ZestyAI Strengthens Collaboration with Steadily
ZestyAI Announces New Partnership with EarthDaily Analytics
ZestyAI, a leading company in AI-powered climate and property risk analytics, has announced a new partnership with EarthDaily Analytics, a global provider of Earth Observation analytics and data. This collaboration aims to deliver property-specific risk assessments for wildfire, hail, and other climate-related risks.
The partnership does not involve any financial investment from either party. Through this partnership, ZestyAI's advanced models (Z-FIRETM, Z-HAILTM, Z-WINDTM, and Z-STORMTM) will be available through EarthDaily's Ascend platform.
ZestyAI has been leveraging its AI-driven risk models with the California FAIR Plan since 2021, providing enhanced risk assessment for properties that cannot find coverage in the regular market due to high risk. The California FAIR Plan, an insurer of last resort, has now expanded its partnership with ZestyAI for a period of four years. The exact nature of the expanded partnership is not specified.
The Colorado FAIR Plan, another state-level entity, has also partnered with ZestyAI to expand insurance access for homeowners facing coverage challenges. The partnership between ZestyAI and the Colorado FAIR Plan is not limited to a particular region or country.
Recently, ZestyAI has collaborated with companies including Munich Re and CoreLogic in climate and property risk analysis. This latest news from ZestyAI underscores its commitment to providing innovative solutions for climate-related property risks.
The partnership between ZestyAI and EarthDaily Analytics is not specified as being a one-time event or a long-term agreement. It is expected that the collaboration will contribute to more accurate and timely risk assessments, aiding in the management of climate risks for property owners worldwide.
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