About Descartes Insurance — Descartes
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Descartes Insurance

Introducing Descartes Insurance, the next generation corporate insurer against the full spectrum of climate and emerging risks.Since our founding, Descartes has been gaining momentum in the market. With a global client base spanning all industries and an increasingly unparalleled in-house climate risk expertise, the time has come for us to be able to offer the market the services of a full-fledged risk carrier. Through Descartes Insurance we are able to open our coverage up to a wider range of exposed clients in France, and soon other European countries, as we revolutionize the insurance process from quotation to claims payment.With Descartes Insurance, we take our commitment to providing the best corporate coverage against all of the risks associated with a shifting climate and risk landscape a step further, introducing increased flexibility to meet the needs of clients not covered by the commercial market. Whether capacity for their exposures has all but disappeared, or they are considered too small by traditional carriers, Descartes Insurance leverages our underwriting expertise and advanced technologies to offer fresh capacity through customized coverage.   
About Descartes Insurance
About Descartes Insurance

Science driven, client-first

Our focus remains intact, as does our science driven, client-first approach. This advance allows Descartes Insurance to become more tightly aligned and responsive to customer needs through a shortened value chain and the increased flexibility of Descartes suite of products and services. These may now be expanded to include additional exposures, emerging risks, and product lines that create seamless insurance solutions issued alongside Descartes’ proven parametric structures. 

For both Descartes Underwriting and Descartes Insurance, this milestone further strengthens the firm’s partnerships and commitment to providing best-in-class, responsive service and solutions to corporate brokers and their clients.

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Where climate risks, cutting-edge technology and expertise meet to better serve you.

Outpacing the industry with a growing tech team of 120+ underwriters, engineers, PhD data and climate scientists, Descartes expertise in understanding and pricing natural risks is unparalleled. Now, with Descartes Insurance, we can leverage our in-house expertise to directly issue insurance policies.

From quotation, to claims payment and renewals, Descartes Insurance is infusing technology to revolutionize the insurance process and client experience. Beyond our scientific aptitude and agility, we’ve structured a tech-driven finance and ops system designed to be responsive, transparent, and client-first. Integrating the best technologies and investing heavily in R&D, we provide straightforward, affordable coverage for mid-market clients of all industries against the full spectrum of climate and emerging risks.

About Descartes Insurance

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About Descartes Insurance

By combining risk analysis, underwriting, and risk capital within a single regulated entity, Descartes Insurance is able to offer insurance protection to a wider range of exposures and clients.

Already the choice of more than 250 commercial insurance buyers world-wide, Descartes’ success underlines the value of data-driven insurance. Every Descartes Insurance policy is secured by the strict solvency requirements of EU regulators, and the financially solid backing of highly rated reinsurers. Every Descartes Insurance client is secure in the knowledge that they are covered seamlessly by the certainty delivered through data-driven indemnity. Ready to discover how Descartes Insurance can make your business more resilient?

Frequently asked questions

What range of capacity can be offered by DI?

Descartes Insurance is backed by a panel of A-rated (re)insurers and is able to offer capacity to mid-market clients. For larger risks, Descartes continues to provide corporate solutions with up to $200M capacity per contract offered through Descartes Underwriting, with the backing of tier-one third party risk carriers.

Where is Descartes Insurance able to issue policies?

Descartes Insurance can issue policies in France (including DOM TOM), and expects to have the capacity to do so in the near future in a number of other countries in the European Economic Area under Freedom of Establishment rules.

What lines of business will Descartes Insurance underwrite?

In full continuity with Descartes Underwriting and our commitment to a science-driven, client-first approach, protection against extreme weather, natural catastrophes, and emerging risks will comprise the main focus of Descartes Insurance. 

However, with the creation of a risk-carrying insurer (Descartes Insurance), Descartes’ product range will continue to evolve. This may include parametric products which provide natural catastrophe and climate protection to a wider range of clients, and in time, additional exposures, emerging risks, and product lines that create seamless insurance solutions.

What is the Descartes Insurance claims process?

Claims submitted to Descartes Insurance are handled entirely in-house. We leverage our advanced technology and proximity as a risk carrier to deliver a transparent, smooth, and extremely time-effective process in which the client experience leads the industry.

What is the relationship between Descartes Insurance and Descartes Underwriting?

Within the Descartes Group, Descartes Underwriting is the parent company of Descartes Insurance. 

Descartes Insurance is an entity of the Descartes Group licensed as a full-stack risk carrier by the ACPR (Autorité de contrôle prudentiel et de résolution) in France. The launch of Descartes Insurance represents a key milestone for the growth of Descartes, enabling a wider product offering, tech-driven service, and client range.

Globally, Descartes Underwriting will continue to operate as an MGA, in full continuation and valued partnership with the world’s most prominent risk carriers to offer parametric covers against the full spectrum of Nat Cat & climate risks.

What does this mean for Descartes Underwriting?

Within the Descartes Group, Descartes Underwriting is the parent company of Descartes Insurance. 

Descartes Insurance is an entity of the Descartes Group licensed as a full-stack risk carrier by the ACPR (Autorité de contrôle prudentiel et de résolution) in France. The launch of Descartes Insurance represents a key milestone for the growth of Descartes, enabling a wider product offering, tech-driven service, and client range.

Globally, Descartes Underwriting will continue to operate as an MGA, in full continuation and valued partnership with the world’s most prominent risk carriers to offer parametric covers against the full spectrum of Nat Cat & climate risks.

Are there different points of entry between Descartes Underwriting (MGA) & Descartes Insurance?

Whether a policy is issued by Descartes Insurance or a third-party carrier, the key contact entry point remains the same. Together with your broker, the key contact will direct you to the appropriate entity for placing your program. It’s the same client-first working relationship as before, but with greater flexibility and the ability to serve a wider range of customers and brokers world-wide.

Are you still going to work with brokers?

Brokers will remain the exclusive distribution channel and partner of the Descartes Group. The distribution model is expected to remain unchanged, with business sourced by our broker partners, irrespective of whether the risk is ultimately carried by Descartes Insurance or a third-party insurance partner.

Who can I contact in case of customer complaints?

Your satisfaction is important to us. To file a complaint, please contact: customer-complaint@descartesunderwriting.com

Your satisfaction is important to us

To file a complaint, please fill in the form below or contact: customer-complaint@descartesunderwriting.com