Lemonade partners with ZestyAI

Risk platform ZestyAI announced that Lemonade has adopted the ZestyAI platform to further optimize underwriting for key catastrophe perils in the US.

ZestyAI’s predictive analytics platform leverages “advanced AI models” to analyze the interplay of climatology, geography, and the unique characteristics of each structure and roof, enabling “precise and transparent property risk assessments.” Additionally, ZestyAI’s proactive regulatory approach, with approvals in key states, simplifies compliance and enables Lemonade to implement these models faster.

“Since our launch, we’ve always been committed to using technology to create smarter, more accessible insurance products. In leveraging ZestyAI’s advanced risk models, we’re able to further support homeowners in securing comprehensive coverage for their most valuable assets, while also continuing to strengthen our underwriting capabilities as we continue to grow.” – Ori Hanani, Senior Vice President of Insurance at Lemonade.

“Lemonade is a natural partner for ZestyAI. Their innovative approach to insurance and customer-centricity aligns perfectly with our commitment to provide actionable insights that drive smarter risk decisions.” – Attila Toth, Founder and CEO of ZestyAI.