What does Descartes Underwriting do?

Descartes Underwriting is a global leader in parametric insurance, providing innovative risk transfer solutions for corporations and governments. Founded in 2018 in Paris, the company operates as both a Managing General Agent (MGA) and a licensed full-stack insurer, serving over 400 clients across more than 20 offices in 10 countries. The company specializes in parametric insurance, which offers faster and clearer protection through predefined triggers. Its coverage includes climate-related risks, cyber insurance, natural catastrophes, and alternative risk transfer solutions. Descartes utilizes advanced technology, AI, and data-driven risk modeling to enhance underwriting accuracy and claims responsiveness. The company is committed to closing the global protection gap in insurance, aiming to provide cost-efficient coverage that helps businesses and governments build resilience against climate change and emerging risks.