As climate change continues to affect our planet, it’s become increasingly important for individuals and businesses alike to be proactive in mitigating its effects. One way to do this is through insurance products that encourage investment in climate adaptation. That’s where FutureProof Technologies comes in – a San Diego-based insurtech that uses AI to power a new generation of climate-smart insurance underwriting and pricing.
Revolutionizing Insurance with AI-Driven Projections
At the heart of FutureProof’s offering is their AI-driven projections of asset-level losses from hurricane wind and flood. Using advanced machine learning algorithms, the company can accurately predict potential losses and provide insurance products that are tailored to each individual property. This not only helps close the coverage gap but also encourages investment in climate adaptation, reducing the overall impact of climate change.
Instantly-Bindable, Price-Differentiated Quotes
In addition to their cutting-edge underwriting and pricing algorithms, FutureProof also provides an API that delivers real-time, algorithmic underwriting and pricing. This enables wholesale brokers to receive instantly-bindable, price-differentiated quotes, providing an efficient and streamlined experience for their customers. The platform’s ability to quickly generate accurate quotes means that brokers can make more informed decisions, leading to better outcomes for all parties involved.
A Climate-Smart Future
FutureProof’s mission is to revolutionize the insurance industry and help create a more sustainable future. Their climate-smart insurance products are designed to incentivize investment in climate adaptation, ultimately reducing the overall impact of climate change. By using advanced AI-driven underwriting and pricing, FutureProof is making it easier and more efficient for brokers to provide their customers with the insurance products they need to protect their assets and plan for a sustainable future.
FutureProof Technologies is a San Diego-based insurtech that is leading the way in climate-smart insurance underwriting and pricing. By using advanced machine learning algorithms, the company can accurately predict potential losses and provide insurance products that are tailored to each individual property. Their API delivers real-time, algorithmic underwriting and pricing, providing instantly-bindable, price-differentiated quotes to wholesale brokers. With a mission to incentivize investment in climate adaptation and create a more sustainable future, FutureProof is poised to revolutionize the insurance industry.