Both Matthew James and Meryl Bermond will be attending the upcoming Global Programmes Europe event in London on September 18th! Matthew will also be speaking on a panel titled Parametric, Capital Markets, and Beyond from 2:40 pm - 3:20 pm. It's shaping up to be an insightful session, so make sure you don’t miss it. If you're attending the event, we'd love to connect—reach out, and we'll see you there! https://lnkd.in/e-U2GNN2 #ParametricInsurance #DescartesUnderwriting
Descartes Underwriting
Insurance
Paris, Île-de-France 28,735 followers
A new generation of insurance that builds resilience against climate, cyber, and emerging risks
About us
Descartes collaborates with brokers across the world to protect their corporate clients & governments against climate, cyber, and other emerging risks, through a unique data-driven approach. OUR PURPOSE Descartes was born out of the conviction that climate change calls for a revolutionary approach in insurance to better protect corporations and governments. Catastrophe and man-made disasters are increasing year on year under demographic pressure & climate change. At Descartes, we seek to help clients become more resilient, not just insure them. Resilience is greater than just protection; we aim to meet the evolving needs in our complex world by giving clients the ability and strength to quickly bounce back – empowering them to cope with climate change. HOW WE WORK Traditional insurance products are often not transparent, expensive, and with a slow claims process. At the forefront of AI for risk modeling, we challenge the status quo. We apply new technologies such as image recognition or machine learning combined with new generations of data sources, coming from satellites or IoT, to assess and manage risks. This makes our products fairer, since all pricing and underwriting is based on advanced data, faster and more accurate at paying claims. Our approach is parametric - clients know exactly which event triggers what payment. WHO WE ARE Descartes Underwriting is a MGA working only with brokers. We underwrite insurance policies on behalf of a selected number of first-tier insurers, reinsurers, and Insurance-Linked Securities funds. We have the capacity to underwrite $75 million per deal (up to $200M) and thanks to our partners, our span is global, with a special focus on serving U.S. business. Founded in the heart of Paris’ business district in 2018, we are proud to be a forward-looking, multicultural team of over 200 employees. We are backed by international risk carriers and financed with $141.5 million by BlackFin, Serena, Cathay, Highland Europe and Eurazeo.
- Website
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https://descartesunderwriting.com/?utm_campaign=Organic%20linkedin&utm_source=linkedin&utm_medium=social&utm_content=LinkedIn%20mainpage
External link for Descartes Underwriting
- Industry
- Insurance
- Company size
- 201-500 employees
- Headquarters
- Paris, Île-de-France
- Type
- Privately Held
- Founded
- 2018
- Specialties
- Insurance, Risk management, Weather risk, Managing General Agency, Insurance Linked Securities, Satellite, Remote sensing technologies, NatCat, Climate change, IoT, Data-driven, Non-life Insurance, Catastrophes, image recognition, custom-tailored, data science, InsurTech, climate risks, parametric , and parametricinsurance
Locations
Employees at Descartes Underwriting
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Marie Chabal Filleteau
Chief people officer | Career & performance development | Management & Leadership | Culture & Engagement | Growth
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🍵 Farzad FARID
Engineering Manager DevOps @ Descartes Underwriting
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Gaelle Olivier
On my way towards new adventures
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Eric Allombert
Chief Marketing & Communication Officer
Updates
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Mario Tucholke, Daniel Vetter and Alexandre Musy will be attending the GVNW Symposium from September 4th to 6th in Unterschleißheim, Germany. Don't miss Mario as he joins a panel discussion on September 5th at 14:00 titled 'Einbindung von parametrischen Versicherungen in eine Captive-Lösung'. Let us know if you're planning to attend — the team would love to connect to talk cyber, captive, and NatCat. See you there. https://lnkd.in/db7K7BJ #ParametricInsurance #DescartesUnderwriting #GVNWSymposium2024
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Thanks Basile Agay for featuring our CEO, Tanguy Touffut, in this insightful podcast episode. Tune in to explore an in-depth discussion (in French) on how Descartes is addressing the evolving insurance landscape shaped by climate change.
