The Demex Group

The Demex Group is a technology-enabled Managing General Agent (MGA) specializing in climate risk management solutions for insurers and corporations. Their focus is on non-catastrophic but extreme weather events, such as severe storms, heatwaves, droughts, and floods, which are becoming increasingly frequent and costly due to climate change. Demex offers two primary products: Operational Climate Risk Coverage (OCR) for businesses vulnerable to volatile weather, and Retained Climate Risk Reinsurance (RCR) for insurers to mitigate underwriting losses from frequent weather events within their retention layer.

Demex's innovative approach utilizes a proprietary Proxy Claims Index and advanced modeling techniques to accurately assess and transfer climate-related risks. Their client-calibrated models leverage historical financial data and weather patterns to deliver customized insurance solutions, minimizing basis risk and providing robust protection against the growing economic impact of climate change. The Demex Group is committed to fostering economic resilience and building a more sustainable future by bridging the gap in climate risk protection.

Demex Group is a technology-enabled Managing General Agent (MGA) that specializes in developing and providing innovative risk management solutions focused on non-catastrophic extreme weather events. Their mission is to revolutionize insurance coverage by offering unique stop-loss protection for secondary perils like severe storms, heat waves, droughts, and floods. Demex utilizes proprietary technology and client calibration to accurately quantify and transfer these climate risks, offering insurers and businesses budget stability and resilience in an increasingly volatile climate.

The Demex Group fosters a culture of innovation and collaboration, driven by a shared passion for addressing climate change. The company emphasizes the importance of utilizing cutting-edge technology and data-driven approaches to develop solutions that enhance economic resilience. Demex cultivates a diverse and inclusive environment, attracting and retaining a team of experts from various disciplines, including insurance, finance, technology, risk management, and climate science. The company values open communication, teamwork, and a commitment to excellence, all contributing to a dynamic and purpose-driven work environment.