Adaptive Insurance
Adaptive Insurance aims to revolutionize how businesses build financial resilience in the face of climate and weather-related events, starting with parametric insurance. Big words. We believe we can back them up by using our combination of novel coverages, real-time climate data, and AI-driven technology to bring the value of parametric insurance to the business consumer. Starting with our short-term power outage coverage, Adaptive uses the simplicity of parametric insurance - verified trigger events and agreed-upon payment amounts - to help provide a financial safety net against unpredictable weather events that impact businesses. Power outages cost American businesses over $150 billion annually. As the frequency and cost of climate change continues to increase, so too does the strain on resources to protect or rebuild, contributing to increasing insurance costs and decreasing coverage. With Adaptive’s climate resiliency solutions, we can help businesses quickly get back on their feet and gain the upper hand on Mother Nature.
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Todd Olson
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Calebe MacHado
Software Engineer · Information Technology
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