CelsiusPro, founded in early 2008, is specialized in structuring and originating tailored index solutions to mitigate the effects of adverse weather, climate change, and natural catastrophes. CelsiusPro applies its index logics to big data in order to design insurance products. The use of the latest technology enables them to provide smart climate insurance and enhance climate-smart behavior. By reducing distribution, claims, and administration costs they can achieve lower premiums.
CelsiusPro is offering customized parametric insurance solutions to clients ranging from subsistence farmers to multinational companies. A proprietary online platform for risk modeling, pricing, execution, transaction lifecycle management, and reporting allows CelsiusPro to model, price, and transact a large number of weather transactions instantly at low cost. Additionally, training on index design, pricing, and processes is provided to the clients using the platform. CelsiusPro serves all weather dependent
