HAILIOS

Real-time hail detection data for parametric insurance, risk pricing, and claims verification.

Specialty Solutions Startup Seed

Overview

Hailios is a weather intelligence and hail detection technology company serving the insurance, agriculture, and property sectors. Founded in 2017 and based in Colorado Springs, Colorado, Hailios captures comprehensive, real-time hail data through a network of solar-powered ground-level sensors deployed at monitored locations.

The company addresses a critical gap in the insurance market: because hail melts quickly after a storm, assessing hail damage and pricing hail risk has historically been unreliable and subject to fraud. Hailios provides insurers, parametric risk providers, and other stakeholders an independent, verifiable record of hail events at specific locations -- with precise measurements of hail size, intensity, duration, and frequency.

Hailios is active across the US, Australia, Canada, and Europe, working with over 18 companies across the insurance value chain. The company is an alumnus of the Lloyd's Lab insurtech accelerator program and has established strategic partnerships with major reinsurers and parametric insurers including SwissRe, Berkshire Hathaway, Generali, AON, and AXA Climate.

Products & Services

Eyewitness

A 7 kg, solar-powered IoT sensor installed at ground level to capture real-time weather data. Detects and measures hail characteristics including size, intensity, duration, and frequency. Sensor data is transmitted wirelessly to the cloud for immediate processing and reporting.

Key Features

Real-time hail detection and measurement
Solar-powered with no external power required
Ground-level deployment for precise, location-specific data
Tamper-evident, independent verification of hail events

Target Users: Insurance carriers, MGAs, parametric risk providers, agricultural businesses, property owners

Scoop

A centralized cloud dashboard providing 24/7 remote monitoring and management of all data collected by Eyewitness sensors across a portfolio of locations. Provides analytics and reporting for insurance carriers and property owners.

Key Features

Real-time sensor monitoring and alerting
Historical hail event reporting by location
Portfolio-level dashboard for multi-location management
Exportable data for claims and underwriting teams

Target Users: Carriers, reinsurers, MGAs managing multi-location portfolios

Parametric Data Solutions

Hail event data from Eyewitness sensors used as triggers for parametric insurance products, enabling rapid, transparent claims settlement without adjuster visits. When hail beyond a defined threshold is detected, payment is immediately available without manual claims processing.