Instech London Podcast

Jonathan Gonzalez: CEO & Co-founder, Raincoat: The parametric company solving the protection gap at scale (183)

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Synopsis

While weather-related catastrophic events are on the rise, insurance policies and federal aid are still inaccessible for many globally. Jonathan Gonzalez is the CEO and co-founder of Raincoat, a platform to support insurers in the development and distribution of parametric insurance solutions for consumers in at-risk countries and regions. He joins Matthew on Podcast 183 to explain how scalable parametric insurance products are helping to reduce the protection gap, Raincoat’s consumer-focused approach, and tailoring solutions to tackle relevant climate risks in different areas of the world. Talking points include: How Hurricane Maria inspired Jonathan to launch a company How he used his software background to build Raincoat What is needed to successfully collaborate with insurers  The indices used to measure perils and how various data sources are handled  The importance of regulation in the application of parametric insurance You can get more information about Raincoat on the company’s InsTech London member