Arbol provides parametric climate risk insurance that uses AI‑driven underwriting and objective third‑party data to deliver fast, dispute‑free payouts for events like droughts and floods. Its end‑to‑end platform enables small farmers, corporations, and banks in over 15 countries to obtain coverage that traditional insurers cannot scale, with claims often settled within two weeks.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional insurance struggles to scale coverage for climate‑related risks, leading to delayed payouts, disputes, and a large protection gap that leaves small farmers, corporations, and financial institutions vulnerable to natural disasters.
Solution
Arbol offers parametric climate risk insurance that triggers payouts based on objective, third‑party data rather than loss assessments. An AI‑driven underwriting engine evaluates exposure using a broad data infrastructure, enabling rapid, dispute‑free claims processing within weeks of a qualifying event. The platform delivers scalable coverage across a spectrum of clients, from individual farmers to large enterprises, closing the global protection gap for climate volatility. By integrating data analytics, pricing models, and a broker‑friendly interface, Arbol streamlines enrollment and policy management for climate risk mitigation.
Target Audience
Primary customers are agricultural producers, corporate risk managers, and financial institutions (including banks and insurers) seeking efficient, scalable protection against climate‑related losses.
Features
- AI/ML underwriting engine that quantifies climate exposure and prices coverage with high precision
- Parametric trigger mechanism based on verified third‑party weather and disaster data, eliminating claim disputes
- End‑to‑end platform for agents and brokers to enroll clients, manage policies, and monitor risk in real time
- Rapid payout workflow that can issue payments within two weeks after data verification
- Extensive global data infrastructure covering 15+ countries to support diverse climate risk products