@understoryweather.com
Understoryâs insurance solutions protect vulnerable businesses from the financial losses caused by severe weather.
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Understory is a brand that focuses on protecting vulnerable businesses from the financial impact of global climate change. With the mission to safeguard every livelihood from the escalating threat of severe weather losses, Understory offers insurance products that are revolutionizing the industry. Traditional insurers often struggle to accurately assess and price this unprecedented risk, leaving coverage unaffordable or unavailable when it is most needed.
Understory, on the other hand, has developed an unrivaled weather risk model powered by a global network of ground-based Dot weather sensors. These sensors are the most accurate, maintenance-free, and fraud-proof in the market. When severe weather strikes, Understory's sensors detect it and trigger quick payouts, eliminating the typical burdensome claims process.
With a commitment to closing the climate coverage gap, Understory ensures that capital quickly flows to where it is needed most after a disaster, offering protection for everything from automobiles to the world's food supply. Headquartered in Madison, Wisconsin, Understory has a dedicated team spread across North America and Europe. With impressive achievements, including $24.
5 million raised and over 600 storms analyzed, Understory is backed by world-class investors. They have recently made headlines by appointing insurance industry leader Neil Irwin as their Chief Strategy Officer and being honored as the AgTech Insurance Solution of the Year. Understory continues to innovate as a recognized Insurtech pioneer
Company Type
Privately Held
Company Size
11-50
Year Founded
2012
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