Florida home insurance has punished tourists, homeowners and insurers alike. Mangrove's answer is a selective book of business, local agents and layers of capital built to survive the weather rather than wish it away.
A New York insurtech wrote a policy that pays out automatically when AWS, Azure or Google Cloud stops working. Then, on one July morning, CrowdStrike proved the whole thesis was worth billions.
Arbol turns rainfall, wind speed and temperature into financial triggers. Its wager is that climate insurance can move faster when the argument over damage is replaced by a line in the data.