Demex Group, an analysis and pricing platform for climate-linked risks is partnering with algorithmic underwriting managing general agent Vave on the delivery of extreme temperature insurance to commercial properties across the US.
The intention is to embed Demex’s technology within Vave’s new commercial offering, which is designed to protect policy holders from the costs of extreme climate events.
This embedded insurance model is described as an amalgamation of Demex’s climate risk analytic expertise and Vave’s data-driven insurance offerings into a robust and effective climate resiliency tool.
