“Climate change and rising exposures are altering the chance panorama,” Bollaert mentioned. “From Melbourne to Miami, the bodily and monetary implications of intensifying pure perils are on the rise, underscoring the necessity for a revolutionary shift in how we, as an business, perceive threat and supply insurance coverage options.
“I’m delighted to be becoming a member of the nice crew at Descartes Underwriting,” he mentioned. “First, as a result of I absolutely share its ambition to develop into a significant world participant in company resilience to local weather change. Secondly, as a result of method and assets dedicated to serving this ambition. The clever exploitation of knowledge would be the solely approach to mobilize market capital within the face of more and more complicated threat.
“And above all, given the expertise comprising the crew, which is so versatile and sensible, and whose youth and fierce need to serve the reason for local weather transition reassure me about our future. I stay up for persevering with in shut collaboration with Descartes’ world community of brokers to collectively present their shoppers with bespoke options that construct resilience and a clean transition by way of an expanded product line in opposition to local weather threat.”
The firm has additionally introduced the promotion of Violaine Raybaud to chief working officer.
“We are pleased with the sturdy foundations we’ve constructed and the quick development delivered by our excellent world crew,” she mentioned. “Welcoming Louis marks a significant milestone in our continued momentum in the direction of constructing future successes with our dealer companions. As COO, I stay up for steering the crew to additional infuse expertise and Descartes’ client-first method inside our monetary and operations divisions.”
“The local weather is altering and new dangers are rising, whereas excessive inflation may put insurance coverage renewals in danger,” mentioned Descartes co-founder and COO Tanguy Touffut. “Yet the insurance coverage business is neither structured nor ready to fulfill the evolving challenges shoppers face. This is the place Descartes’ parametric merchandise can play a job in company insurance coverage packages and help a greater dialogue between threat managers, brokers and carriers. We are joyful to welcome Louis to the crew to proceed to gasoline our product pipeline and shut collaboration with brokers as they navigate a difficult market setting and their shoppers’ local weather exposures.”