Descartes Underwriting

Descartes Underwriting is a global InsurTech company based in Paris, founded in 2019.

It specializes in parametric insurance, which offers protection against climate risks, natural catastrophes, extreme weather events, and emerging risks like cyber threats. The company operates as a Managing General Agency (MGA) and works exclusively through brokers to serve large corporations and public sector clients. Descartes Underwriting is backed by top-tier risk carriers and has its own licensed full-stack insurer, Descartes Insurance, operating in France and key EEA countries since 2022. The company focuses on data-driven, technology-based insurance solutions that provide fast and transparent payouts based on predefined triggers. Key offerings include parametric natural catastrophe insurance, extreme weather insurance, and cyber risk coverage, tailored for various industries such as agriculture, construction, finance, and energy. With a workforce of approximately 250–500 people and 18 offices across six continents, Descartes Underwriting aims to enhance resilience against climate and emerging risks globally.