Raincoat

[Raincoat @getraincoat]

Addressing the resilience-building potential of a well-designed automated climate insurance product is the core pillar of our work.

We are ready to provide large-scale & accessible insurance to the world’s most vulnerable communities.

#RaincoatCollaborates #climateinsurance

[Raincoat @getraincoat]

Our Head of Strategic Partnerships, @sofi_m breaks down why parametric #insurance is so important. Follow this thread to find out:

[Raincoat @getraincoat]

💵With cash in-hand, people are more likely to avoid taking extreme measures to cope after a disaster, such as selling off their productive assets.

[Raincoat @getraincoat]

“The insurance industry has been warned to process claims faster and step up risk management as climate change puts more pressure on the industry”.

Read more from @FinancialReview about the need for industry change: https://t.co/jJCEufPmwG

[Raincoat @getraincoat]

As #climatechange exacerbates the severity of disasters worldwide, it's crucial that governments form partnerships with insurance providers to distribute #disasterrelief.

Our #parametricinsurance solutions help to achieve this.

#RaincoatCollaborates

[Raincoat @getraincoat]

With extreme weather intensifying, Australia is almost becoming an “uninsurable nation”.

By adopting our #parametricsolutions, Australia’s insurers can overcome these pressing climate challenges.

Read about Australia’s insurance industry: https://t.co/a1gLJx7RCg

[Raincoat @getraincoat]

The global #parametricinsurance industry is expected to reach $29.3 BN by 2031.

Ready to provide large-scale & accessible insurance to the world’s most climate-vulnerable communities? Partner with us today.

Read about the future of parametric insurance: https://t.co/Wj8YxZLLhe

[Raincoat @getraincoat]

@Bankrate: “Insurers are affected by more #extremeweather, whether that’s hurricanes, floods or some other event. This could lead to higher insurance premiums.”

Raincoat supports #insurers and #government institutions to speed up aid distribution.

https://t.co/XxH19A1iAp

[Raincoat @getraincoat]

Insurance is at the heart of this week's final #COP27 discussions around loss and damage funding.

20 countries vulnerable to #climatechange have set up an insurance fund to provide immediate financial support to rebuild post-catastrophe.

Read more here: https://t.co/ysicYd8phD

[Raincoat @getraincoat]

Today, we spotlight one of the most valued members of the Raincoat family: Chief Insurance Officer Luis F. Mathieu.

Before joining Raincoat a year ago, Luis spent 30 years working in insurance across LatAm, notably as CEO of Chubb Brazil/Colombia, and at RSA & QBE.

#Raincoat

[Raincoat @getraincoat]

Did You Know?

Bacarena (North Brazil) and Campinas (Southeast Brazil) have joined the @UNDRR’s #MCR2030 initiative.

Both vulnerable cities are using progressive policies to improve their resilience to climate change.

Discover the initiative here: https://t.co/qt4MSiRVy5

[Raincoat @getraincoat]

“The world’s transition to net-zero emissions will cost trillions of dollars and present new kinds of risks.”

A pro-active approach will enable insurers to capture a once-in-a-generation opportunity.

Read why: https://t.co/aIo3CIGeJM

[Raincoat @getraincoat]

“It is essential to address quality of life after a natural disaster.”

Learn why Raincoat’s embedded climate insurance solutions are more important than ever in this @insurzine interview with our CEO and co-founder @jonbyte

https://t.co/XjF2oV3mrD

[Raincoat @getraincoat]

@JonathanGonzalez, our CEO, is currently speaking at the 5th National @AdaptationForum.

Connect with Jonathan in person to learn about parametric & inclusive insurance for climate disasters, and how we support affected low-income households, with help from our partners.

[Raincoat @getraincoat]

We are committed to helping everyone get back on their feet quickly.

With the resilience that characterizes all Puerto Ricans, we know that we'll rise even stronger and continue to protect our island during its most vulnerable moments.

[Raincoat @getraincoat]

Today our mission resonates more than ever. Our team wants to send a lot of strength to everyone affected by the ravage of Hurricane Fiona in Puerto Rico.

A few years ago, we created Raincoat to provide additional and fast protection to those affected by natural disasters.

[Raincoat @getraincoat]

Finally, we're always open to helping other founders, so don't hesitate to reach out if we can help.

[Raincoat @getraincoat]

Thank you @anthemis, @SoftBank_Group, @Consorcio_CL, @305venture, @divergecap, and @popular for trusting our company. We are also grateful to the local entrepreneurial ecosystem for supporting our endeavor from day one. https://t.co/sjGV1bHzWz

[Raincoat @getraincoat]

A big shout out to our partners as well, who trusted us and supported us during our initial years.
This investment will allow us to keep expanding worldwide, strengthen our partnerships and keep working on our mission to create climate-focused insurance to protect people at scale