Cyrus Farivar and Alex Knapp of Forbes write about a tech platform that is looking to prevent damage from extreme weather events.
- Zesty.ai gathers satellite imagery, building permit data, and local weather trends to predict future wildfire risk.
- Insurance companies then use this information to access premiums based on this risk.
- Having rates accurately reflect risk is crucial for adapting to climate change and limiting the toll from extreme weather events.
“His company has been gathering data and using it to train machine learning models to better assess risks caused by climate change, like wildfires, on behalf of its clients, mostly insurance companies.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.