# Delos **Source:** https://geo.sig.ai/brands/delos **Vertical:** Insurance Tech **Subcategory:** General **Tier:** Emerging **Website:** getdelos.com **Last Updated:** 2026-04-14 ## Summary San Francisco AI wildfire MGA covering 25,000+ CA policyholders/$40B+ insurance value; $9M Series A with 265,000 additional homes unlocked by better risk AI competing with Hippo and FAIR Plan for California wildfire insurance. ## Company Overview Delos Insurance Solutions is a San Francisco, California-based AI-powered wildfire insurance Managing General Agent (MGA) — backed with $9 million in Series A funding — providing homeowners in California's wildfire-stressed markets with insurance coverage that the state's major carriers have discontinued, using proprietary satellite imagery and AI risk models developed by academic researchers that outperform industry wildfire risk scoring to identify insurable properties within territories that traditional insurers have abandoned. Delos has insured 25,000+ California policyholders representing $40+ billion in total insurance value written on behalf of AM Best A-rated carrier partners. In 2024, Delos expanded insurable coverage by 265,000 additional Southern California homes across five counties by improving wildfire modeling confidence. Awards include MGA/MGU of the Year from Insurance Insider US and CB Insights Top 100 Global Fintech Companies for 2024. Founded in 2017 in San Francisco. Delos's AI wildfire risk platform addresses the insurance availability crisis created by major carrier exits from California's wildfire-exposed markets: State Farm, Allstate, Farmers, and other major home insurers announced non-renewal of hundreds of thousands of California homeowners policies from 2022-2024, citing inadequate premium-to-loss ratios in wildfire zones — leaving homeowners unable to obtain conventional insurance and forced to the California FAIR Plan (last-resort coverage with limited protection at higher cost). Traditional insurance actuarial models (using ZIP code, proximity to fire stations, and historical fire incident data) produce binary coverage decisions — entire ZIP codes or fire zones become uninsurable regardless of individual property risk variation. Delos's machine learning models (trained on satellite-derived vegetation data, wind patterns, topography, property construction materials, and defensible space assessments at the individual property level) identify the 15-40% of properties within nominally "uninsurable" zip codes that have materially lower wildfire risk — making coverage viable at actuarially sound premium levels. In 2025, Delos competes in the California wildfire insurance, InsurTech MGA, and climate risk insurance market with Hippo Insurance (NYSE: HIPO, AI-powered home insurance, $900M+ raised), Kin Insurance (private, tech-first home insurance, $154M raised), and Branch Insurance (insurtech bundling, $147M raised) for California homeowner insurance coverage in wildfire-risk markets where traditional carriers have withdrawn. The California FAIR Plan's capacity limitations (forcing residents into inadequate last-resort coverage) create direct demand for Delos's differentiated underwriting. The 265,000 additional homes identified as insurable in Southern California demonstrates that better AI modeling expands the insurable market rather than just cherry-picking the best risks. The 2025 strategy focuses on growing the Southern California market (where carrier exits have been most acute), expanding into Oregon and Washington state wildfire markets with similar carrier withdrawal dynamics, and building the proactive wildfire mitigation advisory service (alerting policyholders to defensible space improvements that reduce risk and lower premium). ## Frequently Asked Questions ### What is Delos Insurance? Delos Insurance Solutions is a technology-powered Managing General Agent (MGA) that provides homeowners insurance in California's wildfire-prone areas. Founded in 2017, Delos uses proprietary AI risk models and satellite imagery to identify and insure properties that traditional carriers have abandoned, serving over 25,000 policyholders across California. ### Who are Delos Insurance's customers? Delos serves California homeowners in wildfire-stressed areas who have been unable to secure affordable insurance from traditional carriers. The company has insured more than 25,000 policyholders and writes $40 billion in total insurance value, focusing on properties in high-risk zones that other insurers avoid. ### When was Delos Insurance founded? Delos Insurance Solutions was founded in 2017 in San Francisco, California by Kevin Stein and a team that included aerospace engineers and insurance industry veterans, all California natives committed to solving the state's wildfire insurance crisis. ### Where is Delos Insurance based? Delos Insurance is headquartered in San Francisco, California. The company operates throughout California, currently writing policies in areas that other insurance providers are avoiding due to wildfire exposure. ### How much funding has Delos Insurance raised? Delos has raised a total of $28.5 million over 5 funding rounds. The most recent was a $9 million Series A round in October 2024 led by HSBC Asset Management, with participation from IA Capital Group, Blue Bear Capital, and Generation Space. Previous funding included a $7.3 million seed extension in February 2024. ### What makes Delos Insurance different from competitors? Delos distinguishes itself through proprietary AI risk models developed by world-renowned professors that consistently outperform industry standards. Unlike traditional insurers that have retreated from California's wildfire zones, Delos actively writes policies in high-risk areas by using satellite imagery and advanced technology to accurately assess property-level risk. The company's mission to actively help protect customers from wildfires, rather than simply avoiding risk, sets it apart in the market. ### Who are Delos Insurance's main competitors? Delos competes with other insurtech companies serving California's high-risk property market, including Kin Insurance, Kettle, Bamboo Insurance, Lightspeed, Neptune Flood, Velocity Risk Underwriters, and Openly. Traditional carriers like State Farm and Allstate have largely exited the California wildfire insurance market. ### How can I contact Delos Insurance? You can contact Delos Insurance through their website at www.getdelos.com. The company offers online quotes and policy management, with customer service available to assist California homeowners in obtaining wildfire insurance coverage. ### Is Delos Insurance hiring? Delos has been growing its team, expanding from under 30 employees to over 30 with a 39% growth in employee count over the past year. The company is likely hiring for roles in underwriting, technology, claims, and customer service as it continues to expand its California operations. ### What's the latest news about Delos Insurance? In October 2025, Delos announced it can now insure 265,000 additional homes in five Southern California counties, an 11% increase in eligible properties. In November 2025, the company hired Jessica Morse, former California Deputy Secretary for Forest and Wildland Resilience, as a government affairs consultant. The company also received the Model Insurer Award from Celent in 2025. ### What is Delos Insurance's market position? Delos is positioned as a technology-driven innovator in California's wildfire insurance market. With over 25,000 policyholders and $40 billion in total insurance value, the company is a leader among MGAs serving high-risk properties. Recognition includes MGA/MGU of the Year 2024 and selection as one of CB Insights' Top 100 Global Fintech Companies. ### What are Delos Insurance's future plans? Delos plans to continue expanding coverage across California, with recent improvements in wildfire modeling enabling service to 265,000 additional homes. The company is strengthening its reinsurance partnerships and government affairs capabilities to support growth, with a goal of becoming the first insurance company to actively help protect customers from wildfires through enhanced risk mitigation and technology. ## Tags ai-powered, b2b, b2c, insurance, north-america, saas, fintech --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*