🇮🇷 Iran Proxy | https://www.wikipedia.org/wiki/Draft:ZestyAI
Jump to content

Draft:ZestyAI

From Wikipedia, the free encyclopedia


ZestyAI is a technology company that provides artificial intelligence–based risk analytics for property and casualty insurers in the United States.[1]

History

[edit]

ZestyAI was founded as a software firm focused on using data and machine learning to analyze property and climate risk for the insurance industry.[2] [3] In 2025, ZestyAI obtained a US$15 million credit facility from CIBC Innovation Banking to expand its risk‑analytics platform and customer base among insurers and reinsurers.[4][5]

Products and technology

[edit]

The company develops models that combine climatology, geospatial information, structural characteristics and historical loss data to estimate property‑level risks such as wildfire and severe convective storm.[1][6] Its analytics are used by insurers and reinsurers in underwriting, pricing and portfolio management, including for properties in catastrophe‑prone regions.[7][8]

Regulators in several U.S. states have approved ZestyAI wildfire and storm‑risk models for use in rate filings and related insurance applications.[9][10]

Recognition

[edit]

ZestyAI has been covered by business and insurance publications in connection with climate and catastrophe‑risk analytics.[6][11] The company has appeared in at least one Forbes ranking of startup employers in the United States.[12]

See also

[edit]

References

[edit]
  1. ^ a b Farivar, Cyrus (5 July 2022). "Can AI Predict If Your House Is Going To Burn To The Ground?". Forbes. Retrieved 8 December 2025.
  2. ^ "Zesty.ai Raises $33M for Proptech, Insurtech Climate Risk". Built In San Francisco. 19 July 2022. Retrieved 8 December 2025.
  3. ^ Sinha, Tannistha (18 July 2022). "Zesty.ai raises $33M to extend climate risk tech to new industries". FinLedger. Retrieved 8 December 2025.
  4. ^ "ZestyAI secures $15m credit facility to fuel expansion in climate risk modeling". Insurance Business. 25 June 2025. Retrieved 8 December 2025.
  5. ^ "Insurtech startup ZestyAI raises $15M to scale its AI-powered risk analytics platform". TechStartups. 25 June 2025. Retrieved 8 December 2025.
  6. ^ a b "Catastrophe Experts Tap AI to Tackle Soaring Insurance Losses". Bloomberg News. 26 March 2025. Retrieved 8 December 2025.
  7. ^ "ZestyAI expands access to insurance coverage with AI-powered risk analytics". Reinsurance News. 22 April 2025. Retrieved 8 December 2025.
  8. ^ "ZestyAI enables insurance for 500,000 properties using AI". Insurtech Digital. 22 April 2025. Retrieved 8 December 2025.
  9. ^ "ZestyAI's severe convective storm suite approved for use in five states". Reinsurance News. 20 March 2025. Retrieved 8 December 2025.
  10. ^ "ZestyAI's AI wildfire risk model made available for California rate filings". InsuranceERM. 6 February 2025. Retrieved 8 December 2025.
  11. ^ "AI Adoption Grows for Extreme Weather Risk Assessment". Risk & Insurance. 6 November 2024. Retrieved 8 December 2025.
  12. ^ "America's Best Startup Employers". Forbes. 3 March 2025. Retrieved 8 December 2025.