Founded with the mission to bridge the gap between weather-exposed agricultural entities and capital providers, Arbol offers a parametric insurance marketplace. The company leverages objective data from satellites and weather stations to provide transparent and cost-effective insurance solutions. By focusing on reducing information asymmetry and administrative costs, Arbol aims to offer swift, objective, and scalable coverage for climate risks, particularly benefiting those in the agricultural sector.
Notable affiliated people include industry experts in insurance and climate data analytics, though specific names are not provided. Arbol has attracted investment from prominent venture capital firms interested in innovative climate risk solutions. Key achievements include the successful implementation of their parametric insurance platform, which has significantly reduced delays, disputes, and instances of fraud in the insurance process. Overall, Arbol's impact lies in enhancing the resilience of global supply chains against climate catastrophes through its specialized insurance products.
