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Descartes aims to revolutionise parametric earthquake risk transfer

November 18, 2021


Descartes Underwriting, the insurance technology (insurtech) focused managing general agency (MGA) that specialises in parametric and data-driven risk transfer products, has announced a new partnership that aims to revolutionise the way parametric earthquake risks are transferred.

Descartes Underwriting has partnered with the Global Earthquake Model (GEM) Foundation, an international public-private partnership focused on the development of open-source hazard and risk assessment software, tools and data.

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