AISIX wins $780K wildfire risk contract with major Canadian insurer over three years

AISIX Solutions Inc. has secured a three-year contract worth $780,000 with a major Canadian insurance provider to deliver wildfire risk and catastrophe modeling services. The agreement, won through a competitive process, includes annual payments of $260,000 tied to milestone-based deliverables such as wildfire hazard data, loss metrics, and reinsurance integration. This contract enhances AISIX's presence in the Canadian insurance market and supports the insurer's risk management and capital allocation. The company aims to leverage this recurring revenue relationship to grow its wildfire risk analytics business further.