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.
Contact Us
Whether you're quoting a complex risk, looking to break into new markets, or just curious about parametric insurance, our team is here to help you win. Reach out and we will get back to you within 48 hours.
