Property-level climate underwriting for a more resilient insurance system.

The U.S. property insurance market is cracking under the pressure of rising climate-driven catastrophe risk. Most solutions fall into one of three buckets—better data, better distribution, or better underwriting—but only underwriting can truly fix the core problem: accurately pricing property-level risk in a world of more frequent and severe storms, floods, and fires. FutureProof is tackling this hardest intervention point. They are building a new type of insurer from the ground up, powered by proprietary AI models that assess vulnerability at the individual-property level. This allows them to serve regions where traditional insurers are retrenching and sets the foundation for a more resilient climate-era insurance system.

The market timing is extraordinary. FutureProof's pricing model identifies roughly 19% of policies as lower-risk and can offer them meaningfully lower premiums, reclaiming market share that incumbents have abandoned. At the same time, they can more accurately price higher-risk properties, improving both availability and sustainability of coverage. The company is focused on the high-CAT regions of the Southeast and Southwest, where homeowners are urgently seeking alternatives. They have already cleared the industry's biggest hurdle by securing carrier capacity to underwrite in Florida, and their zero-loss performance during the most recent hurricane season has accelerated their path toward becoming a carrier themselves. FutureProof is positioned to become one of the defining insurance companies of the climate era.