In this episode, your host Carol Schultz speaks with Kevin Stein, co-founder & CEO of Delos Insurance. Delos is an Insurtech startup focused on providing insurance for low-risk homes in wildfire areas. This is a critical and complex segment of the insurance market. As wildfires become more destructive and are damaging homes in geographies insurance companies were not expecting -referred to as unknown exposure- carriers are having greater challenges accurately underwriting in these areas because of inaccurate risk models. Because of this portfolio exposure insurance companies have started pulling out of the market leaving little or no way for a homeowner in any wildfire region to get fire insurance. When this occurs the homeowner's mortgage company considers them in default leading to a terrible situation for the homeowner that is totally out of their control.

Check them out at: https://getdelos.com/

You can find more information and all episodes at verticalelevation.com/podcast and you can find Carol on Twitter @carolbschultz.