Zesty.ai's Z-FIRE Offers Significant Predictive Power to The California FAIR Plan to Assess Wildfire Risk
Zesty.ai today announced new findings on the efficacy of the company's Z-FIRE
model, which was used as the focus of
a recent research paper by Sheri Scott, a principal with Milliman, a leading global actuarial consulting firm. The new white paper, the second in their research series 'Understanding Wildfire Risk in California', studied the efficacy of Zesty.ai's Z-FIRE model for assessing risk to homes covered by the California Fair Access to Insurance Requirements (FAIR) Plan, which as the state's insurer of last resort insures the properties in California which are most vulnerable to wildfire. This ongoing research was done independently and was not commissioned by Zesty.ai or the FAIR Plan. The intention of the research was not to endorse any one model or product.