2024 in Review

As we close out 2024, we’re taking a moment to reflect on a year defined by deeper partnerships, relentless innovation, and measurable progress in the insurance industry.

Watch the video message from our CEO, Attila Toth, to learn more about the milestones we achieved and what’s next for ZestyAI.

Strengthening Relationships

This year, we deepened our collaborations with existing partners and welcomed new customers across the country. Nearly half of the top 100 insurance carriers now trust ZestyAI to deliver precise, AI-driven insights that enhance underwriting, streamline operations, and address emerging risks in high-peril areas.

Innovation That Delivers Value

At ZestyAI, innovation is never just for its own sake—it’s about delivering actionable value that solves real-world challenges. In 2024, we launched:

• Z-WATER™: Our new model that predicts non-weather-related water damage claims, helping carriers identify and mitigate this growing risk.
• Roof Age: Leveraging historical imagery and building permit data to provide accurate roof condition insights for better underwriting and risk management.

We also delivered substantial enhancements to Z-PROPERTY™, our leading property insights platform:

• Increased Coverage and Improved Hit Rates: Ensuring more comprehensive and reliable property assessments.
• New Features: Including driveway condition insights and support for multi-structure properties, enabling insurers to prioritize resources and streamline inspections.

Tremendous Regulatory Momentum

This year brought significant progress in regulatory approvals, further validating ZestyAI’s solutions in key markets like California, Texas, and Colorado. Our models continue to set a benchmark for responsible AI adoption, ensuring insurers can confidently integrate advanced property risk insights into their workflows.

Delivering Performance Across Perils

ZestyAI’s AI-powered models continued to prove their value under the industry’s most challenging conditions:

• Z-FIRE™: Recognized as the gold standard for wildfire risk across the U.S.
• Z-HAIL™: Predicting hail claim frequency and severity with up to 58 times greater accuracy than traditional models.
• Z-WIND™ and Z-STORM™: Delivering granular risk assessments for wind and storm-related risks.

These innovations are helping insurers reduce loss ratios, improve profitability, and ensure coverage availability where it’s needed most.

Looking Ahead to 2025

As we move into the new year, ZestyAI remains committed to revolutionizing risk management through AI-driven precision and proven performance. We will continue to help insurers navigate emerging challenges, drive efficiency, and build a more resilient future for their policyholders.

From all of us at ZestyAI, thank you for being part of this journey. Wishing you a wonderful holiday season and a successful year ahead.