Sector
Parametric insurance companies
33 companies · 93 stories · $113.1M disclosed
Cover that pays on a measured trigger rather than an assessed loss, and the catastrophe and climate models behind it. Insurtech Daily tracks 33 companies working in parametric insurance — 18 insurtechs, 8 technology vendors and 3 insurers, across 93 stories going back to Sep 11, 2024. Between them they have disclosed $113.1M across 9 funding rounds, the largest Stand's $35M. 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 | $35M | Series B | — | FinTech Global | |
| InRisk Labs | $27M | Series A | — | Indian Startup News+3 | |
| Parametrix | $27M | Series B | — | Reinsurance News+1 | |
| 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 |
|---|---|---|---|---|
| Willis Towers Watson | Broker | United Kingdom | 26 | — |
| Verisk | Technology vendor | United States | 9 | — |
| Sola | Insurtech | United States | 7 | $11.7M |
| InRisk Labs | Insurtech | India | 5 | $27M |
| Bamboo Insurance | MGA | — | 4 | — |
| Kin | Insurtech | United States | 4 | — |
| Stand | Insurtech | United States | 3 | $35M |
| Delos | MGA | United States | 3 | — |
| Parametrix | Insurtech | Israel | 2 | $27M |
| Mantas | Insurtech | United Arab Emirates | 2 | $1.8M |
| Blink Parametric | Insurtech | Ireland | 2 | — |
| Kettle | MGA | United States | 2 | — |
| McKenzie Intelligence Services | Technology vendor | United Kingdom | 2 | — |
| Mythen | Insurtech | Bermuda | 2 | — |
| Orion180 | Insurer | United States | 2 | — |
| Palomar | Insurer | United States | 2 | — |
| Send Technology | Technology vendor | United Kingdom | 2 | — |
| Floodbase | Insurtech | United States | 1 | $5M |
| Otonomi | Insurtech | United States | 1 | $5M |
| Poncho | Insurtech | United States | 1 | $616K |
| Arbol | Insurtech | United States | 1 | — |
| BirdsEyeView | Insurtech | — | 1 | — |
| Blue Marble | Insurtech | United States | 1 | — |
| CelsiusPro | Insurtech | Switzerland | 1 | — |
| ICEYE | Technology vendor | Finland | 1 | — |
| KatRisk | Technology vendor | United States | 1 | — |
| National Flood Insurance Program | Insurer | United States | 1 | — |
| Neptune | Insurtech | United States | 1 | — |
| Pano AI | Technology vendor | United States | 1 | — |
| Previsico | Insurtech | United Kingdom | 1 | — |
| Riwe | Insurtech | Nigeria | 1 | — |
| Terrafuse AI | Technology vendor | United States | 1 | — |
| Torrent Technologies | Technology vendor | United States | 1 | — |
Where they are
Coverage
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Ahmedabad-based insurtech startup InRisk Labs raises $27 million from Bessemer, Northpoint Capital
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Financial results round-up: MetLife, Prudential, Corebridge, Palomar, Heritage, and more
P&C carriers post improved combined ratios while life and retirement platforms show mixed underwriting results
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Financial results round-up: MetLife, Prudential, Corebridge, Palomar, Heritage, TWFG, Root and more
P&C carriers post improved combined ratios while life and retirement platforms show mixed underwriting results
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Parametric insurtech InRisk Labs raises $27 million in Series A round
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Willis and CBF launch first-of-its-kind coral reef parametric insurance programme
Willis, a WTW business, and the Caribbean Biodiversity Fund (CBF) have launched a first-of-its-kind parametric insurance programme to protect Caribbean coral reefs. Liberty Mutual will provide capacity, with…
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EarthRe gets reinsurance licence for GIFT City as parent InRisk Labs closes Series A
EarthRe Insurance IFSC Limited, a technology-driven, non-life reinsurance company, has become the first locally incorporated reinsurer in India’s GIFT City after receiving IFSCA approval for its reinsurance licence, as…
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Insuretech startup InRisk Labs raises $27M in Series A
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InRisk Labs Raises $27 Million as EarthRe Secures IFSC Reinsurance Licence
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Orion180 Launches Customizable Private Flood Insurance in California
Orion180 Insurance has rolled out a residential private flood insurance offering in California. The product provides up to $1 million in building coverage, waiting periods as short as 10 days and a streamlined…
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Orion180 expands private flood insurance to California
The product offers up to $1 million in building coverage.
