We are entering a new era, one that will be defined by climate change, and one that will be punctuated by an increasing frequency and severity of natural disasters.
Currently there is a major insurance gap, with $130bn of uninsured natural catastrophe losses every year. Traditional insurance is either unavailable or unsuitable and these events are becoming the new norm.
BirdsEyeView is a European Space Agency funded InsurTech that builds parametric insurance products for climate-change risks. BirdsEyeView is a digital-first Managing General Agent (MGA) that uses space-data to design innovative parametric solutions.
At the heart of BirdsEyeView's offering is RAPTOR™, their proprietary algorithmic underwriting and quote and bind engine.
BirdsEyeView works with brokers and agents. Using RAPTOR™, they can diversify their product offering and ensure that gaps in their client's exposures are covered. This is insurance for the climate change era.