Arbol is building a platform for the delivery of parametric insurance, powered by high resolution geospatial and weather data.
Arbol is building a platform for the delivery of parametric insurance, powered by high resolution geospatial and weather data.
Parametric insurance, much like derivative instrument in financial markets, is an insurance policy that automatically pays out if a specific event occurs (e.g., if rainfall is less than a predefined amount in a certain geographical area). initially targeting underserved farmers, but with broad applications.
Address:
New York - United States of America