About us

Insurance Tech Solutions for Climate Risks and Natural Catastrophes

Founded in 2008, CelsiusPro is a Swiss Insurtech company that specializes in industrializing index insurance solutions to mitigate the effects of adverse weather, climate change and natural catastrophes. We aim to:

• increase resilience against NatCat and weather events,
• combine risk management with data science,
• simplify, digitalize and automate the risk management process.

We are a global leader as full service provider for risk modelling, underwriting and the administration of index-based risk management products and consultancy in the context of weather risk and natural catastrophes.

Winner of the 2009 Swiss Insurance Innovation Award
Winner of the 2014 Australian Insurance Industry Awards (Innovation of the year)

Board of Directors

Dr. Stefan Lippe
Chairman: Our Reinsurer

Stefan can look back on a distinguished career in insurance. Some major milestones were Head of the Bavarian Re Group, COO and CEO of Swiss Re. After nearly 30 years with Swiss Re, Stefan has also turned to other activities including BoD member of AXA and Chairman of the AXA Audit Committee, BoD member of Commerzbank and Chairman of CelsiusPro. He was named Reinsurance CEO of the year 2011 by the leading industry publication «Reactions», and at the Worldwide Reinsurance Awards 2013 ceremony, he was recognized with the «Lifetime Achievement Award».

Jürg Haller
Our Banker

Jürg has held various positions at Swiss Bank Cooperation including Head M&A Europe, CEO Business Area Corporates and was elected Member of the Group Executive Board in 1997. He joined UBS AG in 1998, where he was Chairman and CEO UBS Latin America. Currently, Jürg is Vice Chairman of UBS Wealth Management and Group Managing Director. He is on the Board of Directors of UBS Grupo Financiero, UBS Casa de Bolsa, UBS Bank Mexico and the Latin American Chamber of Commerce.

Dr. Stephan Hostettler
Our Entrepreneur

Stephan is Managing Partner of his independent consulting firm, and has been active as an entrepreneur and consultant in Switzerland, the USA, Europe and other international markets since 2002. His consulting firm Hostettler&Company is specialized in implementing sustainable value-based corporate governance. Furthermore, Stefan is lecturer for Corporate Governance at the University of St. Gallen (HSG). Prior to this, he worked in Switzerland for a major bank in the area of financial analysis and in the USA in consulting on corporate finance and corporate governance.

Mark Rüegg
CEO: Our Founder

Mark founded CelsiusPro in 2008 with the view that climate change is a mega trend and affects the bottom line of companies and therefore new risk transfer products are pivotal. Mark was on the BoD of the Weather Risk Management Association (WRMA) 2012-2016. Mark has held various positions with Swiss Bank Cooperation and UBS in the area of FX, Rates and Collateral Trading as well as FX prime Brokerage Sales and trading platforms. Mark is a CFA Charter holder and has an MBA in Economics from the University of Rochester/Bern.

Key Team Members

Sebastian Glink
Head Business & Product Development

Sebastian is responsible for business development and the development of tech solutions. Sebastian is an expert in the development of insurance solutions based on predictive analytics and big data technologies. Sebastian has been working for leading private weather service providers for over 10 years, where he has been part of the executive management team, responsible for the business sectors insurance, retail and agriculture. Sebastian studied Meteorology and Geophysics at the University of Innsbruck as well as Business Intelligence and Big Data Analytics at the Lucerne University of Applied Sciences.

Jonathan Barratt
CEO CelsiusPro Australia Pty Ltd

Jonathan has been involved in the financial markets for the last 30 years having obtained experience in the Australian, London and Hong Kong markets. He holds a master’s degree in Economics from the University of New England as well as a Graduate Diploma of Corporate Law from the University of Sydney. Jonathan is a Senior Associate of ANZIFF and FINSIA and has a proficient knowledge in all aspects of OTC derivatives, foreign exchange, commodity futures and equities markets. He has been CEO of CelsiusPro Australia Pty Ltd. since 2012.

Heike Allendorf
Head of Impact Insurance

Heike and her team provide Technical Assistance for the InsuResilience Investment Fund (IIF), supporting climate and agro-insurance capabilities of fund investees in developing countries. Heike has vast experience in designing, structuring and implementing solutions and investments in insurance and banking. Her particular focus is on inclusive finance, impact investing and development finance in emerging and frontier markets. She holds master’s degrees in Development Economics and Development Studies from the London School of Economics and the University of Konstanz.