“Climate change and rising exposures are altering the chance panorama,” Bollaert stated. “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 group at Descartes Underwriting,” he stated. “First, as a result of I totally share its ambition to turn into a significant world participant in company resilience to local weather change. Secondly, as a result of method and sources dedicated to serving this ambition. The clever exploitation of information would be the solely solution to mobilize market capital within the face of more and more complicated threat.
“And above all, given the expertise comprising the group, 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 look ahead to persevering with in shut collaboration with Descartes’ world community of brokers to collectively present their purchasers with bespoke options that construct resilience and a clean transition by way of an expanded product line towards local weather threat.”
The firm has additionally introduced the promotion of Violaine Raybaud to chief working officer.
“We are happy with the sturdy foundations we’ve constructed and the quick progress delivered by our excellent world group,” she stated. “Welcoming Louis marks a significant milestone in our continued momentum in the direction of constructing future successes with our dealer companions. As COO, I look ahead to steering the group 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 might put insurance coverage renewals in danger,” stated Descartes co-founder and COO Tanguy Touffut. “Yet the insurance coverage business is neither structured nor ready to fulfill the evolving challenges purchasers face. This is the place Descartes’ parametric merchandise can play a job in company insurance coverage packages and assist a greater dialogue between threat managers, brokers and carriers. We are glad to welcome Louis to the group to proceed to gas our product pipeline and shut collaboration with brokers as they navigate a difficult market surroundings and their purchasers’ local weather exposures.”