ICEYE vs Zesty.ai — Risk imagery for US insurance, 2026.
ICEYE (7 named carriers) and Zesty.ai (16 named carriers) both sit at the risk imagery layer. Zero customer overlap in the public roster — they are addressing different segments of the same stack layer.
Last verified 2026-04-22 · methodology
TL;DR
- ICEYE has 7 publicly-named carrier deployments; Zesty.ai has 16. Both at the risk imagery layer.
- Zero customer overlap in the public roster. ICEYE and Zesty.ai are addressing different carriers within the same stack layer.
- Both classified ai-native on Phidea's generation axis.
- Both independent ownership.
- Analyst coverage: 1 firm cover both, 2 only ICEYE, 2 only Zesty.ai.
Customer overlap
| Bucket | Count |
|---|---|
| Named on ICEYE only | 7 |
| Named on Zesty.ai only | 16 |
| Named on both | 0 |
| of which US-named on at least one side | 0 |
Only on ICEYE
- Swiss Re (global)
- Aon (global)
- Guy Carpenter (US)
- Tokio Marine Holdings (JP)
- Descartes Underwriting (FR)
- Global Parametrics (UK)
- Insurity (P&C carriers via partnership) (US)
Only on Zesty.ai
- Farmers Insurance (US)
- California FAIR Plan Association (US)
- The Cincinnati Insurance Company (US)
- Amica Mutual Insurance (US)
- MetLife (US)
- CSAA Insurance Group (US)
- Kin Insurance (US)
- NEXT Insurance (US)
- Marsh McLennan Agency (Private Client Services) (US)
- Kingstone Insurance (US)
- American European Insurance Group (US)
- Harford Mutual Insurance Group (US)
- …and 4 more on the vendor card.
Counts derived from 23sourced carrier-deployment entries across both vendor cards. Aggregate-only statements (e.g. “16 of the top 20”) excluded.
Stack position
- Generation
- ai-native
- Stack layer
- Risk imagery
- Founded
- 2014
- Lines
- home, commercial, specialty, reinsurance
- Replaces
- optical satellite post event imagery, manual catastrophe field adjusting
- Generation
- ai-native
- Stack layer
- Risk imagery
- Founded
- 2015
- Lines
- home, commercial
- Replaces
- regional wildfire risk zones, manual catastrophe underwriting
Ownership and corporate context
Carrier-segment specialization
Analyst coverage differential
Both covered by
- Reinsurance News · ICEYE (2024: ICEYE and Aon expand flood and wildfire data partnership to enhance event response) · Zesty.ai (2023: Aon and Zesty.ai gain approval for AI wildfire model in California)
Only ICEYE cited by
- Artemis (2024: ICEYE launches hurricane solution that shows parametric potential)
- TechCrunch (2020: Satellite radar startup ICEYE raises $87 million to continue to grow its operational constellation)
Only Zesty.ai cited by
- Insurance Journal (2026: ZestyAI Provides AI-Driven Risk Analytics for Marsh McLennan Agency)
- Insurance Innovation Reporter (2022: Zesty.ai Raises $33M in Series B Round)
Recent news (last 12 months)
No news items in the last 12 months for either tool.
Sourced limitations
- ICEYE is a data provider, not a rating engine, policy-admin core, or claims workstation. Carriers buy Flood, Wildfire, or Hurricane Insights as a feed and plug the output into their own pricing, reserving, or FNOL tooling. Realising value requires parallel investment in the systems that consume the feed.Source: ICEYE
- SAR data is physically constrained by revisit cadence and image-processing time: ICEYE's publicly stated service windows deliver initial hazard and damage data within 24 hours of a flood or hurricane event, with a 5-day window for final NYC pilot trigger analysis. For rapidly evolving events (flash floods, fast-moving wildfire fronts) the first-pass footprint may under-report peak extent and require overlays with on-the-ground sensors, as used in the NYC pilot.Source: Artemis
- No Gartner, Celent, Forrester, or Novarica leader-quadrant placement surfaces in public indexing for 2023-2025. Coverage is concentrated in reinsurance and insurtech trade press (Artemis, Reinsurance News, Insurance Business America) and general tech press (TechCrunch, Via Satellite, SpaceNews), plus ICEYE's own carrier press releases.Source: Artemis
- Zesty.ai is explicitly a catastrophe-peril specialist (wildfire, hail, wind, severe convective storm). Unlike Cape Analytics or Betterview/Nearmap, it is not positioned as a general-purpose structural property-attributes vendor — carriers that need broad roof-condition, pool, and pre-inspection feeds alongside catastrophe scoring typically procure Zesty in parallel with one of those imagery vendors rather than as a replacement.Source: ZestyAI
- Regulatory exposure is concentrated in California and a small number of other states. Z-FIRE's rating-plan adoption depended on the California Department of Insurance's first-of-its-kind AI model approval in June 2021, and subsequent growth has followed state-by-state insurance-department filings — a slower path than unregulated underwriting-only deployments.Source: ZestyAI
Limitations published on Phidea are sourced to the underlying citation and reflect what is publicly named — not an exhaustive list. Consult the vendor card for the full record.
Frequently asked
- Do any carriers run both ICEYE and Zesty.ai?
- Not in Phidea's public roster. Across 23 sourced carrier-deployment entries on both vendor cards, zero carriers appear on both. The two tools are addressing different carriers within the same stack layer.
- Who owns ICEYE and Zesty.ai?
- ICEYE is independently held. Zesty.ai is independently held.
- Which has more named US carriers?
- Zesty.ai has the larger publicly-named US roster: ICEYE 2, Zesty.ai 16. Public-roster size is a coverage signal, not a quality signal — vendors with stronger NDAs may have larger actual US footprints than the public count shows.
- Where are these tools positioned in the insurance stack?
- Both sit at the risk imagery layer. ICEYE replaces optical satellite post event imagery, manual catastrophe field adjusting; Zesty.ai replaces regional wildfire risk zones, manual catastrophe underwriting.