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Minerva Intelligence ( (TSE:AISX) ) has provided an update.
AISIX Solutions Inc. has been selected as the wildfire catastrophe modeling vendor for a three-year engagement by a major Canadian insurance company, following an invite-only competitive RFP process. The insurer chose AISIX for its strong grasp of project requirements and its ability to deliver a technically aligned, tailored solution to meet the insurer’s wildfire risk objectives.
Under the engagement, AISIX will deploy its advanced wildfire catastrophe modeling and data to support underwriting, portfolio risk management, and strategic decision-making across the insurer’s operations. The contract also includes development of new features to quantify wildfire-related financial losses and reinsurance metrics, underscoring AISIX’s growing role in climate risk analytics as the parties finalize legal and due diligence steps before disclosing full contract terms.
More about Minerva Intelligence
AISIX Solutions Inc. is a Vancouver-based provider of wildfire risk assessment and data-analytics solutions serving organizations that need predictive insights into climate and wildfire-related threats. The company focuses on delivering auditable, explainable, and defensible wildfire risk models to help businesses and communities protect property, assets, and infrastructure and build resilience amid climate change.
Average Trading Volume: 132,574
Technical Sentiment Signal: Sell
Current Market Cap: C$1.54M
See more data about AISX stock on TipRanks’ Stock Analysis page.