Dr. Gio Roberti reports

AISIX SOLUTIONS INC. ANNOUNCES IT HAS BEEN SELECTED AS WILDFIRE CATASTROPHE MODELING VENDOR BY A MAJOR CANADIAN INSURANCE COMPANY

Aisix Solutions Inc. has been selected as the wildfire catastrophe modelling vendor for a three-year engagement by a major Canadian insurance company following a competitive evaluation process.

After careful review of multiple proposals during an invite-only request for proposal (RFP) process, the insurer selected Aisix based on its strong understanding of project requirements and its ability to deliver a technically aligned solution tailored to the company's wildfire risk objectives.

The engagement will see Aisix deploy its advanced wildfire catastrophe modelling capabilities based on its wildfire data to support underwriting, portfolio risk management and strategic decision-making across the insurer's operations. The contract also includes the development of new features to quantify wildfire financial losses and reinsurance metrics aligned with the client needs.

"We are honoured to be selected as wildfire catastrophe modelling vendor," said Dr. Gio Roberti, Aisix's chief executive officer. "Our team demonstrated not only the strength of our modeling framework, but also how our solution aligns with the insurer's operational, security and architectural requirements. We look forward to delivering a successful implementation and long-term value."

The insurer has initiated legal review of the master services agreement (MSA) and statement of work (SOW), with due diligence and security documentation to follow as part of the final contracting process. The contract terms will be disclosed once the contract is signed.

About Aisix Solutions Inc.

Aisix is a wildfire risk and data analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of data analytics and risk assessment, Aisix is on a mission to provide auditable, explainable and defensible assessments to help businesses and communities protect their property, assets and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, Aisix aims to foster resilience and sustainability in the face of climate change.

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