Cytora And AISIX Solutions Inc. Partner To Strengthen Insurers' Capabilities In Managing Wildfire Risk
AISIX Solutions Inc. (AISXF) has partnered with Cytora to integrate its wildfire risk assessment capabilities into Cytora's digital risk processing platform as of April 30, 2025. The collaboration incorporates AISIX's Wildfire 3.0 model, which provides real-time wildfire risk data through API integration, into Cytora's insurance underwriting platform.
This strategic partnership aims to enhance commercial insurers' ability to evaluate wildfire risks more effectively, particularly as climate change concerns grow and new regulations require insurance companies to disclose their climate risk exposure. The integration aligns with regulatory frameworks like TCFD and ISSB, enabling underwriters to assess risks for both individual submissions and entire portfolios with improved speed and accuracy.
AISIX Solutions Inc. (AISXF) ha stretto una collaborazione con Cytora per integrare le sue capacità di valutazione del rischio incendi boschivi nella piattaforma digitale di gestione del rischio di Cytora a partire dal 30 aprile 2025. La partnership include il modello Wildfire 3.0 di AISIX, che fornisce dati in tempo reale sul rischio incendi tramite integrazione API, all'interno della piattaforma di sottoscrizione assicurativa di Cytora.
Questa collaborazione strategica mira a migliorare la capacità degli assicuratori commerciali di valutare in modo più efficace i rischi legati agli incendi boschivi, soprattutto in un contesto di crescenti preoccupazioni climatiche e nuove normative che impongono alle compagnie assicurative di rendere trasparente la loro esposizione ai rischi climatici. L'integrazione è in linea con i quadri regolatori come TCFD e ISSB, permettendo agli underwriter di valutare i rischi sia per singole richieste che per interi portafogli con maggiore rapidità e precisione.
AISIX Solutions Inc. (AISXF) ha establecido una colaboración con Cytora para integrar sus capacidades de evaluación de riesgo de incendios forestales en la plataforma digital de procesamiento de riesgos de Cytora a partir del 30 de abril de 2025. La colaboración incorpora el modelo Wildfire 3.0 de AISIX, que ofrece datos en tiempo real sobre riesgos de incendios a través de integración API, dentro de la plataforma de suscripción de seguros de Cytora.
Esta alianza estratégica tiene como objetivo mejorar la capacidad de las aseguradoras comerciales para evaluar los riesgos de incendios forestales de manera más efectiva, especialmente ante las crecientes preocupaciones por el cambio climático y las nuevas regulaciones que exigen a las compañías de seguros revelar su exposición al riesgo climático. La integración se alinea con marcos regulatorios como TCFD e ISSB, permitiendo a los suscriptores evaluar riesgos tanto para solicitudes individuales como para carteras completas con mayor rapidez y precisión.
AISIX Solutions Inc. (AISXF)는 2025년 4월 30일부터 Cytora의 디지털 리스크 처리 플랫폼에 산불 위험 평가 기능을 통합하기 위해 Cytora와 협력했습니다. 이번 협력에는 AISIX의 Wildfire 3.0 모델이 포함되어 있으며, API 통합을 통해 실시간 산불 위험 데이터를 Cytora의 보험 인수 플랫폼에 제공합니다.
이 전략적 파트너십은 기후 변화에 대한 우려가 커지고 보험사가 기후 리스크 노출을 공개해야 하는 새로운 규제에 대응함에 따라 상업 보험사들이 산불 위험을 보다 효과적으로 평가할 수 있도록 지원하는 것을 목표로 합니다. 이 통합은 TCFD 및 ISSB와 같은 규제 프레임워크와 일치하여 인수 담당자가 개별 제출물뿐만 아니라 전체 포트폴리오에 대해 더 빠르고 정확하게 위험을 평가할 수 있도록 합니다.
AISIX Solutions Inc. (AISXF) s'est associé à Cytora pour intégrer ses capacités d'évaluation des risques d'incendie de forêt dans la plateforme numérique de gestion des risques de Cytora à partir du 30 avril 2025. Cette collaboration intègre le modèle Wildfire 3.0 d'AISIX, qui fournit des données en temps réel sur les risques d'incendie via une intégration API, dans la plateforme de souscription d'assurance de Cytora.
Ce partenariat stratégique vise à améliorer la capacité des assureurs commerciaux à évaluer plus efficacement les risques d'incendie de forêt, notamment face à l'augmentation des préoccupations liées au changement climatique et aux nouvelles réglementations exigeant des compagnies d'assurance qu'elles divulguent leur exposition aux risques climatiques. Cette intégration s'aligne sur des cadres réglementaires tels que le TCFD et l'ISSB, permettant aux souscripteurs d'évaluer les risques aussi bien pour des dossiers individuels que pour des portefeuilles entiers avec plus de rapidité et de précision.
AISIX Solutions Inc. (AISXF) hat sich mit Cytora zusammengeschlossen, um ab dem 30. April 2025 seine Fähigkeiten zur Bewertung von Waldbrandrisiken in Cytoras digitale Risikobearbeitungsplattform zu integrieren. Die Zusammenarbeit umfasst das Wildfire 3.0 Modell von AISIX, das über eine API-Integration Echtzeitdaten zum Waldbrandrisiko in Cytoras Versicherungsunterzeichnungsplattform bereitstellt.
