FM acquires wildfire intelligence provider FortressFire

Kuldeep Jha

Tue, August 11, 2026 astatine 8:28 AM CDT 1 min read

US commercialized spot insurer FM has bought FortressFire, a wildfire quality institution that uses instrumentality learning alongside physics-based modelling.

The companies did not disclose the fiscal presumption of the deal.

FortressFire volition run arsenic an independent, wholly owned part of FM.

FM president and CEO Malcolm Roberts said: "FortressFire shares FM's halfway content successful the powerfulness of data-driven, location-based hazard mitigation and extortion measures to assistance clients amended recognize and negociate wildfire exposure.

"The FortressFire squad brings almighty tools to measure and mitigate wildfire risk, and we are excited to invited them to the FM family."

FortressFire's level is designed to assistance insurers and spot owners measure and negociate wildfire vulnerability astatine the level of idiosyncratic properties.

It provides a scope of wildfire quality services, including aerial wildfire reports, monitoring, analytics, crushed inspections and mitigation assessments.

FM said FortressFire volition proceed to service insurers, reinsurers, brokers, existent property professionals, lenders and spot owners crossed the marketplace nether its existing marque and leadership.

FortressFire founder, president and CEO Michael Ashker said: "For years we've argued that the champion hazard absorption is ignition prevention - and that the way to insurability runs done science.

"To person an engineering-focused insurer of FM's calibre enactment its superior and condemnation down that thesis is the strongest imaginable validation of what our squad has built."

"FM acquires wildfire quality supplier FortressFire" was primitively created and published by Life Insurance International, a GlobalData owned brand.