Insurtechs ‘ Approach to Wildfire Insurance: Faura
Valkyrie Holmes, CEO of Faura, believes that a deep understanding of the structural qualities of buildings is crucial to insuring properties in high-risk areas. Her company specializes in helping insurance companies understand property survivability.
Faura goes beyond traditional climate modeling and taps into independent structure data to pinpoint the likelihood that a property will survive disasters. The company accounts for a property’s materials and resilience characteristics (such as vents designed to keep embers out of a building) and weighs that data against how those qualities have fared in past disasters.
Read more: https://www.insurancejournal.com/news/national/2025/01/23/809217.htm