insights provided by ZestyAI’s climate models and property insights.Faster, More Consistent Decisions: The integration of ZestyAI’s property and climate risk models into Duck Creek expedites personal lines and commercial lines workflows by facilitating straight-through processing of low risks, auto-declining high risks, and scaling underwriting capacity to where it’s needed most.“We are delighted to partner with the strong team at ZestyAI to provide seamless access to their unique property data insights from within Duck Creek Policy,” says Robert Fletcher, Sr. Partner Manager at Duck Creek. “Our mutual customers are looking for the most accurate, location-specific data to assess the underlying risk of a property. Through this new partnership with ZestyAI, we continue to demonstrate the power of Duck Creek’s open platform, which enables insurers to rapidly integrate innovative solutions to provide an easier, quicker and more accurate user experience.”“The insurance industry is undergoing a seismic shift when it comes to the availability of technology and data,” said Attila Toth, Founder and CEO of ZestyAI

ZestyAI

AI-driven risk analytics for insurance

ZestyAI

AI-driven risk analytics for insurance

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