Descartes Underwriting provides science-backed parametric insurance and reinsurance for climate, cyber, and other emerging risks, using AI, satellite imagery, IoT, and advanced risk modeling.

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Parametric Tropical Cyclone Insurance

Insurance covering cyclone-related property damage and business interruption through predefined wind and storm-location triggers, including regional hurricane and typhoon structures.

Parametric Agriculture Yield Insurance

Crop insurance covering climate-related yield shortfalls, with payouts indexed to official regional harvest statistics for the insured crop and location.

Parametric Spring Frost Insurance

Insurance protecting vineyards and orchards during sensitive growth stages, with payouts tied to minimum daily temperatures from sensors and public data.

Parametric Flood Insurance for Businesses

Insurance covering direct and indirect flood losses using predefined water-level triggers, river and rainfall data, and sensors at insured locations.

Parametric Tornado Insurance

Insurance protecting businesses from tornado losses through event-based payouts, with satellite damage assessment available for utility-scale solar farms.

Parametric Excessive Rain Insurance

Insurance protecting agricultural operations from excessive rainfall losses through customized precipitation thresholds measured using independent weather data.

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