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NEW YORK (August 11. 2021) — Arbol, an InsurTech platform for parametric weather protection products, today announced at the Vermont Captive Insurance Association (VCIA)’s annual conference the release of its streamlined “Captive+Parametric” solution for climate change risk management. The first of its kind service gives corporations a simple and practical way to take immediate action towards climate change risk management by transferring climate risks into captives using a parametric structure.

“90 percent of Fortune 500 companies have captive insurers for managing traditional and emerging risks. As the demand for companies to better manage and disclose climate change risks grows as…


By Siddhartha Jha, CEO of Arbol

The great challenge of the upcoming century for enterprises and households will be how to proactively adapt and build resilience against changing and increasingly volatile and unpredictable weather patterns. For businesses that are exposed to weather and rely on a certain level of cooperation from the elements to operate normally, building climate resilience is a necessity for future success and survival. 70% of business globally are estimated to be impacted by weather, with damages from severe weather events and natural disasters rising each year. According to Aon, economic losses resulting from severe weather events…


NEW YORK (May. 14, 2021) — Arbol Inc., an InsurTech platform for parametric weather protection products, today announced it has partnered with RealTimeRental (RTR), the original cloud based vacation rental & property management software platform, to offer the first parametric weather protection program for vacation rentals. This first-in-kind program will offer vacation renters a simple solution to protect their vacation against rainy weather.

“We are excited to partner with RealTimeRental to offer a program that leverages Arbol’s cutting edge technology and hyperlocal, real-time weather data to give property managers the ability to offer rainfall protection to their renters,” said Sid…


SCOTT KLEMM JOINS ARBOL AS ENERGY PRODUCTS SPECIALIST

Arbol Inc. announced today that Scott Klemm has joined the company as its energy products specialist. He will be responsible for originating and structuring parametric energy risk products and helping Arbol grow across the traditional and renewable energy sectors. Scott is an experienced commodities trader with vast experience across the weather, energy and agricultural commodity markets.

“Scott’s experience and expertise in the weather and energy risk markets will be a valuable addition to our team as we look to expand our product offerings for both traditional and renewable energy businesses,” said Sid…


Arbol Inc. announced today that Hong Guo has joined the company as Executive Vice President and Chief Insurance Officer. He will lead all insurance related strategy and operations for the company. He brings nearly three decades of global (re)insurance experience to Arbol and most recently served as a managing director at the GC Securities division of Guy Carpenter.

“We are privileged to be able to add an experienced global (re)insurance executive of Hong’s caliber to the Arbol team,” said Sid Jha, Arbol’s founder and CEO. …


Arbol Inc. announced today it has partnered with PURIS to back its Yield Coverage Program for dry peas. The program will be rolled out nationwide to all PURIS growers this year.

“We are excited that Arbol’s proprietary technology will power a program that will benefit growers throughout the country,” said John Coleman, Arbol’s Head of Structuring. “PURIS growers who sign up for Arbol backed Yield Coverage can now have peace of mind that their yields will be protected and that they will receive a rapid, effortless payout in the event of loss.”

“Our goal at PURIS has always been to…


By Sid Jha, Ben Andre, Philippe Heilberg, and Osho Jha

Today, we are proud to introduce the world to dClimate, a decentralized marketplace where climate data, models, and forecasts are standardized, monetized, and distributed.

Who Is dClimate For?

Those of us living in developed nations might take the importance of accurate local weather forecasting for granted. The only reason to check the weather forecast in some locations is so that you can make personal preparations: Do I need to carry an umbrella today? Do I need a jacket? Snow boots? …


We are excited to announce the world’s first live, in-production weather coverage product on the blockchain. It uses smart contracts and Chainlink oracles to provide anyone with an Internet connection access to blockchain-enforced weather coverage that immediately settles based on weather data. This completely changes the way businesses and farmers all over the world hedge risk, allowing them to safely expand their operations knowing they are fully covered against periods of unforeseen weather events.

By leveraging smart contracts on the Ethereum blockchain and Chainlink powered data feeds, we are able to offer weather coverage without all the downsides and inefficiencies…


By Sid Jha, Founder and CEO

What sets Arbol apart from traditional insurers is that our weather risk platform is parametric. What does this mean? It means that contracts are paid out based on data as opposed to a subjective claims process where a human adjuster comes to your home or businesses to assess the damage. This is important because the subjectivity, loopholes, delays, and potential for fraud that are seen all too often with traditional insurers are eliminated for our clients. Once the threshold for loss in a contract is triggered by the applicable dataset an agreement is structured…


By Siddhartha Jha, CEO and Founder of Arbol

This past Wednesday, Arbol was excited to announce a deal with blockchain company Chainlink that will allow us to offer our users a smart weather protection product for farmers and businesses.

This product is built on the foundation of blockchain technology and utilizes Arbol’s smart contracts along with decentralized weather data provided by Chainlink to offer users a product unlike any other on the market. At Arbol, our goal has always been to revolutionize the way that farmers and businesses hedge and build resilience against climate risks. Extreme weather or one bad…

Arbol

A weather immunity marketplace powered by blockchain Learn more at https://arbolmarket.com

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