Connect with us

Technology

ZestyAI Strengthens Leadership Team to Accelerate Next Phase of Growth

Published

on

David Friend joins as CFO and John Ross as SVP of Client Development as the company scales its AI platform across the P&C industry

SAN FRANCISCO, June 18, 2026 /PRNewswire/ – ZestyAI, the Risk Decision Intelligence Platform for the insurance industry, today announced the appointments of David Friend as Chief Financial Officer and John Ross as Senior Vice President of Client Development. Both executives bring decades of experience across insurance and enterprise technology and join ZestyAI as insurers increasingly adopt the company’s AI-powered platform for underwriting, pricing, and portfolio management.

The hires come as ZestyAI turns cash flow positive, more than doubles product usage, surpasses 200 regulatory approvals, and adds 26 new carrier customers.

Friend brings more than two decades of experience scaling high-growth enterprise software companies. He most recently served as CFO of Quantum Metric for five years as it scaled through the $100M annual recurring revenue milestone. Earlier, as an investor at Bain Capital Ventures, he partnered with founders building category-defining enterprise software companies. At ZestyAI, he leads finance, accounting, and corporate development.

Ross brings nearly two decades of P&C insurance experience across carriers, insurtech, and data and analytics providers, with a track record of leading teams that drive growth through a relentless focus on customer service. He joins ZestyAI from LexisNexis Risk Solutions, where he ran the Auto and Home portfolio and led the industry’s largest commercial relationships across personal lines insurers. At ZestyAI, he leads client development, ensuring customers realize measurable value through precision underwriting, improved rate segmentation, and enhanced access to reinsurance capital.

“David and John are exactly the leaders we need at this stage,” said Attila Toth, Founder and CEO of ZestyAI. “David has built and scaled the financial foundation of high-growth enterprise software companies, and John has spent his career inside the P&C insurance market helping carriers turn data into better underwriting and portfolio decisions. They strengthen how we operate as a company and how we partner with customers as AI becomes core decision infrastructure across the insurance enterprise.”

“ZestyAI is operating at the intersection of two major shifts in enterprise software — the move to AI-native platforms and the transition from systems of record to systems of intelligence,” said David Friend. “The carriers pulling ahead are using property intelligence and agentic AI to underwrite more accurately, deploy capital more efficiently, and respond to risk faster. ZestyAI is built to give them that edge. I’m looking forward to helping more carriers put it to work.”

“What drew me to ZestyAI is a rare combination: a company with the technology to genuinely change this market for the better, and the opportunity to do it in partnership with carriers, reinsurers, and ultimately the consumers they serve,” said John Ross. “I’ve spent my career helping insurers turn data into better decisions in challenging markets and move beyond the inertia that too often defines the industry,” said John Ross. “ZestyAI combines property intelligence, predictive modeling, and agentic AI to give carriers a precise view of risk across their portfolio and materially improve how they manage it.”

A Year of Momentum

In the past year, ZestyAI has:

Turned cash flow positive while more than doubling product usage across underwriting, rating, and reinsurance workflowsAdded 26 new clients, including Applied Underwriters, California Casualty, Lemonade, and MarshExpanded commercial relationships with 12 existing enterprise customers through new agreements, including Berkshire Hathaway, the California FAIR Plan, and CSAASurpassed 200 regulatory approvals nationwide, spanning multiple products and perilsLaunched ZORRO, its agentic AI platform, and ZORRO Discover™ — which reduces manual regulatory and market research by 95% for underwriters, product leaders, and executivesLaunched Z-SPARK™, a property-level fire risk model grounded in modern fire science with 30× greater accuracy than traditional methodsWelcomed Scott Stephenson, former Chairman, President, and CEO of Verisk Analytics, to its Board of Directors

Building on its continued leadership in wildfire risk analytics, in 2025 ZestyAI significantly expanded the adoption of its severe convective storm, wind, hail, and non-weather water suite of models, reinforcing its evolution into a multi-peril decision intelligence platform. That precision gives carriers something rare in catastrophe-exposed markets: the confidence to grow. Insurers using ZestyAI are writing policies they otherwise couldn’t have priced — expanding their books while maintaining underwriting discipline. In 2025 alone, that translated into coverage for nearly one million families and businesses previously considered difficult or uneconomical to insure.

