Sector
Parametric insurance companies
48 companies · 149 stories · $195.6M disclosed
Cover that pays on a measured trigger rather than an assessed loss, and the catastrophe and climate models behind it. Insurtech Daily tracks 48 companies working in parametric insurance — 21 insurtechs, 11 technology vendors and 5 insurers, across 149 stories going back to Oct 31, 2024. Between them they have disclosed $195.6M across 11 funding rounds, the largest Stand's $70M. Every figure is compiled from the coverage on this page.
This page is the companies. See what parametric insurance actually means and the running coverage in Property & Cat.
Funding
| Company | Stage | Lead investor | Source | ||
|---|---|---|---|---|---|
| Stand | $70M | Series C | — | Coverager+2 | |
| Stand | $35M | Series B | — | FinTech Global | |
| InRisk Labs | $27M | Series A | — | Indian Startup News+3 | |
| Parametrix | $27M | Series B | — | Reinsurance News+1 | |
| RockRose Risk | $12.5M | Series A | — | Insurance Nerds+5 | |
| Sola | $8M | Series A | — | PR Newswire+4 | |
| Otonomi | $5M | Series A | — | Program Business | |
| Floodbase | $5M | — | — | Artemis.bm | |
| Sola | $3.7M | Seed | — | Reinsurance News+1 | |
| Mantas | $1.8M | Seed | — | TechAfrica News+1 | |
| Poncho | $616Kas reported: CHF 550K | — | — | Startupticker.ch |
Every round is listed with its reporting in the funding tracker, and totals across every sector in the company ranking.
Companies
| Company | Type | Market | Stories | Disclosed |
|---|---|---|---|---|
| Verisk | Technology vendor | United States | 23 | — |
| QBE | Insurer | Australia | 20 | — |
| Orion180 | Insurer | United States | 10 | — |
| Sola | Insurtech | United States | 8 | $11.7M |
| Parametrix | MGA | United States | 7 | $27M |
| RockRose Risk | Broker | United States | 7 | $12.5M |
| Stand | Insurtech | United States | 6 | $105M |
| InRisk Labs | Insurtech | India | 5 | $27M |
| Arbol | Insurtech | United States | 5 | — |
| FortressFire | Technology vendor | — | 4 | — |
| Delos | MGA | United States | 3 | — |
| KatRisk | Technology vendor | United States | 3 | — |
| Neptune | MGA | United States | 3 | — |
| Palomar | Insurer | United States | 3 | — |
| SAGE | Insurtech | — | 3 | — |
| Mantas | Insurtech | United Arab Emirates | 2 | $1.8M |
| Amwins Global Risks | Broker | United Kingdom | 2 | — |
| Blink Parametric | Insurtech | Ireland | 2 | — |
| Descartes | Insurtech | France | 2 | — |
| Kettle | MGA | United States | 2 | — |
| McKenzie Intelligence Services | Technology vendor | United Kingdom | 2 | — |
| Mythen | Insurtech | Bermuda | 2 | — |
| Send Technology | Technology vendor | United Kingdom | 2 | — |
| Synthetik | Technology vendor | — | 2 | — |
| ZestyAI | Technology vendor | United States | 2 | — |
| Floodbase | Insurtech | United States | 1 | $5M |
| Otonomi | Insurtech | United States | 1 | $5M |
| Poncho | Insurtech | United States | 1 | $616K |
| Ariel Re | Reinsurer | Bermuda | 1 | — |
| BirdsEyeView | Insurtech | — | 1 | — |
| Blue Marble | Insurtech | United States | 1 | — |
| Celest.Science | Technology vendor | France | 1 | — |
| CelsiusPro | Insurtech | Switzerland | 1 | — |
| Flood Re | Reinsurer | United Kingdom | 1 | — |
| Ibisa | Insurtech | Netherlands | 1 | — |
| Juniper Re | Broker | — | 1 | — |
| MIC Global | Insurtech | — | 1 | — |
| National Flood Insurance Program | Insurer | United States | 1 | — |
| Pano AI | Technology vendor | United States | 1 | — |
| PERILS | Industry body | Switzerland | 1 | — |
| Previsico | Insurtech | United Kingdom | 1 | — |
| Pula | Insurtech | Kenya | 1 | — |
| RenaissanceRe | Reinsurer | Bermuda | 1 | — |
| Riwe | Insurtech | Nigeria | 1 | — |
| Selective Insurance | Insurer | United States | 1 | — |
| Terrafuse AI | Technology vendor | United States | 1 | — |
| Torrent Technologies | Technology vendor | United States | 1 | — |
| Veltha | Insurtech | — | 1 | — |
Where they are
Coverage
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IA Capital Group Announces Initial Close Of Inter-Atlantic Opportunity Fund I With QBE Insurance Group As Anchor Investor
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Learn Why The Bull Case For QBE Insurance Group (ASX:QBE) Could Change Following Fund Backing
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Lloyd’s syndicate Cortina launched by Aon and Blackstone funds with QBE as managing agent
