Tag: Descartes Underwriting

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.

Descartes Underwriting, Paris-based parametric-specialised provider of corporate insurance against natural catastrophe and climate risks, has formed a partnership with Reask, a tropical-cyclone risk analytics firm.

Descartes Underwriting, which is helping insurers address climate and emerging risks, has secured $120m in its Series B.

From cybersecurity unicorn Snyk's $200m funding round to payment service provider startup Mollie's €90m new cash injection, the last week was full of FinTechs completing funding rounds.

Climate-risk focused InsurTech Descartes Underwriting has closed a $18.5m series A funding round co-led by Cathay Innovation and Serena.

Generali Global Corporate & Commercial has teamed up with underwriting InsurTech platform Descartes Underwriting to offer parametric insurance products.