About ZestyAI

ZestyAI is the Risk Decision Intelligence Platform for the insurance industry. Trusted by Property & Casualty carriers, reinsurers, brokers, and regulators across the United States, ZestyAI helps insurers make better decisions faster and with greater confidence. The platform unifies property-level data, predictive AI models, and agentic AI automation to transform how insurers see, price, and manage risk. Through machine learning, computer vision, and regulatory-grade transparency, ZestyAI delivers precision and performance across underwriting, rating, reinsurance, and regulatory workflows. Validated by climate science and historical loss data, ZestyAI’s models cover major perils including wildfire, severe convective storm, and non-weather water. From improving pricing accuracy to strengthening reinsurance outcomes, ZestyAI brings trusted AI to every insurance decision—helping the industry operate with speed, accuracy, and resilience.

View original content to download multimedia:https://www.prnewswire.com/news-releases/zestyai-strengthens-leadership-team-to-accelerate-next-phase-of-growth-302804112.html

SOURCE ZestyAI

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Monnit Introduces NIST Detachable Leads to Streamline Compliance Monitoring

Published

on

By

New hot-swappable lead architecture reduces downtime, simplifies recertification, and helps organizations maintain continuous monitoring.

SALT LAKE CITY, June 18, 2026 /PRNewswire/ — Monnit announced new NIST Standard and Low Temperature and Humidity Detachable Leads for compatible ALTA® Sensor Bases designed to simplify sensor recertification, reduce downtime, and support continuous compliance monitoring.

“Organizations shouldn’t have to choose between maintaining compliance and operational continuity,” said Brad Walters, Founder and CEO of Monnit. “Our detachable lead architecture allows customers to hot-swap certified leads in minutes while preserving traceability and keeping trusted monitoring programs running.”

Each NIST Detachable Lead is uniquely calibrated and designed to support traceability requirements aligned with the National Institute of Standards and Technology (NIST) standards.

Rather than removing and shipping an entire sensor for recertification, customers can disconnect only the lead, connect a certified replacement, and send the original lead for recalibration. This approach is ideal for pharmaceuticals, healthcare facilities, laboratories, food storage operations, manufacturing environments, and other applications that require calibration records.

In addition to these hot-swappable, removable leads or cables with probes, we offer short Monnit Standard Temperature and Humidity Detachable Non-Leaded Probes that you can connect to compatible sensor bases.

Each NIST Detachable Lead or Probe connects to compatible ALTA Industrial and Enterprise Sensor Bases via sealed, keyed M8 6-pin connectors designed for field installation. Embedded memory within the lead stores unique lead and sensor identification, calibration data, certification information, and traceability records.

Key features and benefits include:

Hot-swappable lead replacement that minimizes downtime and monitoring interruptionsNIST-traceable calibration support and ISO 17025-accredited lab certificationSupport for FDA 21 CFR Part 11 workflows and audit programsAutomatic synchronization of calibration information with iMonnit® SoftwareLogging of lead connection and disconnection events in iMonnitHot-swapping capability while powered on or off for easier servicing

Monnit and its accredited lab partner, Sensor Calibrations, provide 25-month certificates for NIST Detachable Standard Temperature Leads and 13-month certificates for NIST Detachable Low Temperature and Humidity Leads.

Compatible ALTA Sensor Bases automatically recognize connected lead types and maintain digital maintenance records, helping organizations avoid monitoring gaps caused by traditional recertification.

