Adaptive Insurance and Whisker Labs Partner to Revolutionize Power Outage Insurance with Real-Time Grid Intelligence

Adaptive Insurance has partnered with Whisker Labs to integrate Ting Insights into its GridProtect product, setting a new standard in power outage insurance by utilizing real-time grid intelligence. This collaboration aims to address the longstanding issues of delays and disputes in power-related insurance claims, providing businesses with faster, more accurate coverage execution.

The integration of Ting Insights, a network of over one million AI-enabled sensors monitoring the U.S. electrical grid, into GridProtect allows for hyper-local outage verification. This innovation replaces uncertainty with precise data, enabling pre-agreed payouts to be triggered automatically when power loss is detected, without the need for customer action. Adaptive Insurance and Whisker Labs are thus offering a solution that not only speeds up the claims process but also enhances the reliability of power outage insurance for businesses.

Arik Yelovitch, CTO and Co-Founder of Adaptive, emphasized the importance of this partnership, stating that it delivers speedier financial support to businesses when they need it most, backed by better data and fewer disputes. Bob Marshall, CEO of Whisker Labs, highlighted the broader benefits of this collaboration, noting that better data is good for everyone, especially when the grid is under stress.

This partnership comes at a critical time as extreme weather events become more frequent and the electrical grid ages, making real-time, reliable outage detection increasingly important. Traditional methods of outage detection, such as utility feeds and crowd-sourced alerts, often fall short in providing the timely and precise data needed for effective insurance claims processing. With GridProtect and Ting Insights, businesses can now rely on a system that is not only responsive and data-driven but also built to meet the challenges of the modern grid.