Wildfire Risk & Carrier Exits

Wildfire risk is creating an insurability crisis in fire-prone regions as carriers exit, premiums spike, and business migrates to MGAs and E&S lines.

Analysis:

The wildfire insurability crisis is creating a massive market gap. Startups building wildfire risk technology — defensible space assessment, ember-resistant construction verification, and wildfire-specific underwriting models — can address an urgent and growing need. Physical mitigation + insurance is a powerful combination.