About Monnit Corporation
The origin story of the Internet of Things (IoT) begins with Monnit. Before our inception in 2010, we were already at the forefront of embedding technology into machines and devices to enable them to talk and deliver valuable data to business leaders. Monnit Remote Monitoring Solutions for nearly any industry use case have delivered 72B+ data points in 130+ countries for 90K+ customers. Monnit’s 80+ long-range IoT sensors remotely monitor many conditions such as temperature, light, humidity, water, vibration, pressure, and more. You can analyze data using iMonnit cloud software and get alerts via email, text, push notification, or call when our sensors detect a change you should know.

Media Contact:
David Hill
Marketing Communications
801-505-8172
417089@email4pr.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/monnit-introduces-nist-detachable-leads-to-streamline-compliance-monitoring-302803906.html

SOURCE Monnit

Continue Reading

Technology

Monnit Introduces NIST Detachable Leads to Streamline Compliance Monitoring

Published

on

By

New hot-swappable lead architecture reduces downtime, simplifies recertification, and helps organizations maintain continuous monitoring.

SALT LAKE CITY, June 18, 2026 /PRNewswire/ — Monnit announced new NIST Standard and Low Temperature and Humidity Detachable Leads for compatible ALTA® Sensor Bases designed to simplify sensor recertification, reduce downtime, and support continuous compliance monitoring.

“Organizations shouldn’t have to choose between maintaining compliance and operational continuity,” said Brad Walters, Founder and CEO of Monnit. “Our detachable lead architecture allows customers to hot-swap certified leads in minutes while preserving traceability and keeping trusted monitoring programs running.”

Each NIST Detachable Lead is uniquely calibrated and designed to support traceability requirements aligned with the National Institute of Standards and Technology (NIST) standards.

Rather than removing and shipping an entire sensor for recertification, customers can disconnect only the lead, connect a certified replacement, and send the original lead for recalibration. This approach is ideal for pharmaceuticals, healthcare facilities, laboratories, food storage operations, manufacturing environments, and other applications that require calibration records.

In addition to these hot-swappable, removable leads or cables with probes, we offer short Monnit Standard Temperature and Humidity Detachable Non-Leaded Probes that you can connect to compatible sensor bases.

Each NIST Detachable Lead or Probe connects to compatible ALTA Industrial and Enterprise Sensor Bases via sealed, keyed M8 6-pin connectors designed for field installation. Embedded memory within the lead stores unique lead and sensor identification, calibration data, certification information, and traceability records.

Key features and benefits include:

Hot-swappable lead replacement that minimizes downtime and monitoring interruptionsNIST-traceable calibration support and ISO 17025-accredited lab certificationSupport for FDA 21 CFR Part 11 workflows and audit programsAutomatic synchronization of calibration information with iMonnit® SoftwareLogging of lead connection and disconnection events in iMonnitHot-swapping capability while powered on or off for easier servicing

Monnit and its accredited lab partner, Sensor Calibrations, provide 25-month certificates for NIST Detachable Standard Temperature Leads and 13-month certificates for NIST Detachable Low Temperature and Humidity Leads.

Compatible ALTA Sensor Bases automatically recognize connected lead types and maintain digital maintenance records, helping organizations avoid monitoring gaps caused by traditional recertification.

About Monnit Corporation
The origin story of the Internet of Things (IoT) begins with Monnit. Before our inception in 2010, we were already at the forefront of embedding technology into machines and devices to enable them to talk and deliver valuable data to business leaders. Monnit Remote Monitoring Solutions for nearly any industry use case have delivered 72B+ data points in 130+ countries for 90K+ customers. Monnit’s 80+ long-range IoT sensors remotely monitor many conditions such as temperature, light, humidity, water, vibration, pressure, and more. You can analyze data using iMonnit cloud software and get alerts via email, text, push notification, or call when our sensors detect a change you should know.

