In 2024, Descartes achieves major milestones in parametric insurance, delivering impactful solutions and expanding globally:
- Growth: Reached $200M+ GWP, hired 100+ employees, and opened 5 new offices.
- Client-Centricity: Enhanced resilience for clients facing natural disasters like hurricanes, typhoons, floods, and droughts.
- Innovation: Launched 35+ products covering 20+ perils, including the Satellite-based tornado coverage for US solar farms.
- Thought Leadership: Led and participated in 95+ global events, shaping the future of parametric insurance.
