Turn property risk into a mitigation strategy.
Lightspark helps insurers understand fire, wind and flood exposure at the property level — and helps policyholders make the improvements that reduce it.
Fire Score
4/5
Annual Premium
$3,240
Flood Score
3/5
Premium Discount after Mitigation
15%
Risk is priced at the postal code. It is created at the property.
Climate losses keep rising while underwriting still relies heavily on regional averages. Insurers need building-level insight, and a practical way to move policyholders toward mitigation rather than only repricing risk.
A $2–6k Home Improvement Opportunity
Property context
12450 10th Concession
Markham, ON
Construction
Wood frame
Year built
1966
Storeys
1-2
Roof type
Asphalt
Foundation
Concrete
Primary heat
Natural gas
Climate scores
Resilience catalog
Mitigation options for this property
Defensible space & vegetation management
Clear vegetation within 10m, install non-combustible mulch and trim overhanging branches.
Ember-resistant vents & eave protection
Install 1/8" mesh vent screens and close gaps at eaves to prevent ember intrusion.
Cooling & ventilation for heat events
Add heat pump cooling and improved ventilation to reduce habitability risk during heatwaves.
Underwriting notes
Property in or adjacent to a wildland-urban interface zone. Defensible space and building materials are key rating factors.
HomeIQ finds the opportunity. Engage turns it into action.
With HomeIQ
- —Fire, wind and flood scores for individual properties
- —Building characteristics, roof condition indicators and replacement context
- —Energy and carbon performance alongside physical risk
- —Portfolio-wide exposure views through the API
With Engage
- —Give policyholders a clear view of their home's risk profile
- —Recommend specific mitigation upgrades, with costs and incentives
- —Tie resilience improvements to policy programs and offers
- —Connect policyholders to qualified trades to complete the work
Lightspark Property Intelligence API
Score fire, wind and flood exposure on every address you underwrite.
More precise, property-level underwriting and pricing signals
Measurable reduction in exposure through completed mitigation
Stronger policyholder relationships built on prevention
“Lightspark has developed a new ecosystem for banks, insurance companies and homeowners that can help decarbonize houses and future proof most people’s most valuable assets.”
Dr Wal Van Lierop
Founding Partner, Chrysalix Venture Capital