Managing general agent Descartes Underwriting has launched Descartes Insurance, a full-stack insurer backed by A-rated risk carriers. Headquartered in Paris, Descartes Underwriting also has offices around the world, including a presence in London. It focuses on climate risk insurance products.

Tanguy Touffut, CEO of Descartes Underwriting and non-executive chairman of Descartes Insurance, said: “We seek to represent the next generation of risk transfer markets backed by industry leaders. By combining innovative insurance structures, powerful technology, and our own risk capital, we protect clients against the full spectrum of climate and emerging risks with unparalleled efficiency.”

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