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Arbol, led by CEO Siddhartha Jha, uses climate data for fast insurance payouts after disasters, targeting uninsured losses in farming and energy.
Siddhartha Jha, CEO of Arbol, discussed climate resilience on The Burnout Club podcast, highlighting how his company uses climate data to deliver fast, objective payouts for disasters like hurricanes and wildfires through parametric insurance.
Arbol targets sectors like farming and energy, addressing the fact that over half of climate-related losses go uninsured.
Starting with weather derivatives under CFTC regulation to avoid traditional insurance rules, Arbol expanded into surplus lines and reinsurance to serve areas with shrinking coverage.
Jha stressed that climate risk affects everyone regardless of politics, and Arbol aims to become a full-spectrum platform for both small farmers and major institutions.
The conversation also touched on personal burnout, with Jha noting that eliminating backup plans helped him stay focused during early challenges.
More information is available at arbol.io.
Arbol, dirigido por el CEO Siddhartha Jha, utiliza datos climáticos para pagos rápidos de seguros después de desastres, apuntando a las pérdidas no aseguradas en agricultura y energía.