ZestyAI, a provider of climate and property risk analytics solutions powered by artificial intelligence, announced an agreement with Coterie Insurance, a partnership-focused managing general agent, to leverage data and technology and provide instant quoting and issuing of small business insurance policies.

Coterie will use ZestyAI’s property risk analytics platform, Z-PROPERTY, to provide risk insights for business insurance underwriting across the U.S.

ZestyAI’s Z-PROPERTY platform uses computer vision and machine learning to extract insights from aerial and satellite imagery, among other data sources, for more than 150 million residential and commercial properties. ZestyAI maintains a database of every property in North America that is constantly updated as changes in property condition, maintenance, and upgrades impact each property’s evolving value and risk.

Coterie Insurance will use Z-PROPERTY’s scoring on factors such as roof condition and complexity, debris, vegetation overhang, and more to make underwriting decisions.

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Blitz Insurance, a specialty insurance carrier, has partnered with Ascend to modernize payment experiences for insurance brokers selling in specialty markets.

With this partnership, Blitz Insurance aims to open new customer segments by offering both direct bill and premium financing into its payments workflow, according to an Ascend press release. With Ascend, Blitz Insurance is now able to provide a direct bill in addition to its existing agency bill workflow, allowing brokers to decide what billing method works best for them.

Ascend automatically attributes incoming payments to policies in real time in an effort to speed up the reconciliation process.

Source: ZestyAI, Ascend