Generali Global Corporate & Commercial (GC&C) and Descartes Underwriting announced the renewal of their long-term strategic partnership, initiated in 2019, with the aim of strengthening their joint presence in the global market for parametric insurance covering climate and emerging risks. The collaboration combines Generali's underwriting capacity, international scale, and knowledge of local markets with Descartes's risk modeling, climate analysis, and data technologies. The companies will continue to develop customized parametric solutions for business and public sector clients, complementing traditional insurance programs. Parametric insurance is based on predefined triggers that automatically activate payment when certain thresholds are reached, using real-time data, satellite imagery, and artificial intelligence to accelerate clients' access to funds following a covered event. GC&C, which operates as the Center of Excellence for parametric insurance within the Generali Group, recorded gross written premiums of 3.1 billion euros in 2025, while Descartes Underwriting states it has made more than 15 billion dollars in capacity available to its clients.
Jornal Económico03/09/26, 13:52
