What Arbol does

Arbol is a New York-based parametric climate risk insurance platform founded in 2018 by Siddhartha Jha. The company builds and operates an integrated technology stack that uses AI/ML underwriting, blockchain-enabled transaction infrastructure, and advanced climate modeling to issue insurance policies whose payouts are triggered by predefined objective weather events (e.g., rainfall levels, wind speed, temperature thresholds) rather than traditional loss adjustment. Its core offering, the Arbol Platform, processes over 30 terabytes of climate data drawn from public sources (NOAA, NASA, ESA), commercial providers, and the dClimate decentralized data network, generating 200+ quotes daily with pricing delivered in seconds across coverage tiers from $500 to over $10 million in premiums.

Arbol monetizes through parametric insurance premiums, reinsurance solutions (via Arbol Reinsurance), and licensed carrier operations following its April 2024 acquisition of Centauri Specialty Insurance Company and Centauri National Insurance Company. Its product portfolio spans agriculture (drought, freeze, excess moisture for farmers and cotton gins), energy (solar/wind production shortfalls), travel and tourism weather disruption, wildfire (satellite-confirmed fire proximity triggers in Western U.S. states), and reinsurance (named storm and catastrophe coverage). Distribution combines direct enterprise sales, a licensed insurance producer/broker network, self-service digital quoting, and partnerships with intermediaries such as Gallagher Re, Somers Syndicate at Lloyd's, and International Risk Solutions. Sub-brands include Lilypad Insurance (coastal parametric) and Arbol Reinsurance.

By 2022 the company reported $171 million in gross revenue, scaling from a $3,000 first transaction in 2019 with only two salespeople, and has transferred over $2 billion in notional risk across 15+ countries. Notable customer outcomes include $10 million in payouts to Centauri Insurance within three weeks of Hurricane Ian and $20 million in payouts to Lilypad Insurance within 30 days of Hurricane Milton. Arbol reports being the #1 writer of global non-CAT parametric climate risk, with 50% of its clients unable to access comparable climate risk products elsewhere. The company is venture-backed (Giant Ventures, Opera Tech Ventures, Mubadala Capital, Republic Capital, SIG, Space Capital) and raised a $60 million Series B in April 2024.

Name

Arbol

Legal name

Arbol Inc.

Website

https://arbol.io

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

51–100 employees

Short description

Arbol is a vertically integrated parametric climate risk insurance platform using AI/ML and multi-source climate data to deliver rapid, trigger-based payouts across agriculture, energy, wildfire, travel, and reinsurance segments, serving customers from small farmers to large institutions across 15+ countries.

Ownership category

akta.pro rank

Product category

Parametric Insurance Platform

NAICS

Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance Carriers and Related Activities (524), Insurance Agencies and Brokerages (524210)

SIC

Fire, Marine & Casualty Insurance (6331), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Underwriting, Pricing & Accumulation Tools (P&C, Specialty, Parametric) (EUABALAF)

akta.pro secondary industries

Data, Analytics & AI for Insurance (Risk, Pricing, Personalization) (FSAGAGAE), Risk Modeling & Pricing Analytics (FSAOAIAA), Resilience Finance & Risk Transfer Analytics (Parametric Design, Cat Bonds, Public Risk Pools) (EUABALAK), Early Warning, Event Monitoring & Forecasting (Extreme Weather Alerts, Nowcasting) (EUABALAJ), Risk Scoring, Hazard & Geospatial Analytics (FSAOAIAE)

Keywords

• Parametric insurance
• Climate risk management
• Weather derivatives
• Reinsurance solutions
• Agricultural insurance

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Parametric Insurance Premiums: Arbol generates revenue through premiums charged for parametric insurance policies. Coverage ranges from $500 to over $10 million in premiums. Policies pay out based on predefined objective triggers such as rainfall, temperature, or wind speed thresholds, providing rapid transparent payouts.
2. Reinsurance Solutions: Arbol provides reinsurance solutions for primary insurance companies, offering parametric coverage for named storms and catastrophe risks. This includes both reinsurance premiums and providing capacity for large-scale implementations.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Arbol provides parametric insurance products and a vertically integrated climate risk management platform that uses AI/ML underwriting, multi-source climate data, and predefined weather triggers to issue rapid, transparent payouts. The platform spans agriculture, energy, travel, wildfire, and reinsurance solutions, with coverage ranging from $500 to over $10 million in premiums.

