News
Arbol Raises $60 Million in Series B Funding to Scale Parametric Insurance
Read Announcement
Notional Risk Transferred
Global Non-CAT Parametric Climate Risk
Utilizing Arbol Products
Wouldn’t Have Access to Climate Risk Products
This gap is marked by delays, disputes, instances of fraud, and a lack of specific climate risk products, compounded by insufficient industry infrastructure to tackle the escalating challenge of climate catastrophes disrupting global supply chains.
Through parametric insurance products, Arbol offers swift, objective, and scalable coverage, addressing specific climate risks with no room for disputes or delays.
This innovative model not only closes the global protection gap but also ensures that from the smallest farmers to large corporations, all have access to reliable protection against climate volatility.
Verify against objective, third-party data after a qualifying event
Payment issued in as little as 2 weeks after data verification
Insured assesses damage after a qualifying event
Insured submits claim
Insurer reviews claim
Adjuster assesses and validates claim
Claim is paid based on completion of assessment
We leverage our expansive data infrastructure to retrieve industry-leading, institutional-grade climate data and models sourced from both public and government sources like NOAA, NASA, and the European Space Agency (ESA) as well as industry-leading commercial and private sources for underwriting our parametric coverage products.
Arbol utilizes AI and machine learning to enhance underwriting precision, optimizing risk assessment and pricing accuracy.
The Arbol platform integrates advanced data and pricing analytics to streamline and improve the process of enrolling clients in coverage for agents and brokers.
Arbol has flexible, dedicated risk capacity to support its product development, enabling it to offer bespoke and tailored solutions for a range of clients.
Arbol serves a diverse clientele, providing tailored insurance solutions that efficiently address unique climate-related challenges.
