We provide bespoke company and portfolio-specific insights into physical climate risk and adaptation recommendations to corporate and financial sector clients, so that they can develop a strategy for financial climate resilience. Our Climate Risk Insights and Solutions (CRIS) include the provision of a climate risk analysis spanning single assets, large portfolios and supply chains. Outputs are aligned to TCFD recommendations and backed by scientific metrics.

• Investigation of current and future state of physical climate risk

• Identification of company assets that are impacted by climate change

• Scenario analysis of risk development for RCP 2.6, RCP 4.5 and RCP 8.5

• Adaptation pathway analysis and benchmarking, recommendations and opportunities

• Support on development of corporate climate strategy to mitigate physical climate risk

We provide meso and solution-oriented consultancy services for single risks as well as for micro and macro insurance schemes. We cover the entire value chain, including but not limited to:

• Comprehensive market and product analysis

• Bespoke risk analysis and feasibility studies

• Specialised parametric insurance design

• Parametrics education and training

The Disaster Risk Finance (DRF) Consulting Team supports multilateral banks, development agencies, and NGOs in their efforts to strengthen the financial resilience of emerging market governments, local insurance markets, and/or vulnerable segments of society against natural disaster risks.  

We address complex challenges with a collaborative mindset, working with a range of partners across the insurance and financial inclusion space.  

Building on our strengths in data modelling, risk visualization, index/parametric product structuring, and end-to-end software solutions, the DRF Consulting Team focuses on: 

• Climate and disaster risk analysis 

• Insurance market research and feasibility studies 

• Developing innovative index/parametric risk transfer solutions (micro, meso, macro) 

• Tailored software solutions – e.g., to quantify the financial impact of natural disasters across a country 

The cloud-based software solutions enable insurers to accelerate the digitalisation of traditional insurance offerings and to introduce weather yield index as well as parametric NatCat insurance schemes. It allows insurers to serve all client segments at low operational costs and to efficiently handle large-scale product distribution and management.

• Customised, flexible White Label Platform Solutions

• Modular system architecture

• Seamless front to back processes

• Automated pricing and policy management

Our Environmental Monitoring System is a comprehensive data hub, and we offer it to companies looking to also establish a Centre of Excellence for parametrics. The system enables analysts, risk managers and claims officers to access, analyse, visualise and apply global climate, vegetation and natural catastrophe data, from different sources on one single platform. 

• Easy, quick access to global climate and NatCat datasets

• Sophisticated data aggregation and visualisation

• Monitoring of current conditions vs climatology for anomaly detection

• Customised automated reporting

• Seamless data import and export

There’s a growing demand among insurance providers to deliver rapid claims payouts and our parametric capabilities are used to speed up claims settlements. We provide settlement services to insurance and reinsurance companies. We act as the independent third party, monitoring incoming data on a daily basis and calculating if there is a payout at a specific location. 

• Transparency to all stakeholders

• An independent party 

• Access to multiple NatCat data sources

• Fast payout calculations

• Official reporting of data and calculated payout

Companies of weather dependent industries such as construction, energy, tourism, transportation, agriculture, retail and wholesale suffer significant losses as a result of adverse weather. Our parametric derivative solutions are based on data provided by independent third-party agencies such as official weather stations or satellites. The payout is linked to reported data, e.g. rainfall, and does not require a proof of loss.

• Standardised index products for weather yield and NatCat

• Globally available for all reported weather parameters

• Automatic payout, no need to file a claim

• Solutions for all weather dependent industries

In the wake of a hurricane, immediate help is crucial for the survival and future economic prosperity of people and businesses in affected areas. In addition to providing a full range of parametrics services, we connect clients to our subsidiary NatCatPro — a Managing General Agent (MGA) that underwrites parametric NatCat reinsurance. 

• Parametric solutions for hurricane risks

• Trigger based on the intensity of hurricane

• No need to file a claim

• Payout takes place within days and can be used for all purposes

• Caters for small to large enterprises

We are accessing, processing and analysing more than 20 different data providers worldwide, and on a daily basis we load more than 180 million new data-points into our databases. We invest a significant amount of time in order to access these sources, and process and unify it in an effective system for our clients. This data underpins everything we do, especially for our white label solutions and environmental monitoring system, real-time climate monitoring and automated claims settlement services.

We use the natural catastrophe model CLIMADA within our Environmental Monitoring System. CLIMADA is a state of the art probabilistic NatCat model, developed by the Swiss Federal Institute of Technology. As an open source platform, we benefit from it being continuously developed, and our modellers use it in different regions of the world for multiple projects.

We support brokers with a strategic interest in weather, agro and NatCat products. Based on large-scale climate data provided by meteorological, hydrological, geological or space agencies we analyse risks, structure index insurance solutions and support best execution in highly specialised markets.

• Risk analysis and solution design

• Structuring of risk transfer products

• Design of company specific and country-wide schemes 

• Education services

Our digitised solutions enable insurance companies to transform from traditional manual paper-based processes to highly efficient automated processes. The modular approach allows for changes of individual segments such as pricing, policy issuance or loss settlement into seamless front-to-back processes. Off-the-shelf solutions for weather, agriculture and parametric NatCat insurance products minimise cost and time to market for these lines of business.

• Consistent and efficient underwriting

• Streamlined processes

• Efficient claims handling and settlement

• Extensive reporting

We provide highly specialised and customised pricing solutions for reinsurers to enable them to efficiently serve cedent companies. Our experience and longstanding collaboration with reinsurers and alternative markets allows us to provide best execution solutions for our clients.

• Automated pricing support

• In-depth modelling and market understanding

We provide risk analysis and solution designs to cooperatives and governmental agencies ranging from macro to micro index solutions against risks from climate change and natural hazards. Our technology empowers decision makers to identify key risks and to visualise the footprint of actual catastrophic events.

• Single platform for all relevant global datasets

• Best in class consultancy

• Risk analysis and product structuring

• Data aggregation on grids or administration levels

• Event footprint analysis within days including GIS shape files

Our extensive experience in weather risk management enables us to quickly grasp the weather dependency of companies and to statistically quantify their exposure. We believe that educating the decision makers about weather risk to be a cornerstone in building a longstanding weather risk management relationship. Being exceptionally well connected with risk takers, we find best execution solutions for clients.

• Risk analysis and solution design

• Structuring of risk transfer products

• Execution and settlement services

By utilising our extensive weather and climate data basis we supply corporates and individual growers involved in Agriculture bespoke parametric risk transfer solutions, involving precipitation, temperature, satellite imagery and crop yields.

• Risk analysis and feasibility studies for crops

• Structuring of risk transfer products

• Execution and settlement services

• Education services

As Technical Assistance Facility manager of the InsuResilience Investment Fund (IIF) of KfW, a cornerstone of the G7 Initiative for Climate Change, CelsiusPro has an in-depth understanding of microinsurance schemes across the globe and has supported numerous companies in serving small-hold farmers’ insurance needs.

• Risk analysis and feasibility studies

• Structuring of risk transfer products

• Design of country wide schemes and industry solutions

• Education services