Share this article
Share this article
SAN FRANCISCO, April 27, 2021 /PRNewswire/ Delos Insurance Solutions, using aerospace expertise to solve insurance availability and affordability issues, today announced an agreement with A+-rated reinsurance companies that will result in a five-fold increase in insurance capacity for California homeowners in areas prone to wildfires. The new reinsurance capacity is provided by Arch Reinsurance Ltd. (Bermuda) and the Lloyd s of London syndicate, Arch Syndicate 1955 (formerly Barbican Syndicate 1955). Both companies are part of the Arch Capital Group, Ltd., which is rated A+ by A.M. Best.
Delos, which was founded by aerospace engineers, uses satellite imagery and proprietary modeling technology to quantify a home s actual wildfire exposure – to address a frequent miscategorization between exposed and stressed. The Delos model identifies homes in stressed areas of California that cannot find insurance protection but are not highly
Delos Announces New Capacity for California Wildfire Areas insurancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancejournal.com Daily Mail and Mail on Sunday newspapers.