Overview
Kettle is a deep learning-powered reinsurance company that uses artificial intelligence to build smarter insurance products protecting property owners from catastrophic climate events, particularly wildfires. Founded in 2020 by Andrew Engler and Nathaniel Manning, the company combines insurance industry expertise with humanitarian data science experience.
Kettle's proprietary AI models analyze over 130 terabytes of satellite, weather, real estate, and utility data to assess wildfire risk. The company uses three interconnected AI models—ignition, spread, and building vulnerability—to simulate millions of wildfire scenarios and extract 70+ risk indicators. This approach achieved 97.23% accuracy in predicting burned California properties over a 4-year period.
The company provides coverage for property owners who have been dropped by traditional insurers or face excessive rate increases due to wildfire exposure. Kettle is headquartered in Bermuda with offices in San Francisco and has raised nearly $30 million in funding from investors including Acrew Capital, Homebrew, and True Ventures.
Products & Services
Fire in a Parcel
Commercial property insurance for climate-affected properties.
Key Features
- Wildfire coverage
- Commercial property protection
- Fair AI-based pricing
- Risk mitigation recommendations
Target Users: Property owners dropped by traditional insurers
Distribution: Direct, Wholesale
Parametric Wildfire Reinsurance
Reinsurance protection for carriers exposed to wildfire risk.
Key Features
- Parametric triggers
- AI-powered risk assessment
- Loss ratio optimization
Target Users: Primary insurers and reinsurers
Distribution: Wholesale
Commercial E&S Property Insurance
Excess and surplus lines property coverage for high-risk properties.
Key Features
- Coverage for properties in wildfire zones
- Competitive pricing based on AI risk models
- Risk mitigation guidance
Target Users: HOAs, resorts, vineyards, offices, campuses, high-value homes
Distribution: Wholesale