“Local weather change and rising exposures are altering the chance panorama,” Bollaert mentioned. “From Melbourne to Miami, the bodily and monetary implications of intensifying pure perils are on the rise, underscoring the necessity for a revolutionary shift in how we, as an business, perceive danger and supply insurance coverage options.
“I’m delighted to be becoming a member of the nice workforce at Descartes Underwriting,” he mentioned. “First, as a result of I totally share its ambition to change into a significant world participant in company resilience to local weather change. Secondly, because of the strategy and assets dedicated to serving this ambition. The clever exploitation of information would be the solely strategy to mobilize market capital within the face of more and more advanced danger.
“And above all, given the expertise comprising the workforce, which is so versatile and sensible, and whose youth and fierce want to serve the reason for local weather transition reassure me about our future. I sit up for persevering with in shut collaboration with Descartes’ world community of brokers to collectively present their purchasers with bespoke options that construct resilience and a clean transition by means of an expanded product line in opposition to local weather danger.”
The corporate has additionally introduced the promotion of Violaine Raybaud to chief working officer.
“We’re happy with the sturdy foundations we’ve constructed and the quick progress delivered by our excellent world workforce,” she mentioned. “Welcoming Louis marks a significant milestone in our continued momentum in the direction of constructing future successes with our dealer companions. As COO, I sit up for steering the workforce to additional infuse know-how and Descartes’ client-first strategy inside our monetary and operations divisions.”
“The local weather is altering and new dangers are rising, whereas excessive inflation might put insurance coverage renewals in danger,” mentioned Descartes co-founder and COO Tanguy Touffut. “But the insurance coverage business is neither structured nor ready to satisfy the evolving challenges purchasers face. That is the place Descartes’ parametric merchandise can play a job in company insurance coverage packages and assist a greater dialogue between danger managers, brokers and carriers. We’re joyful to welcome Louis to the workforce to proceed to gas our product pipeline and shut collaboration with brokers as they navigate a difficult market surroundings and their purchasers’ local weather exposures.”