Kettle balances risk in a changing climate. We use AI-powered reinsurance to protect people and society from increasing climate crises. First product is CA fire
Global warming has put an extra 300m people at risk of floods. It’s an emergency. It’s also a generational opportunity in risk markets. Now @Floodbase enables the world's top insurers to offer coverage to people and places that were once uninsurable. https://bloomberg.com/news/articles/2023-01-26/how-flood-insurance-is-evolving-thanks-to-new-climate-data…
As we grow the size of our Fintech investment team at Lightspeed, we’ve realized our excitement about fintech is increasing in frequency and depth. Hopefully our insights can help jump start fruitful conversations in the #fintech community.
@lightspeedvphttps://link.medium.com/sFwjBBJPIwb
We made it on @TIME’s list of Best Inventions 2022! So proud of our team’s hard work towards protecting our power grid to reduce #wildfires and #poweroutages.
You can learn more about our product and get in touch here: https://gridware.io#TIMEBestInventions#werehiring
Tune in now to watch the top 5 #AIforGood#startups compete to become the 2021 #InnovationFactory Grand Finale winner! | AIforGood Innovation Factory @tortorabrayda@SarahStorelli1@sibarakihttps://twitter.com/i/broadcasts/1RDGlgbjBMzKL…
Congrats to the @ourkettle team on the Series A! Reinsurance is a $400B/year industry, but it's faltering as climate catastrophes strain outdated risk models. https://techcrunch.com/2021/11/19/kettle-books-25m-for-its-reinsurance-platform-against-fire-and-other-catastrophes/…
Today, portfolio company @ourkettle, announced their $25MM Series A to reinvent climate risk for insurers.
Congrats to @natpmanning, @eze_in_nyc & the entire Kettle team!
https://tcrn.ch/3HFHVkG
Reinsurance一the safety net below the safety net一is a 600-year-old industry that still relies on the past to underwrite the future. But needless to say, grandma probably wasn't used to annual country-sized hellfires.
A wildfire-predicting startup says its AI can help predict wildfires, which could be good for reinsurance companies. The tech could also have other vital, if less profitable, applications https://trib.al/aguJpAd
uses AI-powered reinsurance to protect people and society from increasing climate crises. First product is CA fire.
Incredibly excited by the work they’re doing
So if extreme weather is a regular event, every insurance company model is going to get wrecked.
Anyone relying on those is in trouble, and those betting against or adaptive might do well.
We are thrilled to be finalists for the #FCWorldChangingIdeas Award by @FastCompany ! Wonderful to be recognized for using Deep Learning to protect people and society from climate change. https://fastcompany.com/90624506/world-changing-ideas-awards-2021-general-excellence-finalists-and-honorable-mentions…
’ earth tech investments look at #climatechange through the insurance industry and creating security for people as we deal with enviro challenges like never before.
We are pleased to announce the release of our 2021 InsurTech Impact 25 report, revealing 25 technology-led businesses well placed to have an impact on the industry and help insurers succeed in the “digital decade”.
Download the report here: https://hubs.la/H0JMy7Z0
Once-in-a-generation wildfires are happening every other year, scaring the bejesus out of traditional re/insurers @ourkettle is using swarm neural networks to underwrite wildfire risk in a smarter fashion and more discerning fashion
https://thefuturestate.substack.com/p/kettle-wildfire-reinsurance…
1/