Today, ZestyAI has announced that it has teamed up with Guidewire Software, Inc. through its new Insurtech Vangaurds program. With more than 450 insurers using Guidewire and its platform, this cooperation will connect even more insurers with ZestyAI’s risk analytics.
Insurance is growing increasingly digital. The way property owners and insurers interact with real property is rapidly changing, yet some parts of the industry remain painfully analog. Carriers are working hard to augment inspections, shrink data silos, replace decades old risk models, and address a lack of data transparency through the use of proven technologies like artificial intelligence.
Together, Guidewire and ZestyAI are leading the digital transformation of P&C industry. Guidewire not only provides carriers with a platform for managing the policy lifecycle, but also an ecosystem for connecting carriers with innovators like ZestyAI. In order to truly understand each property, ZestyAI has built a digital twin for every property in North America. The property’s digital twin leverages artificial intelligence to turn unstructured data into structured data insights that, to date, are used to protect more than $3T of real assets.
As risks continue to evolve and grow, so too does a carrier’s technology stack. Together, Guidewire and ZestyAI are making sure carriers have access to AI that can help them innovate and grow.