Plover Parametrics

Plover Parametrics is a cutting-edge startup that aims to revolutionize the insurance industry with its software. The company's slogan, "Insurance for anything you can measure," speaks to their innovative approach towards climate resilience insurance. Founded in 2022 and headquartered in the United States, Plover Parametrics has recently received a significant $300.00K grant investment from RISE on 30 March 2023.

Plover's software not only accelerates the speed but also lowers the cost of climate resilience insurance, making it an attractive proposition for carriers and brokers. The platform facilitates carriers in binding and scaling parametric covers, unlocking profitable new business opportunities at minimal cost. Simultaneously, it empowers brokers to become strategic advisors to their clients by identifying and quantifying climate risk, offering in-platform tools to quote solutions. Furthermore, Plover also delivers essential services such as data integration, trigger design, monitoring capabilities, and financial infrastructure, ensuring a seamless customer claims experience.

Given their focus on analytics and insurance industries, Plover Parametrics is poised to make a significant impact on the market. With their recent investment from RISE, the company has not only demonstrated its potential but also positioned itself for rapid growth and success in the future.