Reinsurance News
ZestyAI
Most insurance leaders say industry isn’t adapting fast enough to climate risk: ZestyAI
10th October 2025
A new ZestyAI survey finds that the insurance industry is falling behind in preparing for climate-driven risks, with 61% of executives saying the sector is not adapting quickly enough, even as natural disasters become more frequent, severe, and costly. ZestyAI recently released its 2025 State of Property Insurance survey, which includes ... Read the full article
ZestyAI adds mitigation-aware scoring to Severe Convective Storm risk assessments
10th September 2025
ZestyAI, a company specialising in AI-driven property risk analytics, has introduced a new feature in its Severe Convective Storm risk suite that allows insurers to update risk scores based on property improvements. The company, which provides data-driven tools for assessing property vulnerability to natural hazards, said the feature enables adjustments for ... Read the full article
ZestyAI’s Severe Convective Storm suite receives approval in Ohio
6th May 2025
ZestyAI, a provider of AI-driven insurance risk analytics, has announced that its Severe Convective Storm suite, which includes Z-HAIL™, Z-WIND™, and Z-STORM™, has received regulatory approval from the Ohio Department of Insurance. With the addition of Ohio, the suite is now approved for use in 16 states. Ohio has experienced 36 billion-dollar ... Read the full article
ZestyAI expands access to insurance coverage with AI-powered risk analytics
23rd April 2025
ZestyAI, a provider of AI-driven insurance risk analytics, played a key role in helping carriers and insurers of last resort extend coverage to over 511,000 properties previously considered uninsurable in 2024. In the coming year, the company aims to double its impact, providing coverage options to more than a million families ... Read the full article
Insurers exposed to billions in potential losses from hail-related roof damage: ZestyAI
10th April 2025
ZestyAI, a company specialising in property and climate risk analytics, has disclosed that over 12.6 million US properties are at high risk of hail-related roof damage, costing about $189.5 billion in potential replacement costs. The information was obtained through ZestyAI’s Z-HAIL model, and highlights the growing financial threat of severe convective ... Read the full article
ZestyAI’s Severe Convective Storm Suite approved for use in five states
19th March 2025
ZestyAI, a company specialising in property and climate risk analytics, has secured regulatory approval for its Severe Convective Storm Suite in Oklahoma, North Carolina, Louisiana, Wisconsin, and Arkansas, the approval impacts over 12 million residential and commercial properties. Severe convective storms caused $58 billion in insured losses in 2024, making it ... Read the full article
Lemonade adopts ZestyAI’s platform to enhance underwriting
17th March 2025
ZestyAI, a provider of AI-driven climate and property risk analytics, has confirmed that Lemonade, the digital insurer powered by AI, has adopted its platform to further optimise underwriting for key catastrophe perils in the US. The pair stated that their partnership reflects a shared vision for addressing increasing climate risks and ... Read the full article
ZestyAI partners with Colorado FAIR Plan to help expand insurance accessibility
7th March 2025
ZestyAI, a provider of AI-driven climate and property risk analytics, has partnered with the Colorado FAIR Plan to expand insurance access for homeowners facing coverage challenges amid the climate crisis. The Colorado FAIR Plan will leverage ZestyAI's AI-driven risk models, Z-FIRE™, Z-HAIL™, and Z-WIND™, to provide property-specific risk assessments for wildfire, ... Read the full article
$2.15trn in US property value at risk of wildfire damage: ZestyAI
27th February 2025
$2.15 trillion worth of U.S. residential property is at high risk of wildfire damage, according to a new AI-powered analysis from ZestyAI. The study examined 126 million properties nationwide, finding that 4.3 million homes face significant wildfire risk—extending well beyond traditionally high-risk areas. ZestyAI used AI models trained on data from more ... Read the full article
NEXT Insurance to enhance underwriting processes with ZestyAI partnership
18th February 2025
ZestyAI, a provider of AI-driven climate and property risk analytics, has partnered with commercial insurer NEXT Insurance to bring AI- powered risk insights to small business insurance. Under this agreement, NEXT will adopt ZestyAI’s Z-PROPERTY and Z-FIRE models to enhance its underwriting processes with precise, property-level risk insights. Attila Toth, CEO of ... Read the full article
ZestyAI’s Z-FIRE model gains approval for California wildfire risk assessment
6th February 2025
ZestyAI, a provider of AI-driven climate and property risk analytics, announced that Z-FIRE, its advanced wildfire risk model, is now filing-ready in California. Under the Pre-Application Required Information Determination (PRID) process, which focuses on catastrophe load factor models, Z-FIRE can continue to be filed for rate segmentation and underwriting without further ... Read the full article
ZestyAI’s Severe Convective Storm suite receives approval in Minnesota
27th January 2025
Climate and property risk analytics provider ZestyAI has announced that its Severe Convective Storm suite, which includes Z-HAIL, Z-WIND, and Z-STORM, has received regulatory approval from the Minnesota Department of Commerce. This approval enables Minnesota insurers to better assess storm risks, enhance underwriting accuracy, and implement proactive risk management strategies. Minnesota has ... Read the full article
ZestyAI partners with AFR to improve property risk assessment
4th December 2024
ZestyAI, a provider of climate and property risk analytics powered by AI, has partnered with American Farmers & Ranchers Mutual Insurance Company (AFR), an insurance provider in Oklahoma's rural sector for over a century. This collaboration utilises ZestyAI’s aerial imagery and risk modelling solutions to improve AFR’s property risk assessment and ... Read the full article
AI adoption in insurance grows amid rising extreme weather risks: ZestyAI
8th November 2024
As losses from extreme weather increase, insurers are rapidly adopting AI risk assessment models, with one in four now using AI for convective storms and 18% for wildfires, according to a recent survey by ZestyAI. ZestyAI’s survey, which collected responses from 200 senior insurance leaders, explores how the industry is responding ... Read the full article
Donegal Insurance Group partners with ZestyAI for property risk assessment solution
25th October 2024
Donegal Insurance Group has partnered with ZestyAI, a climate and property risk analytics solutions provider, to utilise its new AI-powered solution to enhance property risk assessment by accurately determining roof age across the US. Through the project, Donegal will utilise ZestyAI’s Roof Age solution to fill in the missing roof age ... Read the full article
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