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Arbol

The Future is Insured

Specialty Solutions Growth Series B
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Overview

Arbol is a global climate risk management platform that combines parametric insurance, advanced data infrastructure, and AI-driven underwriting to help businesses manage and transfer climate-related financial risk. Founded in 2018 and headquartered in New York, Arbol operates in more than 15 countries across agriculture, energy, travel, wildfire, and reinsurance sectors.

Unlike traditional insurance, Arbol products pay out automatically when predefined climate data thresholds are met -- such as rainfall levels, temperature readings, or wind speeds -- eliminating subjective damage assessments and accelerating claims resolution. The company has raised USD 67 million in total funding (including a USD 60 million Series B in April 2024) and has transferred over USD 2 billion in notional risk, positioning itself as the #1 global writer of non-catastrophe parametric climate risk.

In 2024, Arbol expanded its footprint by launching Lilypad Insurance, a subsidiary focused on coastal communities, which acquired Centauri Specialty Insurance Company and Centauri National Insurance Company from Applied Underwriters (effective September 30, 2024). In 2025, Arbol further expanded its wildfire parametric offering with a Somers Syndicate (Lloyd's)-backed product for Western U.S. states, and Lilypad completed a USD 30 million inaugural catastrophe bond (Koi Re 2025-1) for named storm reinsurance.

Products & Services

Parametric Insurance Platform

AI-driven parametric insurance platform that delivers automated payouts based on objective climate data triggers rather than manual damage assessments. Payouts are typically processed within two weeks of trigger events.

Key Features

  • Predefined triggers based on trusted third-party climate data (NOAA, NASA, ESA, commercial sources)
  • Automated payout processing with no manual claims adjusting
  • Customizable parameters for specific perils and geographies
  • Smart contract infrastructure for transparency and auditability

Target Users: Commercial enterprises, agribusinesses, energy companies, reinsurers

Agriculture Solutions

Weather derivatives and parametric insurance protecting crops and farming operations against drought, excess precipitation, and other weather perils.

Key Features

  • Coverage for small-scale to large commercial farming operations
  • Indexed against satellite and weather station data
  • Available across multiple geographies including emerging markets

Target Users: Farmers, agribusinesses, agricultural lenders

Energy Solutions

Weather and climate risk management products for renewable energy and energy trading companies exposed to weather variability.

Key Features

  • Coverage for production shortfalls due to wind, solar irradiance, and temperature variation
  • Structured as derivatives for accounting flexibility
  • Integration with energy market data

Target Users: Renewable energy developers, energy traders, utilities

Wildfire Solutions

Parametric wildfire risk coverage for businesses and communities in fire-prone regions. In September 2025, Arbol launched an enhanced wildfire parametric product for Western U.S. states, underwritten by Somers Syndicate (Lloyd's of London), with coverage limits up to USD 10 million per policy. The product is triggered by satellite-confirmed fire proximity indicators.

Key Features

  • Objective satellite-based trigger eliminates loss adjustment disputes
  • Coverage limits up to USD 10 million per policy
  • Addresses markets where traditional carriers are withdrawing

Target Users: Commercial property owners, homeowners, communities in California, Colorado, Arizona, and other high-risk Western states

Travel Solutions

Weather-based parametric coverage for travel businesses facing weather-related disruptions.

Target Users: Travel operators, airlines, hospitality companies

Reinsurance Solutions

Risk capital distribution services enabling insurers and reinsurers to take on and transfer climate-linked risk through parametric structures. Demonstrated USD 20 million payout within 30 days after Hurricane Milton (2024).

Key Features

  • Named storm programs
  • Multi-peril structured programs
  • Direct carrier support

Target Users: Carriers, reinsurers, MGAs

Lilypad Insurance (Subsidiary)

Coastal homeowners and property insurance subsidiary combining traditional and parametric coverage approaches. Acquired Centauri Specialty Insurance Company and Centauri National Insurance Company from Applied Underwriters (effective September 30, 2024). In June 2025, Lilypad completed its inaugural USD 30 million catastrophe bond (Sailfish Re Ltd. Koi Re 2025-1) for named storm reinsurance covering Florida, Texas, Louisiana, Mississippi, Alabama, South Carolina, and Hawaii.

Target Users: Coastal homeowners, property investors in hurricane-prone states (Florida, Louisiana, Texas, and other Gulf/Southeast states)

Arbol Insurance Services

Licensed underwriting and brokerage subsidiary specializing in hard-to-place weather risks.

Target Users: Specialty risk clients, wholesale brokers

At a Glance

Founded
2018
Headquarters
New York, New York
Employees
51-200
Funding
Series B

Category & Focus

Category
Specialty Solutions
Subcategories
Parametric Insurance Climate Risk Weather Derivatives
Insurance Verticals
P&C Personal P&C Commercial Specialty/E&S Reinsurance
Target Customers
Carriers, Reinsurers, MGAs/MGUs, Brokers, Consumers

Customers

  • Beazley (risk capacity provider)
  • Standard Chartered (distribution)
  • Arch Insurance (carrier partner)
  • Gallagher Re (reinsurance distribution)

Links

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Last updated: 2026-04-09