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Farmers Insurance Adopts Zesty.ai Z-FIRE™
Some California Homeowners Can Get Coverage Again After Wildfires
Farmers Insurance will use artificial intelligence to sell 30,000 home policies in fire-prone parts of the state. Technology from Zesty.ai will help Farmers assess California applicants’ risk of wildfires, like the Camp Fire in 2018.
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IBHS & Zesty.ai
Wildfire Fuel Management & Risk Mitigation Whitepaper
Research across more than 71,000 properties involved in wildfires draws significant links between fuel management and property survival. Vegetation increases a home's chances of being destroyed - but by how much?
California FAIR Plan Case Study
Zesty.ai Z-FIRE™ delivers 44x lift in risk prediction
Comparing Zesty.ai’s Z-FIRE™ model to the traditional model used for assessing risk using ~230k homes covered by the California Fair Access to Insurance Requirements (FAIR) Plan from 2016-2019.
PROPERTY ANALYTICS
Making Every Property a Digital Property
At Zesty.ai, we transform 200 billion+ data points including aerial imagery, permits, transaction, weather, and sensor data into a digital source of truth for every property. That powerful data fuels climate risk models that further expand what we know the risk associated with the property and its structures.
NBC: New Technology Helps Homeowners Get Insured
"Technology could help. Zesty.ai lets insurance companies evaluate each home — not just the zip-code."
Jacob Ward
NBC Technology Correspondent
Zurich Insurance Group
"Zesty.ai inspired us to put them on the podium by harnessing the power of analytics and AI to help prevent claims from happening to our customers. We're now working with Zesty.ai in North America."
Stuart Domingos
Group Head of Innovation Zurich Insurance Group
AI for Insurance Climate Risk
Increasingly frequent natural disasters devastated communities and drove $2.2 Trillion in economic losses over the past decade. Zesty.ai uses 200Bn data points, including aerial imagery, and artificial intelligence to assess climate risk to each and every building.
Business Insider: AI & Insurance
"Across the state, an insurance crisis is unfolding. Multiple reports suggest that recent wildfires wiped out decades of profits for the industry."
Business Insider
Reputation for Innovation
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100 Most Innovative AI Startups
2021 - CB Insights
Future 50
2021 - Insurtech Insights
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Best AI Startup
2020 - AI Breakthrough Awards
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Top 10 Insurtech Companies
2020 - Plug And Play
100 Most Innovative AI Startups
2020 - CB Insights
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Gartner Cool Vendor in Insurance
2019 - Gartner Research
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Silver in Global Insurtech Challenge
2019 - Zurich Innovation World Championship
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