ZestyAI has partnered with Standard Casualty Company to enhance risk assessment and policyholder collaboration for manufactured home insurance using advanced AI-driven property and climate risk analytics.
With this, Standard Casualty seeks to deliver faster and more accurate property risk insights, crucial for addressing the rising complexity of risks due to climate change and extreme weather events.
ZestyAI provides cutting-edge analytics solutions to the insurance industry, specialising in using artificial intelligence to evaluate property and climate risks.
Its tools help insurers make data-driven decisions by analysing structural and environmental characteristics in depth.
Standard Casualty will integrate ZestyAI’s suite of solutions—Z-PROPERTY, Z-FIRE, and Z-HAIL—into its operations. These tools will enable the insurer to proactively address risks and collaborate with policyholders:
- Z-PROPERTY provides insights into specific property risks by analysing structural and environmental data.
- Z-FIRE evaluates wildfire risks, helping insurers and policyholders adopt targeted risk mitigation strategies.
- Z-HAIL predicts hail damage severity and frequency, leveraging 3D structural analysis and climatological data to deliver precise forecasts.
This integration supports Standard Casualty’s objective to offer sustained coverage even in regions with heightened risks due to wildfires, hailstorms, and other climate-driven events.
The partnership underscores Standard Casualty’s commitment to policyholder engagement by addressing vulnerabilities proactively. This approach enables homeowners to take preventive measures and maintain their coverage.
Rick Smith, underwriting manager at Standard Casualty, highlighted the advantages of the partnership, “We chose ZestyAI because their team knows the industry inside out, and no one else provides the regulatory support that they do. The platform’s transparency and functionality allow us to actively partner with our policyholders on reducing risk rather than simply denying coverage. ZestyAI’s tools and intuitive interface make all the difference in efficient, effective underwriting for our market.”
Attila Toth, CEO and co-founder of ZestyAI, added, “Standard Casualty’s commitment to reducing policyholder risk aligns seamlessly with our mission at ZestyAI. Our solutions empower insurers like Standard Casualty to guide homeowners by mitigating risks, offering actionable insights into wildfire and hail exposure. This partnership sets a new standard for how insurers and homeowners can work together to tackle risk head-on.
“With ZestyAI’s support, Standard Casualty is poised to strengthen its presence in the manufactured home insurance market, expanding its reach as a trusted expert in property risk assessment.”
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