The partnership enables FMIWV to leverage ZestyAI’s property-level data and artificial intelligence technology to improve risk assessment, streamline operations, and reduce premium leakage.
Through this collaboration, FMIWV aims to identify high-risk properties early, prioritize mitigation efforts to prevent losses, and enhance pricing precision using objective data. The platform is also expected to lower inspection costs and turnaround times by minimizing the need for on-site assessments, while enabling straight-through processing for low-risk properties to improve efficiency and speed to bind. These improvements are designed to ensure that pricing more closely reflects actual exposure, ultimately strengthening FMIWV’s competitive edge.
“After evaluating several options in recent years, we chose ZestyAI based on their strong coverage and ease of implementation,” said Dan Otto, Senior Vice President and CFO at FMIWV. “Getting started using the technology was easy. We’re particularly focused on using their property insights to provide additional underwriting information for new business and renewals.”
Attila Toth, Founder and CEO of ZestyAI, commended the insurer’s forward-looking strategy. “FMIWV is showing how regional carriers can lead with data-driven underwriting that improves operations and elevates the customer experience,” he said. “By grounding decisions in reliable, property-level data, they’re improving efficiency, reducing risk, and raising the bar for underwriting and rating precision.”
The announcement underscores a growing trend among regional insurers embracing AI-powered solutions to drive operational improvements and deliver more precise, data-driven decisions.
