Contact: Elizabeth Pearce
Vice President, Business Development
July 7, 2023
For Immediate Release
Sacramento, CA – July 7, 2023 – Athena Intelligence, the trailblazing prefire Insurtech company, announces a major milestone in its artificial intelligence wildfire risk assessment tool (Voice of the Acre®, version 1.2). Responding to the demand from a prospective client in the property insurance industry, the company has expanded its coverage to include two additional western states – Montana and Utah. This strategic move elevates the total number of states with fully fingerprinted wildfire risk data to six, showcasing Athena Intelligence's commitment to comprehensive risk analysis.
At the request of a discerning prospective client, Athena Intelligence has expanded its reach to include Montana and Utah. This expansion ensures that every address in these states has been fully fingerprinted for wildfire risk assessment. The inclusion of Montana and Utah enhances the platform's geographical coverage, providing property insurers with invaluable insights into wildfire risk in these regions.
Joseph Chaghouri, Lead Data Scientist at Athena Intelligence, emphasized the recent enhancements made to The Voice of the Acre® algorithms. He stated, "The algorithms have maintained traceability and computability, while being enhanced to significantly improve conditional and geospatial accuracy. We can now generate 6 years of wildfire risk history and a one-year forward probabilistic risk projection for a new state in under 72 hours. This represents a substantial leap forward in efficiency and precision."
Version 1.2 Introduces Rapid Turnaround for New State Profiling
Voice of the Acre® version 1.2, underscores Athena Intelligence's ongoing commitment to advancing wildfire risk assessment for property insurers. The platform's ability to swiftly incorporate new states into its system demonstrates a scalable and adaptable solution for insurers and reinsurers seeking comprehensive and up-to-date risk information. This empowers insurers to make well-informed decisions, enhancing their understanding of regional risk patterns and enabling more accurate underwriting processes.
The accelerated timeframe for adding new states Voice of the Acre®, now under 72 hours, signifies Athena Intelligence's commitment to providing timely and relevant information to its clients. This rapid turnaround enables insurers to make proactive decisions to add insurance products in new states.
As Athena Intelligence continues to enhance its capabilities and expand its coverage, the company remains dedicated to redefining industry standards in wildfire risk assessment. The inclusion of Montana and Utah is a testament to the company's responsiveness to client needs and its agility in adapting to evolving challenges in the property insurance landscape.
About Athena Intelligence
Athena Intelligence, headquartered in Sacramento, is a data vendor with a proprietary, geospatial, conditional profiling tool that integrates vast amounts of disaggregated wildfire and environmental data. This tool generates spatial intelligence, providing a digital fingerprint of wildfire risk. The company's innovative solutions empower industries such as power, insurance, and financial services to make informed decisions in risk assessment, portfolio optimization, and loss cost probabilities. Learn more at https://AthenaIntel.io.