InRisk Labs
Parametric Insurance Innovation for Climate & Disaster Risk
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Overview
InRisk Labs applies advanced data analytics, AI-driven pricing, and real-time monitoring to build versatile parametric insurance products tailored to environmental risks like floods, droughts, and cyclones. Its solutions automate claims triggers based on predefined indices, reducing delays and uncertainty common in traditional insurance. The platform supports integration via APIs and leverages blockchain for transparency and efficiency. InRisk Labs targets diverse applications, from agriculture and infrastructure to renewable energy and livelihood protection.
Who It's For
Governments, Multilateral Agencies, (Re)Insurers, Insurance Intermediaries, Corporates tackling climate risk
Key Strengths
Data-driven parametric risk solutionsRapid automated payoutsAPI integration for partnersAdvanced climate & actuarial analytics
Primary Use Cases
Climate & disaster parametric insurance
Crop and agriculture risk protection
Infrastructure and business interruption cover
Renewable energy and productivity loss protection
Livelihood & supply chain risk insurance
Technical Specifications
Supported AI Models
Proprietary AI/ML
Deployment Methods
Cloud
Supported Languages
English
Company Information
Location
Ahmedabad, India
Company Size
11-50 employees