UNDERSTORY

Descartes

This firm develops parametric insurance solutions for corporate and government clients to manage climate and natural catastrophe risks.

Arbol

This company provides parametric insurance and climate risk management products for businesses in sectors including agriculture, renewable energy, and maritime.

Atram

This company builds climate risk software for financial institutions to manage portfolio exposure and provide early warnings to borrowers about environmental hazards.

Floodbase

Floodbase provides a satellite-based data platform that enables insurers and governments to design, price and trigger parametric flood insurance policies.

FloodFlash

This company provides sensor-based parametric flood insurance for businesses and homeowners, paying out pre-agreed amounts when water reaches specific trigger depths.

Sola

This insurtech firm provides parametric property insurance policies that use weather data to automate payouts for homeowners affected by natural disasters.

EHAB

EHAB provides a weather risk management platform and parametric insurance to help construction companies and infrastructure owners mitigate climate-related project delays.

Adaptive Insurance

This company develops parametric insurance products to protect businesses and homeowners against financial losses caused by power outages and climate-related weather events.