FM acquires wildfire intelligence provider FortressFire

Commercial property insurer FM has acquired FortressFire, a provider of wildfire intelligence that combines machine learning and physics-based modeling; financial details of the transaction were not disclosed. FortressFire specialised in protecting homes, businesses and communities from wildfire loss through data-driven, science-backed approach risk modeling. Operating as an independent, wholly owned division of FM, the company’s […] The post FM acquires wildfire intelligence provider FortressFire appeared first on ReinsuranceNe.ws.

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.