Green Shield Risk Solutions Partners With Technosylva to Revolutionize Wildfire Risk Analysis for the Insurance Industry
By blending Technosylva’s FireSim™ real-time wildfire spread modeling technology with Green Shield’s deep expertise and advanced wildfire analytics, Property Guardian can now simulate 100 wildfires within a five-mile radius of any property. Leveraging 20 years of Technosylva proprietary high resolution weather data and fuel models, Property Guardian predicts real-time wildfire behavior — speed, direction, flame length, and probability — based on current conditions, not just past events. Unlike traditional methods that rely on proximity to fire stations, this approach uniquely evaluates terrain difficulty and suppression challenges. Together, Technosylva and Property Guardian offer a comprehensive, CONUS-wide view of wildfire risk, enabling virtual mitigation inspections and precise risk reduction at the push of a button.
"This partnership with Technosylva is a game-changer for the insurance industry," said
"Through our recent acquisition of Katrisk and our partnership with Green Shield, we are leveraging advanced wildfire modeling and risk assessments to bridge a gap in the insurance industry,” said
Green Shield is taking its wildfire analytics beyond its own operations, offering this cutting-edge technology to other insurance carriers. By combining in-house expertise with industry-leading solutions, the company is empowering insurers to better assess and mitigate wildfire risks. In partnership with Technosylva’s advanced wildfire analytics, Green Shield will deliver these powerful insights beginning
For more information on the Property Guardian suite of wildfire solutions and the partnership with Technosylva, visit PropertyGuardian.com.
About
The Property Guardian suite of wildfire solutions leverages more than 200 wildfire data points and partnerships with leading data and modeling firms to provide real-time, science-backed insights into properties at the structure, parcel, community and regional levels. From seasoned underwriters and data scientists to certified wildfire mitigation specialists, arborists, meteorologists, and veteran "hotshot" firefighters, Green Shield delivers unmatched expertise to help its clients protect what matters most. Learn more at PropertyGuardian.com.
About Technosylva
Technosylva is a global leader in catastrophic event risk management and simulation modeling software. Technosylva’s market-leading solutions, enhanced by AI and machine learning capabilities, provide real-time and predictive insights into developing extreme weather risks to support electric utility, insurance and government agency customers. Founded in 1997, Technosylva has offices in
View source version on businesswire.com: https://www.businesswire.com/news/home/20241211582678/en/
Head of
773-230-1304
[email protected]
Technosylva
Senior Digital Marketing Manager
[email protected]
[email protected]
Source:
Morgan Stanley to pay $15M to settle SEC charges Morgan Stanley Smith Barney to pay $15M penalty to settle SEC charges
Berkley One Classics Celebrates 50 Years
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News