DUAL Strengthens Storm Risk Underwriting and Rating With ZestyAI

DUAL Partners with ZestyAI for Enhanced Storm Risk Assessment

DUAL North America Inc. has announced its collaboration with ZestyAI, selecting the Z-STORM™ model to improve storm-risk underwriting and pricing. This partnership aligns with DUAL's ongoing efforts to expand its footprint in the U.S. insurance market.

About the Partnership

ZestyAI is well-known for its innovative use of artificial intelligence in assessing risks associated with severe weather events. The Z-STORM™ model specifically enables insurers to gauge the impacts of storms more accurately. This enhanced capability is crucial as extreme weather events become more prevalent.

Impact on Underwriting

The integration of the Z-STORM™ model is expected to help DUAL underwrite policies with greater precision. This could lead to improved pricing strategies, allowing DUAL to better serve its clients while also managing risk effectively. DUAL's focus on utilizing advanced technology reflects a broader trend in the insurance industry where data analytics is increasingly driving decision-making.

Who Will Benefit?

This partnership will likely benefit both insurance professionals at DUAL and their clients. Underwriters can expect to work with enhanced tools that provide deeper insights into storm-related risks. Ultimately, clients may see more tailored insurance solutions that reflect their true risk profiles.

Final Thoughts

As DUAL continues to expand rapidly in the U.S. market, this collaboration with ZestyAI showcases the company's commitment to leveraging technology. By improving storm-risk assessment, DUAL is positioning itself to navigate the challenges posed by adverse weather events more effectively.

Original Source: https://ffnews.com/newsarticle/insurtech/dual-strengthens-storm-risk-underwriting-and-rating-with-zestyai/