December 11, 2024
Green Shield Risk Solutions is proud to announce a strategic partnership with Technosylva, a leading provider of catastrophic event simulation modeling, risk analysis, and operational response solutions. Technosylva supports the daily efforts of electric utilities and government agencies across the globe. This groundbreaking collaboration marks a significant milestone, as Green Shield becomes the first insurance company to utilize Technosylva’s authoritative wildfire propagation modeling within its Property Guardian suite of wildfire solutions.
By blending Technosylva’s FireSim™ real-time wildfire spread modeling technology with Green Shield’s deep expertise and advanced wildfire analytics, Property Guardian can now simulate 100 wildfires within a five-mile radius of any property. Leveraging 20 years of Technosylva proprietary high resolution weather data and fuel models, Property Guardian predicts real-time wildfire behavior — speed, direction, flame length, and probability — based on current conditions, not just past events. Unlike traditional methods that rely on proximity to fire stations, this approach uniquely evaluates terrain difficulty and suppression challenges. Together, Technosylva and Property Guardian offer a comprehensive, CONUS-wide view of wildfire risk, enabling virtual mitigation inspections and precise risk reduction at the push of a button.
“This partnership with Technosylva is a game-changer for the insurance industry,” said Pat Blandford, Founder and CEO of Green Shield Risk Solutions. “No other insurance company is leveraging wildfire data like Green Shield. By combining Technosylva’s dynamic wildfire modeling with Property Guardian’s comprehensive suite of solutions, we’re delivering unmatched risk analysis to our clients — allowing them to make more informed underwriting decisions, achieve stronger results, protect their portfolios, and enhance their loss prevention strategies.”
“Through our recent acquisition of Katrisk and our partnership with Green Shield, we are leveraging advanced wildfire modeling and risk assessments to bridge a gap in the insurance industry,” said Bryan Spear, CEO of Technosylva. “For nearly three decades, these tools have been trusted by leading electric utilities and fire agencies around the world. We are excited for this partnership and the opportunity to solve this pressing problem for both homeowners and insurance companies.”
Green Shield is taking its wildfire analytics beyond its own operations, offering this cutting-edge technology to other insurance carriers. By combining in-house expertise with industry-leading solutions, the company is empowering insurers to better assess and mitigate wildfire risks. In partnership with Technosylva’s advanced wildfire analytics, Green Shield will deliver these powerful insights beginning January 1, 2025, to customers including Striior Insurance Solutions, BMS Group, Arden Insurance Services and the other top Fortune 100 insurance companies that it serves, helping protect their portfolios with precision and confidence.
For more information on the Property Guardian suite of wildfire solutions and the partnership with Technosylva, visit PropertyGuardian.com.
About Green Shield Risk Solutions
Green Shield Risk Solutions is a Chicago-based managing general agent and catastrophe mitigation specialist that uses cutting-edge wildfire analytics to deliver unparalleled property-level insights and bespoke mitigation strategies to increase insurability, reduce loss and strengthen resilience.
The Property Guardian suite of wildfire solutions leverages more than 200 wildfire data points and partnerships with leading data and modeling firms to provide real-time, science-backed insights into properties at the structure, parcel, community and regional levels. From seasoned underwriters and data scientists to certified wildfire mitigation specialists, arborists, meteorologists, and veteran “hotshot” firefighters, Green Shield delivers unmatched expertise to help its clients protect what matters most. Learn more at PropertyGuardian.com.
About Technosylva
Technosylva is a global leader in catastrophic event risk management and simulation modeling software. Technosylva’s market-leading solutions, enhanced by AI and machine learning capabilities, provide real-time and predictive insights into developing extreme weather risks to support electric utility, insurance and government agency customers. Founded in 1997, Technosylva has offices in La Jolla, CA, León, Spain, and Calgary, Canada. Learn more at www.Technosylva.com.
Media Contact:
Joshua Clifton
Head of Marketing & Communications
773-230-1304
joshua.clifton@greenshieldrisk.com
Lucian Deaton
Technosylva
Senior Digital Marketing Manager
ldeaton@technosylva.com
Colin Mahoney
Mahoney Communications Group
colin@mahoneycommunications.com
