The startup Arbol has launched an AI and blockchain-driven climate insurance platform dRe
ChainCatchcer news, according to CoinDesk, New York-based startup Arbol has launched a parameterized insurance platform called dRe, powered by artificial intelligence (AI) and blockchain, developed in collaboration with RiskStream Collaborative, which claims to be the largest enterprise blockchain alliance in the insurance industry.
According to data from Allied Market Research, the market size is expected to double, partly due to the uncertainties brought by climate change. Parametric insurance plans provide compensation for weather-related events such as storms and floods. (Source link)
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