Donegal partners with ZestyAI
ZestyAI, a provider of climate and property risk analytics solutions, announced its partnership with Donegal Insurance Group on a project that utilizes its new Roof Age solution for Donegal’s existing Personal Lines book of business.
Through the project, Donegal, a Pennsylvania-based regional insurance carrier, leveraged ZestyAI’s Roof Age solution to populate Homeowner policy renewals where roof age was absent.
ZestyAI’s Roof Age solution pinpoints the age of a roof using data from both building permits and historical imagery going back 20-plus years. This approach allows the company to determine the validated age of each roof with over 90% accuracy and nearly 100% coverage across the contiguous US.
“Accurate roof age information is critical for properly assessing and pricing risk. ZestyAI’s Roof Age solution was a clear choice for us due to its solid coverage length of historical imagery. By leveraging both building permit data and aerial imagery, we gain added confidence in our underwriting and rating decisions.” – Hank Narvaez, Vice President of Personal Lines Product Development at Donegal.
“Blind spots in assessing property risk can be very costly for insurers. Roof claims stand as the primary driver of insurance losses, yet many carriers continue to rely on unvalidated roof age information. We are excited to partner with Donegal to enhance their risk assessment with the most accurate roof age solution on the market.” – Attila Toth, Founder and CEO of ZestyAI.