The challenge businesses face
Property damage events (fire, storms, water damage, structural failures, etc.) and the resulting business interruption can devastate companies of all sizes. Climate change, supply-chain complexities, and evolving risks make it harder to predict damage and loss. Without a forward-looking perspective, businesses may be under-insured.
What we offer
At Descartes Insurance, we deliver:
✓ Data-driven risk modeling, using diverse sources (massive data insights, climate projections, sensor data, etc.) to build an objective, data-driven and science-based vision of your risks.
✓ Fair and precise pricing, reflecting your unique risk profile—sector, location, built environment, risk mitigation measures.
✓ Forward-looking insights, so that your insurance evolves as risks do (e.g. climate, material, and risk prevention changes).
✓ Tailored coverage for property damage and the resulting interruption of your operations. We can combine traditional property insurance solutions with bespoke parametric covers targeting hard-to-insure assets and intangible losses.
Key features at a glance
✓ Broad sector coverage: Objective, data-driven and science-based vision of your risks.
✓ Climate and scenario modeling: Helps anticipate future risk, not just past events.
✓ Dynamic underwriting: As your exposure/mitigation changes, so can your cover.
How it works
Risk assessment
We analyze your exposure: property types, location, historic events, sectorial data, business structure, structural vulnerabilities, fire protection and climate risks.
Risk participation
We can participate as a lead insurer or co-insurer, depending on the risk and preferred structure.
Monitoring & mitigation
We incorporate data from sensors, inspections, and weather/climate forecasts to keep your risk profile up to date.
Who can benefit
Our Property Damage & Business Interruption cover is especially relevant to:
✓ Manufacturers, warehouses, production facilities, including sensitive activities
✓ Retailers with physical stores/distribution networks
✓ Service businesses (hospitality, hotels, restaurants)
✓ Institutions with high-value fixed assets (e.g. data centers, healthcare)
✓ Businesses operating in regions exposed to severe weather, wildfires, flooding, or other evolving natural perils
All sectors are eligible except those restricted by ESG considerations.
Examples of success stories
✓ Portfolio solutions to mutualize risks at a large scale with our broker partners
✓ Tailored cover for natural hazard–exposed sites, combining traditional and parametric insurance
Capacity & terms
✓ Maximum sum insured per risk: up to €10 million (or local equivalent)
✓ Business Interruption period options: tailored to your recovery time (e.g. 12, 24, 36 months)
✓ Deductibles and waiting periods: flexible depending on exposure and risk control
Why Descartes Insurance
✓ We do not rely on traditional, rigid rules—we adapt pricing and coverage based on what matters in your case thanks to an objective, data-driven and science-based vision of your risks.
✓ We combine climate science, historical data, and real business metrics to understand both instantaneous damage and ongoing interruption risk.
Descartes Insurance, a subsidiary of Descartes Underwriting, has been licensed as an insurer in France and certain European countries since 2022. We work with brokers and offer insurance companies in the following areas: Parametric insurance solutions for climate risks, traditional insurance solutions covering CPRI, Technical Risks, Cyber and Property Damage, as well as structured risk transfer solutions.
Interested in a solution?
