Arbol announced today the launch of a new parametric wildfire insurance product for commercial and residential properties, with coverage limits up to $10 million. The product will target high-risk wildfire regions in California, Colorado, Arizona, and other Western states. 

The program is backed by Somers Syndicate, a Lloyd’s syndicate, providing strong capital support for growth and reliability of payouts.

“There’s a deep need in the market for responsive, tech-forward wildfire coverage,” said Sid Jha, CEO of Arbol. “As traditional carriers abandon these markets, the gap between rising risk and available coverage is only growing, leaving homeowners, businesses, and entire communities increasingly exposed. Our wildfire product is designed to bridge that gap with speed, precision, and financial strength. By combining proven underwriting expertise, transparent parametric triggers, and robust reinsurance support, Arbol is bringing scalable capacity back to a market in crisis, efficiently, reliably, at a time when it’s needed most.”

In California alone, over 150,000 homeowners have lost access to private coverage in recent years, while the FAIR Plan has ballooned with limited coverage options and rising premiums. As climate change increases the frequency and intensity of wildfires, businesses and homeowners across the Western U.S. face a growing crisis: rising risk, shrinking protection.

Arbol’s parametric product delivers fast, transparent payouts triggered by objective wildfire indicators – such as satellite-confirmed fire proximity – eliminating the need for traditional loss adjustment and enabling rapid recovery. With maximum limits of $10 million, the product is designed to meet the needs of both residential and commercial policyholders facing rising deductibles, exclusions, and non-renewals in traditional markets.

The product will be led by Amit Shah, Collin Chen and Taimur Chaudhri, who collectively bring deep experience in building parametric wildfire portfolios with excellent underwriting results. Their expertise in parametric wildfire underwriting and distribution is a core part of Arbol’s strategy to scale into climate-exposed insurance markets where traditional carriers are pulling back.

The wildfire product is a natural extension of Arbol’s broader platform, which integrates AI-powered underwriting, advanced climate modeling, and proprietary reinsurance infrastructure to deliver fast, scalable insurance solutions in areas of increasing risk. Arbol has already applied this model successfully across hurricanes, global agriculture, and supply chain perils.

Arbol’s entrance into wildfire comes as part of a larger push to modernize climate risk transfer through vertically integrated infrastructure—combining product, technology, and capital to reach markets others can’t. With the addition of wildfire, Arbol is continuing to expand its reach into perils and geographies that define the frontier of climate-era insurance.

International Risk Solutions was acting as the intermediary in placing this program.

About Arbol

Arbol is building AI-powered financial infrastructure for climate risk transfer. The company integrates proprietary climate modeling, parametric and traditional insurance products, and embedded risk capital into one vertically integrated platform. Arbol’s products span agriculture, energy, property, and reinsurance—bringing scalable protection to climate-exposed markets worldwide. Learn more at www.arbol.io.

Media Contact

press@arbol.io