Coverage Has Never Been This Simple.
Arbol is an insurtech platform for parametric products that pay quickly and fairly covering external risks such as unexpected weather. The company uses Big Data, machine learning, and smart contracts to bring transparency and efficiency to the weather risk market. Its platform facilitated hundreds of deals for institutional clients representing more than $15 million in notional risk over its first eight months of live transactions.
Arbol, a leading climate risk solutions provider operating in over 15 countries, announced today that it has closed a $60 million Series B funding round, …
The market for climate insurance is estimated to triple in the next decade.