Arbol: The Future is Insured
Designing a comprehensive parametric insurance platform that has transferred $2+ billion in climate risk coverage across 15+ countries, revolutionizing how the world manages climate-related financial risks.
The Challenge
In 2023, the world faced 398 natural disasters causing $380 billion in losses with a 69% global protection gap. Traditional insurance struggles to scale coverage for climate risks, leaving businesses vulnerable to weather-related disruptions.
The Solution
Created a comprehensive parametric insurance platform that offers swift, objective, and scalable coverage through AI-powered risk assessment and blockchain-based smart contracts, eliminating disputes and delays.
The Impact
Positioned Arbol as the #1 writer of global non-CAT parametric climate risk, transferring over $2 billion in notional risk across 15+ countries, with 50% of clients gaining access to climate risk products for the first time.
Platform Success Metrics
Understanding the Climate Risk Problem
The global protection gap in climate risk coverage represents one of the most pressing challenges facing businesses today. Traditional insurance models are failing to scale effectively.
Traditional Insurance Limitations
- Lengthy claims processes taking months to resolve
- Subjective damage assessments leading to disputes
- Limited coverage for emerging climate risks
- High barriers to entry for smaller businesses
Parametric Insurance Advantages
- Payments issued in as little as 2 weeks
- Objective, third-party data verification
- Transparent, automated payouts
- Scalable coverage for diverse risk profiles
Design Process & Methodology
Research
Market analysis, user interviews, competitive research
Ideation
Concept development, user journey mapping
Design
Wireframing, prototyping, visual design
Validation
User testing, iteration, performance monitoring
Brand Identity & Visual System
Trust-Driven Visual Language
Developed a sophisticated brand identity that balances cutting-edge technology with the reliability required in financial services. The visual system emphasizes transparency, data accuracy, and global accessibility.
Global Accessibility
Design system that works across diverse markets and regulatory environments, supporting 15+ countries.
Data Transparency
Visual elements that emphasize data integrity and objective risk assessment methodologies.
Financial Credibility
Professional aesthetics that instill confidence in high-value financial transactions and risk transfer.
Platform User Experience Design
Risk Assessment Dashboard
Designed intuitive dashboards that transform complex climate data, weather patterns, and risk metrics into actionable insights for underwriters and clients.
- Real-time weather data integration
- AI-powered risk modeling visualization
- Multi-source data validation indicators
- Geographic risk mapping tools
Parametric Contract Builder
Streamlined the complex process of creating parametric insurance contracts through guided workflows, intelligent parameter suggestions, and real-time pricing calculations.
- Step-by-step contract configuration
- Dynamic pricing optimization
- Risk parameter validation
- Regulatory compliance checks
Client Portal & Mobile Access
Created responsive client-facing interfaces that provide real-time coverage status, claim tracking, and payout notifications accessible from anywhere in the world.
- Real-time coverage monitoring
- Automated payout notifications
- Multi-language support
- Cross-platform compatibility
Arbol Technology Ecosystem
Expansive Data Infrastructure
Integration with NOAA, NASA, ESA, and commercial data sources for institutional-grade climate intelligence and risk assessment.
AI/ML Underwriter
Machine learning algorithms that enhance underwriting precision and optimize risk assessment accuracy across diverse market conditions.
Arbol Platform
Integrated platform with advanced analytics to streamline client enrollment and coverage management for agents and brokers.
Flexible Risk Capital
Dedicated risk capacity enabling bespoke and tailored solutions for diverse client needs across multiple industries and regions.
Blockchain Integration
Smart contracts ensuring transparent, automated, and tamper-proof insurance execution with objective payout triggers.
Diverse Client Base
Serving everyone from small farmers to large corporations with tailored insurance solutions for unique climate challenges.
Project Impact & Results
"The 6,600 bales we ginned was just about enough to pay the light bill… with very little cotton there was no income, so this [payment from Arbol] is going to be a large chunk of the income that comes in for my bank this year."— Al Crisp, Owner, Punkin Center Gin, Lamesa, TX
The comprehensive platform design has positioned Arbol as a global leader in parametric insurance, closing critical protection gaps and enabling unprecedented access to climate risk coverage across diverse markets and industries.
Key Design Insights
Simplifying Complexity
The biggest challenge was making sophisticated financial and meteorological concepts accessible to diverse user groups, from small farmers to enterprise risk managers.
Solution: Progressive disclosure, contextual help, and visual data representation that guides users through complex processes step-by-step.
Building Trust Through Transparency
Insurance inherently involves trust, but parametric insurance required explaining entirely new concepts to build confidence in automated payouts.
Solution: Real-time data source visualization, clear payout trigger explanations, and comprehensive audit trails for all transactions.
Global Scalability
Designing for 15+ countries meant accommodating different regulatory environments, currencies, languages, and risk profiles.
Solution: Modular design system with configurable components, multi-currency support, and adaptable risk modeling frameworks.
Real-Time Decision Making
Users needed immediate access to critical information during weather events and risk scenarios to make informed decisions.
Solution: Mobile-first design with push notifications, offline capabilities, and streamlined interfaces for emergency situations.