Today, we're announcing Stand: property insurance for those impacted by climate-driven disasters. The growing impacts of wind, wildfire, and flood are pushing insurers out of markets, when that safety net is needed most. This can't be solved with insurers' typical tools. 🧵
Bill and the Convective team are building a special kind of investment firm - and backing what will become the world’s most important companies in resilience.
The world is getting warmer while our infrastructure gets older: a recipe for disasters.
We’re excited to announce Fund II: $85M for early stage investments in disaster resilience.
What @danpres and the @standinsurance team are building brings what I previously would have believed to be science fiction to life in the world of insurance
The results speak for themselves with the fastest growth and lowest loss ratios that I’ve seen
This is a special company
At Stand, the same physics spans every major peril — wildfire, hurricane, flood, severe convective storm, earthquake. We intend to help property owners, municipalities, and innovators invent a future that is safer and more insurable.
https://t.co/01RMgfQNyr
Introducing Stand’s World Model, a physics-native frontier model for the built environment. This is how we help the world survive catastrophe: by computing how physical force acts on a structure, protecting property from fire, wind, flood, or earthquake.
Across the US, premiums are rising, insurance is getting scarce, and home values are dropping as a result. In California, homeowners are underinsured by $1T+. The solution is to pair insurance with specific physical changes that measurably change the outcome.
On Aug 1, 2008, I quit finance to start WePay, only for Lehman Brothers to collapse two weeks later.
It felt like the world was ending, yet 18 years later the S&P is up 5X and the financial crisis gave birth to a fintech revolution.
Today something similar is happening 🧵👇
A year ago as LA burned, I wrote about how to stop wildfire at @paulg's urging.
I never shipped it – my wife went into labor that night, and my attention shifted to welcoming our daughter.
One year later, we haven’t fixed wildfire.
But there are five things we can do 🔥👇
Big news 🚀
TI Bluetooth Low Energy chips will now ship with global connectivity via Hubble and Texas Instruments.
• 90M+ terrestrial gateways worldwide
• No GPS
• No cellular
• No gateways to deploy
See it live at #CES2026 — TI Booth N115
Details: https://t.co/yTUnZ6fl30
@standinsurance Most importantly, we haven’t lost any customers due to mitigation needs, which is a core part of our practice: Help our customers protect their homes, while balancing aesthetics, cost, and convenience through the use of a custom physics model of your home.
2025 has been an incredible year at @standinsurance, thanks to our homeowners. Because our customers actively protect their homes from disasters, Stand is renewing all customers with zero rate increases this year, despite market volatility. We’re building a permanent partnership
@standinsurance We’re ending 2025 with over $2B in insured value and a dramatic increase in capacity to insure homes in California and Florida. We believe this represents the solution the insurance crisis: don’t just raise prices. Intervene to protect the structure, in partnership with owners.
At Stand, we’re building insurance for the world’s climate-exposed property. California’s crisis was first and growing. Today, we’re launching in one of the world’s most extreme weather-prone regions: Florida.