Saviez-vous que l'assurance est l’un des secteurs les plus exposés au dérèglement climatique ? 🚨 C'est aussi celui qui comprend le mieux ces enjeux et innove en conséquence. Dans le dernier épisode de Tomorrow Now, j'ai eu le plaisir d'interviewer Tanguy Touffut, co-fondateur de Descartes Underwriting, une insurtech révolutionnaire. 🌍 Découvrez avec nous : 🌪️ 𝗣𝗼𝘂𝗿𝗾𝘂𝗼𝗶 𝗹'𝗮𝘀𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗲𝘀𝘁 𝗲𝗻 𝗽𝗿𝗲𝗺𝗶𝗲̀𝗿𝗲 𝗹𝗶𝗴𝗻𝗲 𝗳𝗮𝗰𝗲 𝗮𝘂𝘅 𝗰𝗵𝗮𝗻𝗴𝗲𝗺𝗲𝗻𝘁𝘀 𝗰𝗹𝗶𝗺𝗮𝘁𝗶𝗾𝘂𝗲𝘀 : leur avance dans la compréhension des risques 🔮 𝗔𝘀𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗣𝗮𝗿𝗮𝗺𝗲́𝘁𝗿𝗶𝗾𝘂𝗲 : pourquoi c'est le futur de l'assurance, ancré dans la réalité sans rétrovision 🚀 𝗟𝗮𝗻𝗰𝗲𝗿 𝘂𝗻𝗲 𝗶𝗻𝘀𝘂𝗿𝘁𝗲𝗰𝗵 : le rôle crucial des réassureurs dans cette aventure 🔐 𝗖𝘆𝗯𝗲𝗿𝘀𝗲́𝗰𝘂𝗿𝗶𝘁𝗲́ : pourquoi, après le risque climatique, Descartes Underwriting s'attaque maintenant à la cybersécurité Une conversation passionnante et instructive sur l'avenir de la protection contre les risques climatiques. Ne manquez pas cet épisode ! 🎧 [Lien de l'épisode en commentaire] #TomorrowNow #ClimateTech #AssuranceParamétrique #DescartesUnderwriting #Innovation #Sustainability
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In today’s environment, only about half of natural disaster losses are covered by insurance. This has led many firms to explore captive insurance as an alternative solution, allowing them to navigate the challenges of a hardening market and write policies that aren’t typically available in the commercial market. Our SVP Business Development Manager, Brian Thompson, CPCU, ARe, will be attending the upcoming Bermuda Captive Conference from September 9th to 10th. If you’re also attending, don’t hesitate to reach out to Brian to explore how Descartes can support your captive’s risk financing needs. You can check the event here: https://lnkd.in/dXzJBjy We look forward to connecting with you there! #DescartesUnderwriting #ParametricInsurance #BermudaCaptiveConference #CaptiveInsurance
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Southeast Asia faces various natural disasters and extreme weather conditions that affect the renewable energy sector, especially wind power. To mitigate wind yield losses, a deep understanding of turbine-specific power curves and accurate wind speed measurements is essential. Descartes' parametric insurance, which uses data to model wind volatility risk, can effectively address this issue. In this video, Vania Hernandez Bello and Neha Yadav discuss how parametric insurance helps wind farm operators by offering tailored coverage based on weather data and client production capacities, ensuring responsive protection against revenue loss due to wind power volatility. You can also check the video here: https://lnkd.in/gTet7Veb #ParametricInsurance #DescartesUnderwriting #RenewableEnergy
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Descartes Underwriting reposted this
本日、WTW Japanese Risk Trendsセミナーでお話しします。 Today, I'll speak at the WTW Japanese Risk Trends Seminar.
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Descartes' Neha Yadav, our Business Development Director, and Zhi Wei Leong, our Business Development Associate, will be attending the Asia Power Forum at The Fullerton Hotel Singapore on the 29th of August. This forum offers an in-depth exploration of the power sector, tailored for both newcomers and seasoned professionals. If you're attending, be sure to connect with Neha and Zhi Wei to discover how Descartes’ parametric insurance solutions provide comprehensive protection for renewable energy projects against a wide range of weather-related risks. #DescartesUnderwriting #ParametricInsurance #AsiaPowerForum
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Check out this podcast on parametric insurance hosted by The Insurer' Henry Gale. Learn why parametric insurance remains relevant in a soft market, and hear about the advantages of parametric solutions for corporate and public sector from our UK & Ireland Commercial Director, Matthew James. Listen now: https://lnkd.in/eUzZVgGT #ParametricInsurance #DescartesUnderwriting
Parametric Podcast LIVE
events.theinsurer.com
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Lynn Raymond Roehrig, Descartes' Head of Business Development for Australia and New Zealand, and Ludovic Pailloux, our flood modeling Data Scientist, discuss the increasing flood exposure facing corporations, often resulting in insurance coverage gaps. A related risk is La Niña, characterized by unusually cold ocean temperatures, which significantly influences climate variability across Australia. Leveraging Descartes' advanced technology and expertise in precise flood risk assessment, we offer clients customizable protection with a flexible, transparent structure tailored to their unique needs. Discover the success story of a client who opted to embrace parametric insurance with our parametric flood solution. #DescartesUnderwriting #ParametricInsurance
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Off-shore or on-land renewable energy projects face a variety of risks throughout their life cycle. Discover how Descartes cover the full spectrum of risks face by renewable energy producers. #DescartesUnderwriting #ParametricInsurance