Green Shield Risk Solutions Partners with Technosylva to Revolutionize Wildfire Risk Analysis for the Insurance Industry
Green Shield Risk Solutions, an insurance industry managing general agent and catastrophe mitigation specialist, announced a strategic partnership with Technosylva, marking a significant milestone as the first insurance company to utilize Technosylva’s authoritative wildfire propagation modeling within its Property Guardian suite of wildfire solutions.
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.
“This partnership with Technosylva is a game-changer for the insurance industry,” said Pat Blandford, Founder and CEO of Green Shield Risk Solutions. “No other insurance company is leveraging wildfire data like Green Shield. By combining Technosylva’s dynamic wildfire modeling with Property Guardian’s comprehensive suite of solutions, we’re delivering unmatched risk analysis to our clients — allowing them to make more informed underwriting decisions, achieve stronger results, protect their portfolios, and enhance their loss prevention strategies..”
“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 Bryan Spear, CEO of Technosylva. “For nearly three decades, these tools have been trusted by leading electric utilities and fire agencies around the world. We are excited for this partnership and the opportunity to solve this pressing problem for both homeowners and insurance companies.”
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.
Learn more in Green Shield Risk’s December 11, 2024, press release.
