AI innovators ZestyAI and Coterie Insurance team up to revolutionise underwriting process
/Today, an exciting partnership has been unveiled between ZestyAI, a pioneering force in climate and property risk analytics backed by artificial intelligence (AI), and Coterie Insurance, an insurtech company highly focused on establishing partnerships and renowned for their innovative use of data and technology in the small business insurance sector.
This alliance is aimed at maximising the potential of ZestyAI’s property risk analytics platform, Z-PROPERTY™. Coterie Insurance plans to integrate this advanced AI platform into their underwriting processes, providing rapid, data-driven insights into business insurance risk across the United States.
ZestyAI, famed for utilising AI in risk analysis, maintains a rich database comprising information on every property in North America. The company’s Z-PROPERTY platform uses computer vision and machine learning to interpret aerial and satellite imagery, presenting insights into over 150 million residential and commercial properties. As factors such as property condition, maintenance and upgrades evolve, they continually update this expansive database to provide real-time value and risk evaluations.