Tag: parametric insurance
Liberty Mutual and Floodbase target US flood gap
Floodbase, a parametric flood risk insurance platform, and Liberty Mutual have launched an instant quoting application for parametric flood (re)insurance in the US commercial...
Mantas raises $1.77m to bring parametric insurance to cloud downtime
Mantas, a company focused on insuring digital infrastructure risks, has emerged from stealth after securing a $1.77m seed funding round to launch parametric insurance...
Previsico sounds alarm as most UK firms lack flood resilience plans
Most UK businesses remain dangerously underprepared for the increasing risk of flooding driven by climate change, according to Previsico’s ‘2025 State of Flood Resilience’ report.
Yokahu streamlines parametric insurance transactions with new exchange
Yokahu, a leading innovator in parametric insurance, has introduced cat-risk.com, the first independent, many-to-many parametric exchange designed to revolutionise disaster risk finance within the London re/insurance market.
AI-driven InsurTech Adaptive Insurance secures $5m to launch climate resilience platform
Adaptive Insurance, a Texas-based climate resilience company, has secured $5m in a seed funding round to accelerate the rollout of its AI-driven parametric insurance solutions aimed at protecting businesses from climate-related disruptions.
Africa Specialty Risks appoints Sylvain Coutu as head of innovation and...
Africa Specialty Risks (ASR), a developing markets-focused (re)insurance group, has appointed Sylvain Coutu as head of innovation and sustainability.
In his new role, Sylvain will...
Descartes Underwriting introduces $70m parametric insurance product for solar farms
Descartes Underwriting has launched a new parametric insurance product to protect US-based utility-scale solar farms from tornado damage, offering up to $70m in coverage. The...
Previsico and Descartes to transform flood insurance with IoT sensors and...
Previsico has partnered with Descartes Underwriting to offer businesses in the UK and Ireland advanced flood warnings and swift claims payments. This will be made...
IBISA secures $3m to expand parametric climate insurance in Asia and...
IBISA, a global leader in the Climate InsurTech sector, has successfully raised $3m to enhance its parametric insurance offerings aimed at mitigating weather-related risks across Asia and Africa.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon
Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.










