Mercury Insurance, a California-based provider of auto and home insurance, has made a strategic investment in BurnBot to advance wildfire mitigation and support more affordable and accessible insurance coverage.
BurnBot is a wildfire mitigation technology company that develops and operates robotic, data-driven systems for hazardous fuels reduction and vegetation management. The company partners with agencies, utilities, and communities to reduce wildfire risk and improve resilience.
Mercury’s investment reflects its proactive approach to reducing wildfire risk before it results in losses and forms part of its broader effort to strengthen community resilience and support long-term insurance availability and affordability in wildfire-prone regions, particularly California.
Through the investment and partnership, Mercury and BurnBot will explore risk reduction strategies for communities facing wildfire risk, with the aim of helping them become safer and more insurable over time.
Victor Joseph, President and Chief Operating Officer of Mercury Insurance, said, “Wildfire risk is a major concern for many communities and addressing it requires more than traditional approaches.
“Insurers have a responsibility to support mitigation and resilience initiatives. Working with BurnBot, we are increasing our understanding of how on-the-ground risk reduction translates into expanded insurance availability and improved affordability for homeowners and communities.”
Anukool Lakhina, CEO of BurnBot, added, “Mercury’s leadership in leaning into mitigation is important for the future of wildfire insurance in California and beyond.
“We are excited to support Mercury in building practical pathways that connect real-world risk reduction with insurance outcomes.”
The partnership will initially focus on California, where BurnBot’s mitigation efforts are already underway, potentially expanding over time based on results and learnings.
