Our Solutions

We’re disrupting the industry by introducing parametric insurance.

Breaking the Cycle

By triggering swift payouts when predetermined conditions are met, we’re breaking the cycle of uncertainty.

Through parametric insurance products, Arbol offers swift, objective, and scalable coverage, addressing specific climate risks with no room for disputes or delays.

This innovative model not only closes the global protection gap but also ensures that from the smallest farmers to large corporations, all have access to reliable protection against climate volatility.

Try it Out

Try out these example scenarios or contact us today.

Contact Us
Step 1
Select a peril in your location.

In this example, say you’re looking to protect your business in Kansas against low precipitation during the spring.

Selected Peril

Low Precipitation

Selected Location

A County in Kansas

Step 2
Set a limit of liability and select a trigger.

Now, let’s say you’ve already set $500,000 as your Limit of Liability. Based on the historical 30-year data for the given location in Kansas, choose an available precipitation trigger to calculate a premium:

Trigger Options
Calculated Premium
$36,340
Calculated Premium
$41,700
Calculated Premium
$63,650
Step 3
Let weather happen.

Based on your chosen parameters, if it rains less than your trigger during the spring at your business in Kansas, you will receive a payout depending on the rain amount:

Spring Rainfall
Projected Payout

$125,000
Projected Payout

$250,000
Projected Payout

$500,000
Projected Payout

$125,000
Projected Payout

$250,000
Projected Payout

$500,000
Projected Payout

$125,000
Projected Payout

$250,000
Projected Payout

$500,000
View Projected Payout Table
The Benefits of Parametric

Parametric insurance operates on an efficient model that pays out based on the occurrence of predefined triggers.

Scalable Coverage

Easily extends protection to stakeholders often overlooked by traditional insurance, such as small-scale farmers and remote communities.

Efficient Claims Process

Streamlines payouts, reducing administrative delays and accelerating recovery efforts.

Transparent Criteria

Utilizes clear, data-driven triggers for payouts, enhancing trust and understanding among all parties involved.

Underwriting

Unique Al underwriter incorporating cutting edge climate science with systematic portfolio management techniques.

Technology

Extensive data infrastructure, smart contracts and digital platforms to streamline insurance and derivative transactions.

Capital

Diversified risk capacity to deliver
competitive pricing to customers.

Qualifying Event
Occurs

Parametric Insurance

Step 1

Verify against objective, third-party data after a qualifying event

Step 2

Payment issued in as little as 2 weeks after data verification

Traditional Insurance

Step 1

Insured assesses damage after a qualifying event

Step 2

Insured submits claim

Step 3

Insurer reviews claim

Step 4

Adjuster assesses and validates claim

Step 5

Claim is paid based on completion of assessment

Frequently Asked Questions

Explore our FAQ to learn how Arbol leverages technology for parametric insurance, managing climate risks effectively for diverse industries.

What is parametric insurance?

Parametric insurance is a type of insurance that pays out when a specific event occurs, rather than based on the actual loss incurred. It uses predefined parameters or triggers, such as a certain amount of rainfall, wind speed, or temperature, to determine when a payout is made.

What is the pricing structure for Arbol’s insurance policies?

The pricing of Arbol’s insurance policies is based on several factors, including the type of peril covered, the geographic location, the specific parameters set for the triggers, and the desired payout amount. Premiums are calculated using sophisticated risk models that consider historical weather data and current climate trends.

How quickly are claims processed with Arbol?

One of the key advantages of parametric insurance with Arbol is the speed of claims processing. Because payouts are triggered automatically based on verified data, claims can be processed and paid out within a few weeks, sometimes within days, after the trigger event is confirmed. This contrasts with traditional insurance claims, which can take months or even years to settle.

How are payouts determined in parametric insurance policies?

Payouts in parametric insurance are determined based on the predefined parameters set in the policy. For example, if a policy is designed to pay out if rainfall exceeds 10 inches over a 24-hour period, the payout is made once the data shows that the trigger condition has been met. The amount of the payout is specified in the policy and is not dependent on the actual financial loss incurred by the policyholder.

Can Arbol’s insurance policies be customized to specific needs?

Yes, Arbol’s insurance policies can be highly customized to meet each customer's specific needs. Users can define the exact weather conditions they want to insure against, set the payout parameters, and choose the coverage amounts. This flexibility allows for tailored solutions that address the unique risks faced by different businesses and individuals.

Product Pricing Request

Are you interested in our products and want to request pricing tailored to your needs? Fill out our form and our team will provide you with a personalized quote.

Thank you, your submission has been received. Our team will get back to you shortly.
Sorry, something went wrong while submitting the form. Please try again.
Derivatives

Explore Agriculture
Solutions

Derivatives

Explore Energy
Solutions

Get Started

Get started with the Arbol platform today.

Our PlatformContact Us