Tag: Climate risk

Climate risk startup Reask raises $6.55m to refine AI-driven weather modelling

Reask, an innovative company leveraging artificial intelligence (AI) to interpret and predict extreme global weather conditions, announced a successful investment funding total of $6.55m.

Climate risk assessment tool Zesty.ai scores debt from Brex

Zesty.ai, a predictive data analytics service for climate risk, has received $10m in venture debt from US spend management decacorn Brex.

Huge majority of insurance executives see climate as key investment risk

A BlackRock study has found that 95% of (re)insurance executives are concerned climate risk will have a significant impact on portfolio construction over the next two years.

Ambiental, WhenFresh broaden alliance to expand climate data offering

Flood risk specialist Ambiental has extended its partnership with property data firm WhenFresh to offer the former’s FloodScore Climate data set on WhenFresh’s API.

Arbol unveils new underwriter subsidiary focused on parametric risk

New York-based InsurTech Arbol has launched Arbol Underwriters (AUL), which will be a company focused on offering reinsurance capacity for parametric insurance risks.

Climate risk company Jupiter raises funding from pair of P&C insurers

Jupiter, a predictive data and analytics platform for climate risk, has received an undisclosed investment from a pair of property and Casualty insurance companies.

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