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What is Zesta AI?

Zesta AI leverages state-of-the-art geocoding and artificial intelligence to accurately link addresses to their respective buildings. By offering real-time data pre-fill, the company significantly improves customer satisfaction and reduces the likelihood of cancellations post-binding due to failed inspections. Furthermore, Zesta AI seeks to lower loss ratios through an underwriting process that is informed by robust data analysis. Given the increasing frequency of natural disasters that displace families, wreak havoc on communities, and lead to substantial financial impacts, Zesta AI utilizes AI to evaluate the climate risk tied to each structure. Our innovative research and development center, Zesta AI Lab, is strategically located in the burgeoning AI hub of Montreal, Canada, acting as an essential asset for our applied AI research efforts. This lab not only promotes cutting-edge innovation but also reinforces our dedication to crafting solutions that meet the dynamic challenges faced by the insurance industry, ensuring we remain at the forefront of technological advancements. Moreover, this commitment to innovation enables us to better serve our clients and adapt to an ever-changing landscape.

What is HurLoss?

HurLoss is ARA's sophisticated hurricane catastrophe model designed specifically for property insurers, reinsurers, brokers, and ILS managers to effectively manage risks in hurricane-prone areas. Established in 1998, HurLoss has been pivotal in shaping structural engineering standards in states affected by hurricanes and has played a key role in federal emergency management and mitigation efforts since 2003. The model offers an extensive event set that encompasses the entire North Atlantic basin, including regions like the U.S., the Caribbean, Bermuda, as well as parts of Canada, Mexico, and Central America. What distinguishes HurLoss is its unique physics-based approach to hurricane hazard modeling, which integrates engineering load and resistance analysis based on foundational principles and validated through claims data. Furthermore, the model includes projections for future climate scenarios, allowing users to assess risks with both present and future climatological data, such as changes in sea surface temperature and wind shear. This innovative perspective not only enhances risk assessment but also empowers stakeholders to develop robust hurricane risk management strategies that are adaptable to evolving climate conditions, ultimately ensuring a more resilient approach to disaster preparedness and response.

Media

Media

Integrations Supported

Moody’s Risk Modeler
Oasis Loss Modeling Framework

Integrations Supported

Moody’s Risk Modeler
Oasis Loss Modeling Framework

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Zesta AI

Company Location

Australia

Company Website

zesta-ai.site/commercial-property-insights.html

Company Facts

Organization Name

ARA

Date Founded

1998

Company Location

United States

Company Website

www.ara.com/hurloss/

Categories and Features

Categories and Features

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