BurnBot reposted this
Wildfire risk is one of the most difficult long-term challenges facing homeowners, communities, insurers, regulators, and the broader risk management ecosystem. That is why I am genuinely excited about Mercury Insurance’s strategic investment in BurnBot. I am grateful to be part of the team that brought this "first of its kind" partnership to life, and I am optimistic about what it represents: a move toward connecting real-world risk reduction with insurance availability and affordability.. The traditional insurance toolkit is necessary, but it is not sufficient. Pricing, underwriting, reinsurance, capital management, and regulation all matter. But if we want durable insurance markets in wildfire-prone regions, we also have to reduce the physical risk itself. BurnBot’s work in robotic, data-driven hazardous-fuel reduction and vegetation management is an important example of where this can go. The goal is not just to better measure wildfire risk. The goal is to help communities become safer, more resilient, and more insurable over time. I am proud that our team is leaning into this kind of proactive approach. This is hard work. It will require science, technology, insurance expertise, public-private collaboration, and a willingness to test new scientific and economic models. But I believe this is exactly the kind of work the industry needs to be doing. Congratulations to the BurnBot team and to everyone at Mercury who helped make this possible.