Delos Insurance Solutions is a managing general agent that uses satellite imagery, wildfire science, and machine learning to identify and insure homes deemed insurable within wildfire-exposed territories. The company offers policies on behalf of AM Best 'A' rated carriers and was founded in San Francisco in 2017 by aerospace engineers. Delos currently writes $40 billion in total insurance value and reports market-leading loss ratios and better-than-planned growth. Its proprietary technology pinpoints properties with lower risk of loss, allowing access to insurance in areas other carriers have abandoned. The team plans to expand geographically outside California and to develop new products to broaden affordable insurance availability. Recent industry recognition includes MGA/MGU of the Year by Insurance Insider US and a spot on CB Insights' Top 100 Global Fintech Companies for 2024. Delos Insurance Solutions provides technology that uses satellite imagery and artificial intelligence to identify insurable homes in territories other insurers avoid because of wildfire risk. Its platform aggregates and analyzes exposure and concentration data to quantify a home’s actual wildfire risk. The company is enabled by a proprietary geospatial AI algorithm and more than two hundred data layer inputs, including detailed weather, wind, drought, and vegetation overlays. Delos vertically integrates its wildfire science expertise and a full suite of wildfire models to pinpoint lower-risk properties within stressed areas. Led by CEO Kevin Stein and based in San Francisco, the company raised a $7.3M seed extension to support growth. It intends to use the funds to expand across the California homeowners’ insurance market.

Total raised

$16M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2024