Cortina syndicate 1956, a new syndicate at the specialist Lloyd’s insurance and reinsurance marketplace that will provide dedicated, multi-year reinsurance capacity, has been launched by global broking group Aon and…
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IA Capital Group secures backing from QBE for new fintech and insurtech investment fund
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IA Capital Group secures backing from QBE for new fintech and insurtech investment fund
IA Capital Group, a New York-based venture capital investment firm focused on financial technology and insurance technology, has confirmed the first close of its Inter-Atlantic Opportunity Fund I. The investment…
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IA Capital Group Announces Initial Close of Inter-Atlantic Opportunity Fund I, Anchored by QBE Insurance Group
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Lazarus AI raises $43 mn with backing from QBE and State Farm Ventures
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Financial results round-up: Palomar, Safety, HCI, Primerica, Root, Genworth, Clover
Seven insurers report Q3 2026 results as specialty premiums climb and acquisition timelines draw closer
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QBE and State Farm Ventures back Lazarus AI
Lazarus AI is developing AI tools for document processing, cybersecurity and legacy system modernization.
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Legacy Specialist RiverStone Enters ILS Market; Completes QBE Loss Portfolio Transfers
RiverStone International, the Bermuda-based legacy acquisition specialist, announced two major loss portfolio transfer (LPT) reinsurance deals, including its first involving the insurance-linked securities (ILS) market.…
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PERILS places final industry loss from Australia East Coast SCS at AU$1.6bn
PERILS, the Zurich-based catastrophe insurance data provider, has disclosed its fourth and final industry loss estimate for the Australia East Coast Severe Convective Storms (SCS) of late October 2025, placing the loss…
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RiverStone International completes $1.6bn LPT reinsurance transactions with QBE
Global legacy acquirer RiverStone International has completed its previously announced loss portfolio transfer (LPT) agreements with QBE Insurance Group, representing approximately $1.6 billion in reserves. The…
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Aon and SAGE launch precision crop insurance program for US states
Aon, a global professional services firm, has partnered with SAGE, an AI-native agricultural risk intelligence company, to launch a new precision crop insurance program in the US to assess agricultural risk more…
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Aon and SAGE launch precision crop insurance program
The broader program is planned for 15 states for the 2027 crop year.
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Markets & Coverages: Aon and SAGE to Use AI to More Precisely Price Crop Insurance
Insurance broker Aon and SAGE, an agricultural risk intelligence company, are launching a crop insurance program in the U.S. they say will assess agricultural risk more accurately and help price insurance more…
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Verisk expands insurance intelligence access across AI platforms
Verisk, a strategic data analytics and technology partner to the global insurance industry, has broadened insurers’ access to its proprietary intelligence through enterprise AI platforms. The firm has unveiled new…
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Verisk brings insurance intelligence to AI platforms
The new integrations build on the launch of Verisk Underwriting Intelligence in Claude earlier this year.
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Verisk adds Amazon Quick and Microsoft Copilot integrations
The integrations follow the launch of Verisk Underwriting Intelligence in Claude earlier this year.
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RenaissanceRe posts $161 million loss
The quarter was a mix of investment losses, a shrinking premium base and property reserve releases supporting underwriting profits.
