Insurtech Arbol Sees Tremendous Growth We at Rebellion Research are big fans of this firm, having covered it since its initial founding. We are excited to see their recent announcement:
“The Arbol platform saw tremendous traction in 2021, transacting $70 million in gross premium in its second year of live transactions and ending the year cash flow positive.”
Siddhartha Jha, Founder, Chairman & CEO Arbol Inc. posted:
“It has been amazing to see Arbol transform from doing our first $3000 deal in 2019 to $70 million in 2021 while growing our fantastic team close to 10X larger in just over a year. The support of our investors and the trust of our clients has been invaluable, and we look forward to adding new industries and geographies in 2022.”
See our interview with Siddhartha below:
What Separates Arbol from the Pack?
Arbol has a sustainable business model where the platform is cashflow positive. In addition, their capital providers make money. Basically this is not another tech firm selling stuff at a loss to grow. (unlike Lemonade, Root, and most of the insurtech space)
Arbol Weather Insurance : What is parametric coverage?
Arbol Weather Insurance : What sets Arbol’s products apart is that their coverage is parametric. What this means is that their contracts pay out based on predetermined, verifiable, and objective metrics. Data sources for weather contracts include trusted and secure public sources from institutions like NASA and NOAA.
Parametric insurance eliminates the traditional claims process altogether for the client that can often lead to delays, disputes, and occasional instances of fraud in delivering payouts. With Arbol, the client chooses the index for loss at the beginning of their contract. And once that index is met according to the applicable dataset. The client receives a rapid payout.
It’s that simple.
Arbol’s platform aims to bring transparency and efficiency to the weather risk market. Moreover, at a lower cost to you. So that you can focus on what is important! Growing your business. In addition, knowing that certain risks are accounted for.
With Arbol, you will never have to worry about a drawn-out claims process ever again.
Furthermore, Arbol’s platforms process your payout automatically. When the threshold for loss in your contract is met.
Regardless of the size of your business. Or the category of weather risk, Arbol can provide a hassle-free coverage experience tailored to your needs, and at a competitive price.
Furthermore, Arbol’s core strength is their talented and experienced senior leadership team. Their team consists of highly skilled experts with extensive expertise across several industries including data, technology, insurance, commodities, AI, and parametric products. They bring with them decades of combined executive experience and invaluable institutional knowledge from their respective fields.
In conclusion, we are excited to see what the future holds for this awesome and innovative company. Lastly, we will keep our eyes on Arbol!