Parachute

🌟 Congratulations to Parachute! 🌟 We are thrilled to announce that Parachute has won the Top Emerging Risk Solution at the Innovation Challenge 2024! Their innovative approach to building resilience against climate disasters through superior risk modeling, a fast payout triggering system, and an accessible online market truly sets them apart. Parachute’s real-time client portfolio optimization showcases the dedication to providing top-tier solutions in the insurance industry.    Congratulations to the entire @Parachute team and Edwin Campos, PhD

Announcing the Finalists for the Top Emerging Risk Solution Award! We are thrilled to introduce the finalists for the "Top Emerging Risk Solution" award, who have showcased exceptional innovation in addressing today’s most critical risks, including climate change, electrification, mental health, renewable energy, technological advancements, and societal shifts. Congratulations to our outstanding finalists: - James Marple at Aniline - Anthony Habayeb at Monitaur - Edwin Campos, PhD at Parachute Congratulations to all the finalists for their groundbreaking work! We look forward to celebrating their achievements and the positive changes they are driving in the industry. Stay tuned for the final announcement! To join: https://lnkd.in/gFeVJSah June 19, 2024 11:00am EST Virtual & Free!

Warming oceans and El Niño have caused some storms to gain strength far more rapidly than predicted. When communities are caught off-guard the results can be devastating. More investment in forecasting, early warning, preparation — and possibly help from artificial intelligence — are parts of the solution. This is some of what International Federation of Red Cross and Red Crescent Societies - IFRC Americas Regional Communications Manager Susana Arroyo Barrantes heard in her interview with the Climate Centre’s Regional Representative for Latin America. It was posted first on the IFRC website earlier this month. Susana Arroyo Barrantes: In October 2023, Hurricane Otis caused astonishment after it went from a tropical storm to a Category 5 in just 12 hours. According to the US National Hurricane Center, it was the most powerful hurricane ever recorded on the Mexican Pacific coast. Did El Niño have something to do with the rapid intensification of Otis?

Our StormStrong product is a Hurricane Supplemental Plan for homeowners and Business Owners. No adjusters are required and our payouts take no more than a week. No Deductibles are needed and singing up is as fast a 4 hours.