Product overview

Arbol is a climate risk solutions platform offering a vertically integrated ecosystem spanning parametric insurance products, reinsurance, and alternative capital. The core offering is the Arbol Platform, an integrated parametric insurance platform that uses AI/ML for underwriting, pricing, and automated transaction infrastructure. The platform supports five core product lines: Agriculture Derivatives & Insurance, Energy Derivatives, Travel Solutions, Wildfire Solutions, and Arbol Reinsurance. Additional offerings include Lilypad Insurance (coastal parametric coverage), Arbol Insurance Services (underwriting/brokerage), and the acquired Centauri Insurance companies. The platform processes over 30 terabytes of data and generates 200+ quotes daily, with coverage ranging from $500 to over $10 million in premiums. The company completed the chain by acquiring carrier Centauri in early 2024, achieving vertical integration from MGAs through reinsurance to alternative capital.

Differentiator

Problem solved

Functional benefit

Brands

• Lilypad Insurance: Parametric wildfire and coastal insurance product for commercial and residential properties in California, Colorado, Arizona, and other Western U.S. states with coverage limits up to $10 million, backed by Somers Syndicate at Lloyd's.
• Arbol Reinsurance

Products and services

• Arbol Platform Integrated parametric insurance platform combining data infrastructure, AI/ML underwriter, and pricing analytics to streamline enrollment, quoting, and policy issuance for agents and brokers. Processes over 30 terabytes of data and generates 200+ quotes daily with pricing delivered in seconds.
• Agriculture Derivatives & Insurance Parametric insurance and derivatives solutions for agriculture businesses covering weather risks such as drought, excessive rainfall, freeze, and temperature extremes. Provides rapid payouts triggered by objective weather data without traditional claims assessment, for farmers, specialty crop producers, cotton gins, and agricultural businesses.
• Energy Derivatives Derivatives solutions for energy businesses providing rapid, data-driven financial protection against weather-related production losses such as solar irradiance anomalies, wind speed anomalies, and other weather events affecting energy generation, for solar, wind, and renewable energy operators.
• Travel Solutions Parametric insurance for travel and tourism businesses covering weather business interruption, adverse weather cancellations, rescheduled events, and parametric protection against excessive rainfall affecting outdoor activities, hotels, and tour operators.
• Wildfire Solutions Parametric wildfire insurance for commercial and residential properties using satellite-confirmed fire proximity triggers to enable fast, transparent payouts without traditional loss adjustment. Covers California, Colorado, Arizona, and other Western U.S. states with coverage limits up to $10 million.
• Arbol Reinsurance Parametric reinsurance solutions for named storms using AI and advanced data analytics for primary insurance companies. Features AI-driven underwriting, data-driven insights, optimized payout factors aligned with Verisk and Moody's RMS, and rapid claims processing typically within 30 days.
• Lilypad Insurance Parametric insurance product for coastal properties using predefined weather triggers such as wind speed and storm surge. Designed for coastal communities as traditional insurers exit high-risk markets, with rapid payouts for policyholders. Enabled $20 million in Hurricane Milton payouts.
• Arbol Insurance Services Insurance underwriting and brokerage firm specializing in parametric solutions focusing on hard-to-place weather risks. Provides coverage for both low and excess precipitation scenarios, with example pricing from $36,340 to $63,650 in premiums for $500,000 limits of liability.

Quantifiable outcome

• $20 million in parametric reinsurance payouts within 30 days of Hurricane Milton landfall (October 2024)
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability10 records

Feature5 records

Partnerships

Ten partnerships are on record, tiered core and supporting.