Diese strategische Partnerschaft zielt darauf ab, die Fähigkeit von Gewerbeversicherern zu verbessern, Waldbrandrisiken effektiver zu bewerten, insbesondere angesichts wachsender Bedenken hinsichtlich des Klimawandels und neuer Vorschriften, die Versicherungsunternehmen zur Offenlegung ihrer Klimarisiken verpflichten. Die Integration entspricht regulatorischen Rahmenwerken wie TCFD und ISSB und ermöglicht Underwritern, Risiken sowohl für einzelne Anträge als auch für gesamte Portfolios schneller und präziser zu bewerten.
- Integration with Cytora expands AISIX's market reach in the insurance sector
- Partnership with major platform enhances product visibility and adoption
- Real-time API integration provides competitive advantage in risk assessment
- Alignment with regulatory frameworks (TCFD and ISSB) positions the company for compliance-driven demand
- None.
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2025) - AISIX Solutions Inc., (TSXV: AISX) (OTC Pink: AISXF) (FSE: QT7) ("AISIX" or "the Company"), a climate risk assessment and analytics solutions provider, and Cytora, the digital risk processing platform have partnered to incorporate AISIX's wildfire data into the Cytora platform as of April 30, 2025.
The collaboration brings AISIX's wildfire intelligence into the Cytora platform, enabling commercial insurers to access timely data on wildfire risks, at a time when the threat of climate change is a key concern for businesses and new regulations mandate insurance players and their clients to disclose their exposure to climate risk.
AISIX provides wildfire data through its model, Wildfire 3.0. This model offers wildfire risk information based on geographic inputs and historical fire activity. The data is delivered via API, enabling real-time access and integration into underwriting systems, and aligns with regulatory climate disclosure frameworks such as TCFD and ISSB. This integration will equip underwriters with insights to evaluate risk across both individual submissions and entire portfolios, improving speed, accuracy and transparency in underwriting decisions.
The collaboration with AISIX's the latest integration partnership Cytora has agreed as the insurtech seeks to build one of the world's most comprehensive data ecosystems for insurers. It also follows a period of significant growth for Cytora including agreeing to a major collaboration with Chubb, and the launch of the latest version of its platform earlier this month, which leverages agentic AI to bring a new level of performance and explainability to risk assessment and underwriting processes.
Juan de Castro, COO at Cytora, said: "Climate risk factors are increasingly becoming critical components in insurance underwriting. Through our partnership with AISIX, we're making it easier for insurers to embed the latest wildfire insights directly into their workflows, empowering smarter and faster decisions with access to the most advanced data and insights available."
Mihalis Belantis, CEO of AISIX Solutions, said: "This partnership with Cytora will give insurers the clarity and foresight needed to make informed, strategic, and sustainable underwriting decisions. As wildfire events increase in frequency and intensity, the ability to quickly assess risk at the asset level is vital. We're delighted to be working together in helping insurers build resilience in an increasingly complex risk environment."
For more information about AISIX Solutions Inc. and its climate risk solutions, please visit www.aisix.ca or follow the Company on X (formerly Twitter) at @AISIXSolutions or on LinkedIn at linkedin.com/company/aisixsolutionsinc/.
About Cytora
Cytora is an AI-powered platform that enables commercial insurers to process risks with greater efficiency and accuracy. Cytora digitises every incoming risk, augments it with external data sources, evaluates it against multiple rules, including appetite and priority rules, and routes it to downstream systems for automated or manual underwriting
About AISIX Solutions Inc.
AISIX Solutions Inc., is a climate risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of artificial intelligence, data analytics, and risk assessment, AISIX Solutions Inc. is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, AISIX Solutions Inc. aims to foster resilience and sustainability in the face of climate change.
For further information:
Mihalis Belantis, Chief Executive Officer
+1 (604) 620-1051
investors@aisix.ca
Forward Looking Statements
Certain information in this news release constitutes forward-looking statements and forward-looking information (collectively, the "forward-looking statements") within the meaning of Canadian securities laws, and is subject to numerous risks, uncertainties, and assumptions, many of which are beyond the Company's control. This forward-looking information includes, among other things, information with respect to the Company's beliefs, plans, expectations, anticipations, estimates and intentions. The words "may", "could", "should", "would", "suspect", "outlook", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target" and similar words and expressions are used to identify forward-looking information, including the Company's expected product offerings, the functionalities of the AI Climate Risk Consumer Interface and the Company's expected growth opportunities. The forward-looking information in this news release describes the Company's expectations as of the date of this news release.
The results or events anticipated or predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from such forward-looking information include, among others, the Company's ability to engage and retain qualified key personnel, employees and affiliates, the Company's ability to obtain capital and credit on reasonable terms, the Company's ability to compete and the Company's ability protect its intellectual property rights.
The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed a certain progression, which may not be realized. It has also been assumed that the material factors referred to in the previous paragraph will not cause such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
The forward-looking statements contained in this news release represent the expectations of the Company as of the date of this news release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time.
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media@aisix.ca
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FAQ
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