Arbol (Accelerator)

Company Description: Arbol is a parametric coverage marketplace that allows clients to create contracts that cover losses from unexpected weather. The platform aims to reshape the weather risk market by combining the power of big data and machine learning with smart contracts to allow users to get paid automatically when adverse weather, as measured by local weather data, leads to financial loss. The platform features both custom products and pre-designed products serving the needs of businesses and farms across industries and sizes. The marketplace approach combined with partners across the insurance industry allows clients to receive competitive pricing. For capital providers, weather risk marketplace promises to be a new, uncorrelated source of returns mirroring the success of the catastrophe bond markets. By building this platform, Arbol aims to bring scale, transparency, and efficiency to the weather risk market.