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Meteo Protect
Information by Research Trustfinance
Founded in 2011 in Paris, France, Meteo Protect established itself as a leader in parametric weather insurance. Operating as a Managing General Agent (MGA), the company designed, underwrote, and managed index-based weather insurance policies for businesses in sectors like agriculture, energy, leisure, and construction. They utilized advanced climate data analysis and a proprietary SaaS platform named Vivaldi to customize coverage and automate claims processing based on predefined weather triggers. In July 2022, Meteo Protect was acquired by Descartes Underwriting, a larger parametric insurance MGA, and its operations and team have since been integrated into the Descartes brand.
France
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Financial
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