• Pollen SystemscoreStrategic or Co-development Partner · 10 February 2026Arbol and Pollen Systems partnered to launch a first-of-its-kind product combining parametric insurance with multiple real-time data sources including satellite imagery, drone data, field observations, and historical records. The initiative enables faster, more transparent risk assessment and claims resolution for farmers and insurers.
• EsrisupportingTechnology or Integration · 10 February 2026Location intelligence leader supporting the Arbol-Pollen Systems partnership. Provides GIS technology foundation for geospatial data platform and AI-driven analytics.
• OmnirissupportingTechnology or Integration · 10 February 2026Provides the underlying geospatial data platform and AI-driven analytics built on Esri's GIS technology for the parametric product developed with Pollen Systems.
• Somers Syndicate (Lloyd's)coreStrategic or Co-development PartnerSomers Syndicate, a Lloyd's syndicate, provides backing for Arbol's parametric wildfire insurance product launched in September 2025.
• International Risk SolutionssupportingChannel Partner/ Reseller/ DistributorActed as intermediary in placing Arbol's wildfire parametric insurance program backed by Somers Syndicate.
• BeazleysupportingStrategic or Co-development PartnerPartner listed on Arbol's website as part of their ecosystem.
• ChainlinksupportingTechnology or IntegrationPartner listed on Arbol's website as part of their ecosystem for technology integration.
• dClimatecoreTechnology or IntegrationArbol draws on data from dClimate, a decentralized climate information ecosystem providing immutable records of climate information. Sid Jha is co-founder of dClimate.
• Standard CharteredsupportingStrategic or Co-development PartnerPartner listed on Arbol's website as part of their ecosystem.
• Gallagher ResupportingChannel Partner/ Reseller/ DistributorPartner listed on Arbol's website as part of their distribution ecosystem.

Scale indicators9 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• FloodFlash: UK-based parametric flood insurance specialist that pays fixed amounts when flood depth triggers are met. Most direct functional comparable to Arbol's parametric trigger-based model, and notably Arbol's UK MD Richard Coyle joined from FloodFlash.
• Descartes Underwriting: Paris-based parametric insurance specialist for climate and natural catastrophe risks, offering corporate and public-sector cover on a similar trigger-based model. Closely comparable on product architecture and target buyer profile.
• Skyline Partners: Specialty parametric insurance and reinsurance provider focused on natural catastrophe and climate risks. Comparable as a niche parametric player targeting similar re/insurance buyer segments.
• The Climate Corporation (Bayer Climate): Built the original parametric weather insurance product (WeatherBill) for agriculture before pivoting to digital agronomy under Bayer. Historical direct peer in parametric agriculture insurance and still a benchmark for AI-driven farm risk modeling.

Broad incumbents

• AXA Climate: Climate-focused unit of AXA offering parametric and adaptation insurance solutions. Comparable as a parametric climate insurance provider, but with broader corporate backing and a wider product portfolio.
• Munich Re: Global reinsurer with a dedicated Natural catastrophe Solutions unit offering parametric reinsurance products. Overlaps with Arbol Re on catastrophe reinsurance buyers but operates at far broader scale and capital depth.
• Swiss Re: Global reinsurer with parametric capabilities and proprietary climate risk models used in Arbol's own product via Nikhil Bhandiwad's tenure. Comparable as a large incumbent with parametric product ambitions spanning similar perils.
• Sompo International: Global P&C insurer with parametric weather and natural catastrophe offerings, including products comparable to Arbol's. Operates at broader scale but with overlapping parametric product ambition.

Emerging players

• Jupiter Intelligence: Climate risk analytics platform providing physical and transition risk modeling for insurers, reinsurers, and corporations. Comparable on the climate modeling and risk analytics layer that underlies parametric underwriting.
• Reask: Climate risk analytics firm specializing in tropical cyclone and natural catastrophe modeling for the insurance and reinsurance industry. Comparable on the probabilistic hazard modeling underpinning parametric pricing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/ArbolMarket
• GitHubgithub.com/arbol-Project
• Facebookfacebook.com/arbolmarket
• LinkedInlinkedin.com/company/arbolinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries4 records

Funding overview

Funding rounds7 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arbol