Delos provides digital property insurance using proprietary wildfire risk models that incorporate NASA Earth-observation data and advanced AI to accurately assess risks in high catastrophe areas. The company addresses the challenge of skyrocketing insurance premiums and policy nonrenewals by offering reliable coverage options for homeowners in regions previously deemed too risky by traditional insurers.
Funding
$29.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
HAFounders
Product
Problem
Traditional insurance risk models often fail to accurately predict wildfire risk, leading to unexpected losses for insurers. This inaccuracy results in skyrocketing premiums and policy non-renewals, leaving homeowners in high-risk areas with limited coverage options.
Solution
Delos provides digital property insurance using proprietary wildfire risk models that leverage NASA Earth-observation data and advanced AI to more accurately assess risks in high catastrophe areas. By incorporating hundreds of parameters and the most current climate science, Delos offers reliable coverage options for homeowners in regions previously deemed too risky by traditional insurers. The company's dynamic data analysis also enables them to proactively send homeowners personalized advice for home hardening as their risk changes, promoting prevention and risk mitigation.
Target Audience
The primary target audience is homeowners in high-risk wildfire areas, particularly in California, who are facing policy non-renewals or increased premiums from traditional insurers.
Features
- Proprietary wildfire risk models incorporating NASA Earth-observation imagery and climate science data
- AI-driven analysis of hundreds of parameters to calculate risks
- Accurate prediction of fire risk in locations that have burned, unlike traditional models
- Personalized advice for home hardening based on dynamic data analysis