We accelerate parametric insurance to ensure that life and business worldwide continue.
With climate change.
Products
Technologies
Consulting
Industries
Brokers
From risk analysis to execution
We support brokers with a strategic interest in weather, agro and NatCat products. Based on large-scale climate data provided by meteorological, hydrological, geological or space agencies we analyse risks, structure index insurance solutions and support best execution in highly specialised markets.
• Risk analysis and solution design
• Structuring of risk transfer products
• Design of company specific and country-wide schemes
• Education services
Insurance companies
Drive growth and reduce costs
Our digitised solutions enable insurance companies to transform from traditional manual paper-based processes to highly efficient automated processes. The modular approach allows for changes of individual segments such as pricing, policy issuance or loss settlement into seamless front-to-back processes. Off-the-shelf solutions for weather, agriculture and parametric NatCat insurance products minimise cost and time to market for these lines of business.
• Consistent and efficient underwriting
• Streamlined processes
• Efficient claims handling and settlement
• Extensive reporting
Reinsurance companies
Gain price consistency and risk data enhancement through cedent companies
We provide highly specialised and customised pricing solutions for reinsurers to enable them to efficiently serve cedent companies. Our experience and longstanding collaboration with reinsurers and alternative markets allows us to provide best execution solutions for our clients.
• Automated pricing support
• In-depth modelling and market understanding
Government agencies and cooperatives
From micro to macro solutions
We provide risk analysis and solution designs to cooperatives and governmental agencies ranging from macro to micro index solutions against risks from climate change and natural hazards. Our technology empowers decision makers to identify key risks and to visualise the footprint of actual catastrophic events.
• Single platform for all relevant global datasets
• Best in class consultancy
• Risk analysis and product structuring
• Data aggregation on grids or administration levels
• Event footprint analysis within days including GIS shape files
SME and large corporations
Bespoke risk transfer solutions
Our extensive experience in weather risk management enables us to quickly grasp the weather dependency of companies and to statistically quantify their exposure. We believe that educating the decision makers about weather risk to be a cornerstone in building a longstanding weather risk management relationship. Being exceptionally well connected with risk takers, we find best execution solutions for clients.
• Risk analysis and solution design
• Structuring of risk transfer products
• Execution and settlement services
Agriculture
Single peril financial cover for agriculture
By utilising our extensive weather and climate data basis we supply corporates and individual growers involved in Agriculture bespoke parametric risk transfer solutions, involving precipitation, temperature, satellite imagery and crop yields.
• Risk analysis and feasibility studies for crops
• Structuring of risk transfer products
• Execution and settlement services
• Education services
Microinsurance
Global experience in microinsurance schemes
As Technical Assistance Facility manager of the InsuResilience Investment Fund (IIF) of KfW, a cornerstone of the G7 Initiative for Climate Change, CelsiusPro has an in-depth understanding of microinsurance schemes across the globe and has supported numerous companies in serving small-hold farmers’ insurance needs.
• Risk analysis and feasibility studies
• Structuring of risk transfer products
• Design of country wide schemes and industry solutions
• Education services
