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Florida Peninsula Insurance Co. to start using AI for roof quality assessments

Zesty AI teams with Boca Raton-based company
Posted at 4:55 PM, Apr 30, 2024
and last updated 2024-04-30 19:14:51-04

BOCA RATON, Fla. — According to a news release from Zesty AI, the company has signed an agreement with Florida Peninsula Insurance Co., which will be using Zesty's artificial intelligence location insights program to do comprehensive roof quality assessments.

In a news release earlier this week, San Francisco-based Zesty AI announced a new partnership with Boca Raton-based Florida Peninsula Insurance Co.

Florida Peninsula will soon use Zesty AI's location insights program to perform comprehensive roof quality assessments on homes and commercial properties.

The company uses multiple data sources to gain property insights, including building permits, multiple listing service data, tax assessments, imagery from satellites, imagery from low-flying aircraft and more. 

AI and machine learning allow the company to extract and deliver these insights at scale to create highly accurate risk models.

"We think it is really important to gather the best possible data when you're assessing risk of homes, and using the latest technology with aerial visualization is not only a great way to capture the data, it's more efficient than the old-fashioned way of sending an inspector out to your home," Mark Friedlander, with the Insurance Information Institute, told WPTV. "It's safer than sending an inspector out to your home."

Friedlander said this has been a trend with insurance companies nationwide.