Media Contact:
David Hill
Marketing Communications
801-505-8172
417089@email4pr.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/monnit-introduces-nist-detachable-leads-to-streamline-compliance-monitoring-302803906.html

SOURCE Monnit

Continue Reading

Technology

deepset Joins HPE’s Unleash AI Program to Accelerate Sovereign Agentic AI

Published

on

By

SAN JOSE, Calif., June 18, 2026 /PRNewswire/ — deepset, the company behind Haystack, the production-ready open-source AI agent framework and platform, today announced it has joined the HPE Unleash AI partner program to help government, defense, and regulated enterprises deploy production-grade AI systems in sovereign, self-hosted, and air-gapped environments.

As part of the collaboration, deepset will leverage the Haystack Enterprise Platform, deepset’s platform for building, orchestrating, and governing AI agents and applications, and HPE’s AI ecosystem and infrastructure portfolio to help organizations rapidly identify and operationalize high-value AI use cases while reducing deployment complexity and risk. This enables customers to access AI-ready infrastructure, strategic guidance, and accelerated pilot execution to address their most challenging AI adoption and operationalization needs.

Together, the companies enable organizations to deploy AI agents, multi-agent systems, and Retrieval-Augmented Generation (RAG) applications on self-hosted, sovereign, and air-gapped infrastructure while maintaining full ownership over sensitive and classified data, models, and AI operations.

Customers can leverage the joint architecture to operationalize governed AI applications faster while maintaining the security, compliance, and deployment flexibility required for sovereign and mission-critical environments.

The HPE Unleash AI partner program is a curated ecosystem, combining ISV solutions that go through comprehensive validation testing with engineered HPE AI systems, including HPE Private Cloud AI and the broader HPE AI Factory with NVIDIA solutions, to deliver the performance, security, and scalability enterprises need for production AI. By joining the program, deepset expands access to governed AI platform capabilities designed for organizations operating in highly regulated environments, including public sector, defense, cybersecurity, and enterprise industries.

The Haystack Enterprise Platform enables organizations to:

Build and govern AI agents, multi-agent systems, and RAG applicationsDeploy AI on self-hosted, private cloud, and air-gapped infrastructureOrchestrate modular AI pipelines across models, databases, and enterprise systemsEnforce governance, auditability, and lifecycle management for production AISupport sovereign AI initiatives aligned with European and national security requirements

The collaboration builds on deepset’s experience supporting sovereign AI initiatives with organizations including the European Commission, the German Ministry of Research, Technology and Space (BMFTR), and other government, defense, and enterprise organizations deploying sovereign AI systems under strict governance and security requirements.

“With agentic AI moving into operational deployment, organizations need infrastructure and AI platforms they can control and trust,” said Milos Rusic, CEO and co-founder of deepset. “The challenge is getting agentic systems into production while maintaining control over infrastructure, governance, and sensitive data. Together with HPE, we’re helping customers deploy governed AI systems faster across highly regulated and mission-critical environments.”

Use cases supported through the joint architecture include:

Sovereign AI platform for public sector & regulated industry institutionsSovereign AI intelligence and decision-support systems for classified operationsCybersecurity investigation and threat analysisAI agents for technology, manufacturing, research, legal, and financial workflows

“The Unleash AI program is designed to help organizations deploy AI solutions faster and with greater operational confidence,” said Robin Braun, Vice President of AI Business Development, Hybrid Cloud, HPE. “Together, HPE and deepset are delivering secure, governed AI solutions that combine enterprise-grade infrastructure with flexible and governed AI agent capabilities to help customers operationalize AI across hybrid, sovereign, and classified environments.”

For more information, visit https://www.deepset.ai

About deepset

deepset is the company behind Haystack, the leading open-source framework and platform for building production-grade AI applications and agentic systems. deepset enables enterprises and public sector organizations to develop, deploy, and govern flexible AI applications powered by their choice of large language models, enterprise data, infrastructure, and governance policies across cloud, hybrid, and sovereign environments.

Media Contact
Steph McGuirk
417109@email4pr.com
845.269.8868

View original content to download multimedia:https://www.prnewswire.com/news-releases/deepset-joins-hpes-unleash-ai-program-to-accelerate-sovereign-agentic-ai-302803905.html

SOURCE deepset

Continue Reading

Trending