Descartes Underwriting, a specialist in corporate parametric re/insurance solutions for climate and emerging risks, has adopted mea Platform’s AI products to enhance automation and data orchestration across its underwriting processes.
Founded in 2019, Descartes’ business has been expanding rapidly, with reported annual growth of around 30% and a target of $500 million in premium over the medium term.
The company’s adoption of mea reflects its commitment to scale efficiently as demand for parametric coverage continues to grow worldwide, the firm stated.
“Tech and data are at the heart of our DNA. Our parametric solutions enable faster claims, greater transparency, and more affordable protection for brokers and their clients. We see mea as an accelerator for our mission to make insurance more responsive, allowing us to focus on innovation and stronger client relationships,” said Kevin Dedieu, Co-founder and Chief Scientific Officer at Descartes Underwriting.
mea Platform uses proprietary domain-specific language models (dsLM) and agentic AI workflows to power AI across all aspects of insurance operations – from document ingestion to claims to finance. mea is designed for rapid, noninvasive deployment, delivering fast, measurable impact.
AI specifically designed for the insurance sector is uniquely suited to address the challenges of parametric underwriting.
Success in this field hinges on product performance driven by precision, speed, and dependable data – all of which are key factors in proving a company’s growth and responsiveness.
Max Richter, EMEA CEO at mea Platform, stated: “Descartes represents a new generation of insurance companies that are both data-native and outcome-driven. Their focus on clarity, speed, and trust aligns directly with what mea delivers: AI that understands insurance and operates seamlessly to simplify complex and costly re/insurance operations.”
About the Author
