A Simple & Transparent Cover
Your policy is structured around objective indices (e.g., rainfall, temperature, soil moisture, or area yields) with a pre-agreed indemnity.
We monitor the evolution of the chosen parameters using trusted third-party and satellite data to determine whether thresholds are met.
When a triggering event occurs and loss is notified, clients are indemnified within days, without on-site loss adjustment.
capacity per contract
large corporations and public entities covered
of our brokers say that Descartes is a leader in risk modeling
Fast & Transparent Payouts
indemnification upon receipt of all required documentation, in most cases
With Descartes, parametric structures remove lengthy, subjective claims processes. After an event, verified data confirms whether thresholds are met; once loss is declared, payment follows swiftly under the agreed terms.
Claims Process
- Notify Descartes of the loss.
- Verification: final event/intensity data is collected from the certification agent to confirm trigger and payout tier.
- Event report states the recoverable amount per your policy structure.
- Declaration of Loss submitted by the client.
- Payout issued under policy terms to accelerate recovery.
What We Cover (Key Perils)
Tailored parametric solutions for weather-driven risks
Drought & Excess Heat
Flood & Heavy Rain
Spring Frost
Low Crop Yield
Tropical Cyclone
Non-Damage Business Interruption (e.g., supply shortfalls)
Who We Work With
Climate shocks ripple through these stakeholders—reducing yields, disrupting supply and squeezing margins—making rapid liquidity essential for continuity.
We protect organizations across the agricultural value chain, including:
✔︎ Producers & Cooperatives
✔︎ Processors & Traders
✔︎ Food & Beverage Companies
✔︎ Logistics & Agribusinesses
✔︎ Agricultural input providers (e.g., seed companies)
Common Structures
✔︎ Soil Moisture / Rainfall Index (Drought): Triggers when soil water levels or accumulated rainfall fall below a critical threshold—ideal for rain-fed crops.
✔︎ Area Yield Index (Low Crop Yield): Payouts when yields in a defined area drop under a pre-agreed level—well-suited to co-ops and portfolio covers.
✔︎ Temperature Thresholds (Spring Frost/Heat): Compensation triggered when temperatures cross critical levels during sensitive phenological stages (e.g., bud break in vineyards).
Getting a Quote
✔︎ What we need: location(s), crop type & hectares, desired policy limit, and loss history.
✔︎ When to engage: ideally ahead of the crop’s risk period so underwriters can analyze local data (rainfall, temperature patterns, etc.) and design an optimal structure.
✔︎ Set-up process: discovery of exposure and objectives → analysis of local indices → bespoke trigger & payout design aligned to your budget and risk tolerance → policy issuance.
Speak With Our Agriculture Lead
Strengthen your harvest resilience with a parametric cover designed around your exposures, risk appetite, and budget.
Guillaume Garin, with over 15 years of experience in the agricultural sector, leads Descartes’ agriculture strategy and supports brokers, clients, and partners in France and internationally in implementing parametric solutions.
Interested in a solution?
