
Yokahu
Curated by SignalDigital insurer offering parametric weather insurance for climate vulnerable communities.
Overview
Yokahu is a digital insurer that focuses on parametric weather insurance, specifically aimed at communities vulnerable to climate-related extreme weather events. The company employs data science and technology to streamline the insurance process, facilitating rapid disbursement of emergency funds and offering customizable insurance products for natural disasters, including hurricanes and floods. Yokahu's platform integrates real-time data from satellite and meteorological sources to monitor weather events, which allows for prompt payouts and efficient claims processing. The company seeks to mitigate the insurance gap for underinsured communities by providing timely financial assistance and promoting climate resilience through partnerships and innovative approaches.
Key facts
- Founded
- 2019
- Headquarters
- Reading, United Kingdom
- Stage
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- Industry
- Financial Technology
- Sector
- Insurance Technology
Business model
- GTM channel
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- 4 products and services
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- Commercial model
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Contact
- Primary office
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