ZestyAI

Meet Alex Kallos, Director of Product at ZestyAI. Alex has leveraged his years of experience building credit risk models and applied that expertise to property risk analytics. In this video, hear directly from Alex about how we developed Z-HAIL—an AI-powered climate risk model that predicts the frequency and severity of hail claims for every property in the U.S. You’ll also get insight into what makes Z-HAIL different and what regulators are saying about it. Watch the video below! 👇

The devastation from Hurricane Helene and the approaching Hurricane Milton is affecting so many, including some of our own ZestyAI team members. One of our partners, SBP, is on the ground, making a real difference in helping communities rebuild. If you’re looking for ways to support recovery efforts, we encourage you to explore how you can make an impact through SBP.

🔥 Turning $1 Into $10: How ZestyAI Delivers a 10X ROI for Insurers 🔥 In our latest article, ZestyAI’s Founder & CEO, Attila Toth, shares how we consistently deliver a 10X ROI through advanced risk insights and AI-powered solutions. Learn how we: ✔️ Grow premium bases with precise, property-level assessments ✔️ Reduce losses by predicting risks like hail, wind, and wildfire with precision ✔️ Cut expenses through efficient, data-driven underwriting ✔️ Secure superior reinsurance terms with advanced risk modeling Our 10X ROI isn’t just a claim—it’s our promise. Whether it's adjusting premiums, cutting claims, or gaining a competitive edge in reinsurance, we’re helping insurers turn every $1 into $10. 💰 Check out the full article to learn more about how we’re transforming the insurance industry one dollar at a time: https://bit.ly/3zEpNZD #InsuranceInnovation #AIinInsurance #InsurTech #ZestyAI #RiskManagement #10XROI #InsuranceTransformation

🚀 AI in Insurance: Are You Regulatory Ready? Webinar: How to Use AI Responsibly Under the NAIC Bulletin 📅 November 13, 2024 | 2 PM EST | 11 AM PST AI is transforming the insurance industry—but how do you ensure compliance with new regulatory standards? Join us for this must-attend webinar with: Kevin Gaffney, Vermont Commissioner and Chair of NAIC’s Innovation, Cybersecurity, and Technology Committee Bryan Rehor, Director of Regulatory Strategy at ZestyAI What you’ll learn: 🔑 Key principles behind the NAIC’s AI regulatory framework 📊 Best practices to ensure fairness, transparency, and compliance 👁 Insights into preparing for regulatory oversight and market conduct exams 📍 Reserve your spot now! 👉 https://bit.ly/3TY9Vb6 #InsuranceInnovation #AICompliance #NAICBulletin #ResponsibleAI #ZestyAI #Webinar

Last week, the Bay Area Zesties traded in their laptops for hot dogs and baseball caps! ⚾️🌭 As a fully remote team, we thrive on flexibility, but nothing beats the energy of coming together in person. We kicked things off with some productive co-working, then stepped up to the plate for a night of fun at the ballpark. Here’s to more teamwork, whether we’re crushing it from home, the office, or the stadium! #LifeAtZestyAI

ZestyAI has secured approval from the #Indiana Department of Insurance for its full suite of severe convective storm products, including Z-HAIL, Z-WIND, and Z-STORM, for use in rating and underwriting. This follows similar approvals across key states in the hail belt, from #Texas to #Colorado and #Illinois, with more to come. Carriers using ZestyAI can now expect faster approval timelines for future filings, saving time and resources while improving access to quality insurance for Indiana residents.

Think assessing risk at the territory level is the best we can do? Think again. Ross Martin applied ZestyAI’s property-specific Z-HAIL model to a neighborhood in Lubbock, Texas, and found significant differences in risk—even between homes on the same street. 📊 The results are clear: with a 16x increase in predictive accuracy at the territory level, insurers can now make smarter decisions on underwriting, pricing, and targeting. It’s time to move beyond one-size-fits-all territory pricing and adopt tailored, data-driven strategies. While storms may seem random, not every property is equally vulnerable. Our AI-driven insights pinpoint those differences. Ready to rethink risk? Watch the video to see our model in action.

We’re excited to be back as a sponsor at InsureTech Connect 2024 in Las Vegas! At ZestyAI, we’re showcasing how we help the world’s top insurers make smarter decisions on property and climate risk. Whether you’re focused on improving underwriting, refining deductible and ACV strategies, optimizing portfolios, or aligning premiums with risk to boost loss ratios, we’re here to help. Our team is ready to share insights and discuss your unique challenges. Meet with our experts, including Attila Toth, Kumar Dhuvur, Dan Klippert, Hal Northrop, Jeff Van Lom, Steve Sundstrom, Ross Martin, and Stephanie Kuczynski. Book a meeting or visit us at Booth #2638: https://lnkd.in/giTmRz7s

Missed the live session? No problem! The Mitigating Non-Weather Water Risk webinar is now available on demand. In this exclusive session, you'll gain insights into: 🚿 Emerging Trends: Uncover the growing severity and rising loss costs. 🚿 Key Risk Factors: Understand the impact of property construction and local infrastructure. 🚿 Z-WATER in Action: Discover how our AI-driven model predicts non-weather water risk with exceptional precision. This recording is available for a limited time – don’t miss your chance! Watch now: https://bit.ly/3TyCSKL

📢 In its recent roundup of industry research, Insurance Journal highlighted our State of the Industry research study! We surveyed 200+ property and casualty insurance professionals, uncovering key insights on risk assessment practices, expectations for AI-based models, views on transparency and regulatory adoption, and the industry's top concerns. 🔍 Key finding: The industry remains fragmented on the types of risk models used and which perform best. But, the study found that reinsurers and insurtechs are now convinced that AI models help better manage climate-related losses. 📊 Curious to learn more? Download the full report here: https://bit.ly/3TtX14j