Anthony R. O’Donnell // February 22, 2022
(Image credit: WikiImages/Pixabay.)
Descartes Underwriting, a Paris-based parametric-specialized provider of corporate insurance against natural catastrphe and climate risks, has formed a partnership with Reask (Sydney), a tropical-cyclone risk analytics firm. The partnership aims to promote the advancement of parametric cyclone insurance products by combining Descartes’ ability to incorporate state-of-the-art technology into its parametric product design, with Reask’s cutting-edge wind speed data, according to a Descartes statement.
Kevin Dedieu, Co-founder & Head of R&D, Descartes Underwriting.
The partnership addresses the threat of