A new generation of insurance that builds resilience against climate, cyber, and emerging risks

Founded in 2019 to address the insurability of risks worsened by climate change, Descartes’ mission is to help close the protection gap - the difference between insured and uninsured risk - and build resilience against emerging risks for businesses and governments.

Descartes is a global corporate insurer working exclusively with brokers to protect their corporate and public sector clients against climate, cyber and other emerging risks. At the forefront of AI and data analysis, Descartes utilizes cutting-edge technology combined with data from world-class research institutions to model, assess and manage risks.

Descartes boasts the largest team of scientists in the global insurance industry, comprising over 150 experts in meteorology, climatology, physics, data science, software engineering, DevOps, modelling, and underwriting. This diverse expertise enables us to develop transparent, tailored solutions to the challenges posed by emerging risks, and offer a range of innovative insurance products designed to meet clients’ needs—often through cutting-edge parametric structures.

With a global footprint and a strong foothold in the U.S., Descartes serves a diverse client base across 60+ countries, operating from 17 offices in Europe, Asia, Oceania, and North America. Through corporate brokers, Descartes has already delivered over $10 billion in capacity to its clients.

The Descartes group includes Descartes Insurance, a full-stack insurer operating in several European markets, and Descartes Underwriting, a global MGA backed by a panel of tier-one risk carriers. The company has secured over $141M in funding from prominent investors, including Highland Europe, BlackFin, Serena, Cathay and Eurazeo.