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WTW reports higher second-quarter revenue as AI investment weighs on earnings
Willis Towers Watson (WTW) reported higher second-quarter revenue but lower net income as acquisition-related costs weighed on earnings, while announcing a $625 million investment to accelerate artificial intelligence…
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Neptune isn’t building AI to replace agents
Neptune held its second-quarter 2026 earnings call on July 22. Here are the key takeaways.
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Verisk’s revenue expands to $1.59bn in H1’26
Verisk, a data analytics and technology provider to the global re/insurance industry, has reported revenues of $1.589 billion for H1 2026, up 4.1% from the same period of 2025. Despite the top-line growth, the firm’s…
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Verisk acquires McKenzie Intelligence Services to strengthen catastrophe analytics
Verisk has acquired McKenzie Intelligence Services (MIS), a UK-based provider of geospatial intelligence and event-response analytics, expanding its catastrophe risk and claims capabilities with real-time disaster…
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Verisk acquires McKenzie Intelligence Services to enhance catastrophe event insights
Verisk, a global data analytics and technology provider to the insurance industry, has acquired McKenzie Intelligence Services (MIS), a geospatial intelligence and event response company specialising in global real-time…
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Kin Launches Condo and Flood Insurance Options in California
Kin launched two new coverages for California homeowners — condo (HO6) insurance and a flood insurance add-on to Kin home insurance policies. The condo policies are designed to account for wildfire mitigation steps a…
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KatRisk appoints Eric Robinson as Vice President of Research and Development
KatRisk, a catastrophe risk modelling company that provides analytics and insights to support the insurance and reinsurance sectors, has appointed Eric Robinson as its new Vice President of Research and Development.…
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Willis urges data centre sector to rethink insurance buying amid AI demand growth
As rapid expansion in digital infrastructure and AI-driven demand reshapes the technology landscape, insurance broker Willis, a WTW business, urges data center owners, developers, builders, operators and investors to…
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Over-insured data centers are a growing problem, Willis says
The broker says AI-driven capacity demand is outrunning actual risk quantification at many sites
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Over-insured data centres are a growing problem, Willis says
The broker says AI-driven capacity demand is outrunning actual risk quantification at many sites
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Blue Marble and MAPFRE partner to expand parametric climate insurance
Blue Marble Microinsurance has partnered with MAPFRE to expand access to parametric insurance solutions in markets with significant protection gaps.
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Willis Towers Watson (WTW) Launches New Pension Tools And Expands Digital Insurance Reach
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Bamboo Insurance adds $150 million in admitted California homeowners' capacity
The partnership adds to a wave of capacity moves following the state's Sustainable Insurance Strategy reforms
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Is WTW’s KwantSure Partnership Quietly Rewiring Its Digital Risk Solutions Narrative (WTW)?
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Willis, Kayna partner with Kwant on subcontractor insurance
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Willis and Kayna launch embedded insurance program for subcontractors in partnership with Kwant
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Willis, Kayna partner with Kwant on subcontractor insurance
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Willis, Kayna and Kwant Launch KwantSure Embedded Insurance Program for Construction Workforce Compliance
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Willis Towers Watson US LLC And Kayna Partner With Kwant To Launch Embedded Insurance Program For Subcontractors
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Kayna and Willis target subcontractor insurance gaps
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Willis, Kayna and Kwant Launch KwantSure Embedded Insurance Program for Construction Workforce Compliance
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Willis, Kayna and Kwant Launch KwantSure Embedded Insurance Program for Construction Workforce Compliance
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Willis and Kayna partner with Kwant to launch new embedded insurance program for subcontractors
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Duck Creek acquires London-based insurtech Send Technology
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How insurers should deploy AI without the pitfalls: WTW
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Nigerian Insurtech Riwe Secures UNDP Funding to Bring Climate Insurance to Farmers
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Willis warns leaders over AI governance gap
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Insurance moves: Verisk, MSIG USA, Arch Insurance
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Verisk Adds McKinsey Insurance and AI Strategist Pradip Patiath to Board as Data Analytics Competition Intensifies
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One Call launches digital-first Zen Insurance with Verisk and Applied Systems
The 40 most recent of 93 stories naming one of these companies.