The Work Index by Flexa

Descartes Underwriting

Descartes Underwriting is a global parametric insurance company specializing in climate, cyber, and emerging risks.

7.0

/10

Transparency ranking

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Description

Descartes Underwriting is a global parametric insurance company specializing in climate, cyber, and other emerging risks. They offer a new generation of insurance solutions, utilizing data-driven technology and advanced risk modeling techniques to provide swift and transparent indemnification to their clients. Descartes focuses on creating innovative and customizable products tailored to the unique needs of various industries, including agriculture, hospitality, energy and renewables, construction, retail, and public sector. They have a diverse and international team of over 200 employees located across 16 global offices in 9 countries, working together to provide comprehensive risk management solutions to corporate and public sector clients worldwide.

Descartes Underwriting differentiates itself from traditional insurance providers by leveraging cutting-edge technology, such as Artificial Intelligence, machine learning, and satellite imagery, to assess and model risks in a more efficient and precise manner. This innovative approach allows them to offer flexible and transparent coverage, with faster claim payouts compared to traditional indemnity insurance. Descartes is committed to addressing the growing challenges posed by climate change and emerging risks, offering a comprehensive suite of products to ensure the resilience and financial stability of their clients.

Flexibility

Descartes Underwriting offers a flexible work environment, with opportunities for both remote and in-office work, as well as a diverse range of global office locations across nine countries. The company provides a culture that values hard work and employee contributions, fostering an environment where ideas are heard and acted upon.

Mission

Descartes Underwriting is a global parametric insurance company dedicated to creating climate-resilient solutions for businesses. They leverage cutting-edge AI and data analytics to provide swift and transparent coverage against climate, cyber, and other emerging risks. Their mission is to challenge the status quo of insurance by offering bespoke, data-driven solutions that help clients navigate the changing risk landscape and enhance their financial resilience against a range of perils.

Automation
Data-driven
Disruptor
Environmental impact driven
Science and research driven
Sustainability
Tech for good

Culture

Descartes Underwriting promotes a culture that values hard work and innovation, fostering an environment where employee ideas are heard and acted upon. Senior leadership is accessible and approachable, reinforcing a collaborative mindset. The company has a global reach with teams in multiple countries, creating a diverse and multicultural working environment. The company encourages professional growth, offering opportunities for skill development and training.

Agile and dynamic
Autonomous
Collaborative
Engaging
Entrepreneurial
Fast-paced
People-first
Progressive
Supportive
Transparent

DE&I

Descartes Underwriting embraces diversity, equity, and inclusion as core values, reflected in its international team of over 200 employees from 30 countries. The company actively fosters a welcoming environment where diverse perspectives are valued and celebrated, promoting a culture of respect and collaboration. This dedication to inclusivity is evident in its recruitment practices, leadership development programs, and ongoing efforts to create an equitable workplace where all employees have equal opportunities to thrive and contribute their unique talents.

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