Descartes Underwriting is an InsurTech company specializing in parametric insurance solutions for climate and emerging risks. They offer data-driven, AI-powered insurance products that provide swift payouts based on predefined events like natural disasters. Their target audience includes corporate clients and governments worldwide. The unique selling proposition is their use of advanced technologies like IoT and satellite imagery to model risks, ensuring transparent and efficient claims processes without on-ground assessments. This approach allows for cost-effective and precise protection against climate-related losses, setting them apart from traditional insurance models[1][3][4].