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San Francisco, CA – December 4, 2024 — ZestyAI, the leading provider of climate and property risk analytics solutions powered by AI, has partnered with American Farmers & Ranchers Mutual Insurance Company (AFR), a trusted name in rural insurance in Oklahoma for over 100 years.
The partnership leverages ZestyAI’s aerial imagery and risk modeling solutions to enhance AFR’s property risk assessment and streamline underwriting processes.
With nearly 100% aerial imagery coverage across the contiguous U.S., ZestyAI’s platform delivers superior hit rates, unparalleled image quality, and peril-specific risk models for wildfire, wind, and hail—empowering AFR to assess risk at a granular, property-specific level.
Kimball Lynn, Director of Underwriting & Operations at AFR, said, “While our primary focus was aerial imagery, we quickly realized that ZestyAI’s solutions for assessing peril-specific risks like wind, hail, and wildfire made them a multifaceted underwriting solution. In Oklahoma, where wind and hail are constants, their severe convective storm risk-scoring capabilities stood out.”
“The shift to ZestyAI's broader coverage footprint and more consistent, accurate, up-to-date imagery has improved our underwriting approach."
Carriers often face challenges with aerial imagery providers covering only 75%-80% of the U.S., leaving gaps in rural areas and outdated visuals. ZestyAI solves this by integrating data from all major aerial imagery providers, achieving nearly 100% hit rates with more recent imagery.
This approach ensures precise insights into property risks—such as roof quality, lot debris, and driveway condition—empowering insurers with a complete, up-to-date view.
Kimball Lynn added,
"ZestyAI’s training and platform are intuitive, which made for a smooth adoption, and the onboarding experience and ongoing support have made for a strong partnership so far.”
Attila Toth, Founder and CEO of ZestyAI, emphasized AFR’s proactive approach:
“AFR's foresight in preparing for emerging risks is setting an example for other carriers and demonstrates their dedication to innovative risk management and protecting their communities. We're proud to partner with a company that shares our commitment to proactive, data-driven risk management.”
About American Farmers & Ranchers Mutual Insurance Company
American Farmers & Ranchers Mutual Insurance Company (AFR Insurance) has served rural Oklahomans for over 100 years, offering reliable, comprehensive insurance products tailored to meet the needs of its policyholders. Headquartered in Oklahoma City, AFR Insurance continues it's legacy of excellence and innovation in protecting its members.
About ZestyAI
ZestyAI is the leading property and climate risk platform for Property and Casualty insurers in North America. The company has revolutionized the world’s understanding of property and climate perils by combining artificial intelligence with historical losses and cutting-edge data sources.
Leading insurers and real estate companies trust ZestyAI’s platform to identify risk and assess exposure, including the impact of catastrophic events like wildfires, hail, and wind storms. ZestyAI helps insurers make more informed underwriting decisions, rate fairly and accurately, enhance reinsurance outcomes, and improve customer experience through actionable risk insights that both property owners and regulators trust.
For more information on how ZestyAI is revolutionizing risk management, visit www.zesty.ai.