Climate Protection For All
We provide climate insurance powered by satellite data:
accurate, accessible and affordable
Climate Protection for All
Suyana delivers accurate, accessible and affordable climate insurance
by leveraging satellite technology, remote sensing and global climate
models
The Climate Protection Gap
Droughts, floods, and extreme climate events take an enormous toll on families, businesses, and local communities, destroying $300 billion in assets and economic activity every year. This figure is only expected to grow in the near future.
42% of these losses are not covered, and this protection gap is even larger in the developing world.
Suyana leverages high-precision satellite data to deliver accurate, accessible, and affordable climate insurance. We provide protection against droughts, storm surges, and floods, partnering with banks and other financial institutions to scale protection.
Parametric Technology
Suyana leverages high-precision satellite technology alongside
proprietary algorithms
to deliver precise and reliable parametric insurance.
Data Collection
We gather information from satellites, sensors, global climate models, and field surveys to assess both the climate peril and the value of the exposed assets.
Risk Aggregation
We optimally cluster areas and design products that minimize basis risk by considering local conditions and data availability, ensuring more precise coverage.
Data Enhancement
Using our proprietary technology, we combine multiple data sources to provide a high-resolution characterization of the climatic peril and the economic flows at risk from extreme climate events.
Parametric Trigger
In parametric climate insurance, payouts are triggered when a climate index crosses a predefined threshold. For example, this could occur when soil water content falls below a certain value or when ocean wave intensity exceeds a specific limit.