Plover Parametrics

Plover Parametrics was founded with the mission to revolutionize the insurance industry by addressing the growing challenge of climate change risks. The company offers a software platform that enables insurers to design and manage new insurance products more efficiently, thereby unlocking new risk markets and geographies. Plover's core focus is on providing immediate payouts for climate-related events such as named storms, wildfires, earthquakes, floods, and tornadoes. Their vision is to mitigate the $180 billion in annual uninsured climate risk through innovative data-driven solutions.

The team behind Plover Parametrics previously collaborated at Palantir, where they managed data infrastructure for the US Department of Defense. This strong technical background has been pivotal in developing their cutting-edge insurance platform. Notable investors include prominent venture capital firms specializing in technology and insurance sectors. Plover has achieved significant milestones in reducing the time and cost associated with creating and managing climate risk insurance products, making a substantial impact on the industry by increasing accessibility and affordability of climate risk coverage.