Safepoint Holdings has partnered with ZestyAI to improve underwriting accuracy and risk assessment. ZestyAI specializes in AI-driven climate and property risk analytics. Its platform will help Safepoint Holdings analyze properties with greater precision.
This collaboration aims to expand homeowner coverage while improving loss cost control through better risk prediction and management. Safepoint Holdings, a regional insurer, serves homeowners across the southeastern U.S.
ZestyAI, founded in 2015, specializes in AI-driven property and climate risk analytics. The company provides predictive insights to insurers and real estate firms, enabling precise risk assessment and property valuation.
In July 2022, ZestyAI secured $33 mn in a Series B funding round led by Centana Growth Partners, with participation from existing investors. This investment expanded its insurance solutions and supported new real estate applications. Earlier, in March 2022, the company obtained $10mn in venture debt from Brex to accelerate growth.
The company will integrate high-resolution aerial imagery to refine its inspection strategy. This approach reduces costs, improves efficiency, and enhances risk selection.
Safepoint Holdings is incorporating several ZestyAI solutions:
- Z-PROPERTY Digital Roof™: Uses AI-driven 3D modeling to evaluate roof risk factors such as material, shape, pitch, and condition. This tool improves risk selection and helps identify homes needing on-site inspections.
- Z-PROPERTY Location Insights: Assesses property-specific risks for more than 150mn U.S. properties. High-resolution imagery and machine learning detect hazards like overhanging vegetation and debris, improving efficiency and premium accuracy.
- Roof Age Analysis: Analyzes over 20 years of aerial imagery and verified building permits to determine roof age with more than 92% accuracy. This reduces reliance on self-reported data, enabling more precise pricing and better risk management.
David Flitman, CEO of Safepoint Holdings, stated that ZestyAI’s insights set a new standard for accuracy and efficiency. He highlighted the flexibility of its solutions and the ability to evaluate large insurance portfolios quickly.
Attila Toth, CEO of ZestyAI, noted that Safepoint Holdings will gain stronger risk assessment capabilities, reduce costs, and expand coverage in high-risk states such as Florida, Louisiana, Texas, Mississippi, and Alabama.
By integrating our solutions, Safepoint Holdings can make better risk decisions, reduce costs, and expand coverage in states with high climate risk like Florida, Louisiana, Texas, Mississippi, and Alabama. We’re excited to support Safepoint Holdings with the insights they need to serve their policyholders.
Attila Toth, Founder and CEO of ZestyAI
This partnership supports Safepoint Holdings’ growth strategy by providing scalable, data-driven risk analysis. With ZestyAI’s property-specific insights, the company can expand while maintaining cost-effective and accurate coverage.
ZestyAI serves major insurers, including Amica, Aon, Berkshire Hathaway, and Farmers Insurance. Its AI-powered models have received regulatory approval in multiple U.S. states, reinforcing their credibility. The company has also been recognized among America’s fastest-growing businesses.
