Satellite technology is the backbone of modern parametric insurance, providing objective, transparent, and real-time data that enables automatic payouts for climate events.
Data Sources
We integrate data from multiple satellite constellations including weather monitoring satellites, earth observation satellites, and specialized agricultural monitoring systems.
Transparency and Trust
Satellite data is objective and verifiable, building trust with beneficiaries who can see exactly when and why payouts are triggered. This transparency is crucial for adoption in communities that may be skeptical of insurance products.
Speed and Accuracy
Satellite data is available in near real-time, enabling payouts within hours of a triggering event. This speed is crucial for helping communities recover quickly from climate shocks.
Global Coverage
Satellite technology enables us to provide coverage in remote areas where traditional weather stations may not exist, expanding access to climate protection for the most vulnerable communities.
Dr. Michael Chen
Author
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