Descartes Underwriting
Next-Generation Corporate Insurance
Overview
Descartes Underwriting is an MGA that specializes in parametric insurance for climate and emerging risks. They offer several parametric flood solutions that provide rapid payouts based on objective data, such as river gauge levels or excess precipitation. Their products are designed to cover both direct and indirect losses from flooding, offering a more transparent and faster claims process than traditional insurance.
✨ Key Features
- Parametric flood insurance
- Data-driven approach using remote sensing and IoT
- Customizable coverage and triggers
- Fast and transparent payouts
- Coverage for direct and indirect losses
🎯 Key Differentiators
- Focus on complex and emerging risks beyond just weather
- Proprietary risk modeling and data science expertise
- Global presence with local expertise
Unique Value: Offers robust, data-driven parametric insurance for a wide range of climate and emerging risks, providing fast and transparent claims.
🎯 Use Cases (3)
✅ Best For
- Provides parametric insurance solutions to corporate clients and partners with brokers.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Not a provider of traditional indemnity-based insurance.
🏆 Alternatives
Compared to traditional insurance, Descartes provides faster payouts and covers risks that are often excluded. Versus other parametric providers, they have a broader focus beyond just weather.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
💰 Pricing
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