Delos to offer more coverage in California

Property insurance MGA Delos Insurance Solutions announced that “further wildfire model confidence” is enabling it to insure 265,000 additional homes in five southern California counties.

The increase is in addition to the 2.5 million homes it can offer coverage to in Los Angeles, Orange, Riverside, San Bernardino and San Diego counties.

Founded in 2016, Delos uses wildfire science and satellite imagery to provide insurance solutions to homeowners in wildfire-stressed areas. The company offers coverage in California in partnership with Homesite and Lloyd’s of London.

“We are committed to providing affordable and accessible insurance for as many Californians and homeowners in the Western US as possible. The success of our model at predicting the extent of all major Californian fires over the past seven years, and our tireless work to continually improve our data and analysis, allows us to insure homes where traditional insurers struggle. As we continue to refine our models, we see the opportunity for further increases in the number of homes we can insure” – Kevin Stein, CEO, Delos.