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Synthetik and Marsh Re extend CityScape collaboration
Synthetik Insurance Technologies (Synthetik), a provider of advanced modelling tools for man-made and natural catastrophe risk, has extended its agreement with Marsh Re for a further three years, covering extensive…
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LM Re to tackle missing data in parametric cover with Celest.Science collaboration
Liberty Mutual Reinsurance (LM Re), the sole treaty reinsurance business of the Liberty Mutual Insurance Group, has partnered with Celest.Science, a French climate-tech startup, to develop a robust fallback methodology…
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Verisk loses Delaware Supreme Court appeal and keeps pursuing AccuLynx deal
The insurance data giant tried to walk away from buying the roofing software firm after an FTC review dragged on. Delaware’s highest court has now upheld an order requiring it to see the process through.
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Donegal expands partnership with ZestyAI, adding Z-PROPERTY
Donegal Insurance Group has expanded its partnership with ZestyAI, a provider of AI-driven insurance risk analytics, adding Z-PROPERTY™ to deepen its understanding of the properties and exposures across its personal…
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The Latest Launches from Orion180, Arbol, Zywave
Orion180 Insurance Group Inc., a provider of homeowners and flood insurance, announced the launch of FlexLuxe Homeowners Insurance in certain coastal counties in Florida and throughout Texas. This is a specialized…
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Arbol launches first-of-its-kind cover for data centre regulatory moratorium risk
Arbol, the AI-native insurer, has launched a Data Center Regulatory Moratorium Cover, a first-of-its-kind product that transfers the risk of government action halting or suspending data centre construction. The product…
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Arbol launches parametric insurance for gov-imposed data center construction moratoriums
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Insurtech Stand raises $70 mn Series C at $1 bn valuation
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Stand secures $70m Series C Funding to grow resilient home insurance business
Stand, a property insurance company that helps homes withstand natural disasters, has secured $70 million in Series C funding at a $1 billion valuation. Announced on 15 October 2026, the investment takes the company’s…
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Stand raises $70 million
Stand now insures more than $10 billion of property.
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People Moves: WTW Names Beaton Dir. of ICT Underwriting; Parametrix Hires Stephens to Lead US Underwriting; Gaffigan Heads Lockton US Casualty
WTW appointed Darrel Beaton as director of underwriting within the company’s Insurance Consulting and Technology (ICT) business. WTW’s ICT business is a global leader in P/C, life, and health insurance software and…
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Flood Re sets out plans for UK-wide flood resilience information platform
Flood Re, a joint initiative between the UK government and the insurance industry designed to improve access to affordable flood insurance for households at risk, has announced plans to expand BeFloodReady into a…
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Ibisa hires Generali's Singh to lead Indian parametric insurance expansion
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KatRisk appoints David Vicary as International Product Lead
KatRisk, a provider of catastrophic risk modelling software for the insurance and financial services industries, has announced the appointment of David Vicary as International Product Lead. In his new role, Vicary will…
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People Moves: Selective Insurance Names Kalia Chief Investment Officer
Selective Insurance Group Inc., headquartered in Short Hills, New Jersey, appointed Vaibhav (Vaib) Kalia as executive vice president and chief investment officer. Kalia has served as interim chief investment officer…
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One Call launches digital-first Zen Insurance with Verisk and Applied Systems
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Dr Clement Atzberger to lead Arbol’s new Innovation Unit as Chief Scientist
Arbol, the AI-native insurer, has launched an Innovation Unit to be led by Dr. Clement Atzberger, who has been appointed as Chief Scientist. The new unit will develop modelling, data and underwriting research that will…
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Canopius replaces QBE as Castle Insurance underwriter
Castle offers home and contents insurance through brokers and has been operating for approximately 12 months.
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Neptune Insurance names David Noble as independent board member
Neptune Insurance Holdings, Inc., the parent company of Neptune Flood Incorporated, an AI-native managing general agent focused on flood insurance, has appointed David Noble as an independent member of its Board of…
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One Call launches digital-first Zen Insurance with Verisk and Applied Systems
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Neptune Insurance brings flood insurance shopping to AI agents
The 40 most recent of 149 stories naming one of these companies.