Aon has partnered with US-based AI company, Zesty.ai, in an alliance that will support underwriting decision making through access to more than 130 billion data points on buildings and their surroundings.

Using satellite and aerial imagery, the data will help enable granular risk analysis and informed pricing without physically setting foot in the area.

Insurers will now be able to evaluate their portfolio risk through Zesty.ai’s wildfire risk model, Z-Fire and also obtain high fidelity property insights for underwriting both catastrophic and attritional risk.

President and US CEO of Aon’s Reinsurance Solutions business, George deMenocal says immediate access to new, useable and meaningful data insights is continuing to advance insurance underwriting. “Instant insights on risk are becoming an increasingly important element for insurers as they modernise their underwriting platforms. This technology evolution, coupled with new partnerships, brings opportunities for Aon to deliver new products that meet clients’ needs today and tomorrow, in a transparent and efficient way.”

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