Artio
Carbon credit insurance MGA covering delivery and payment risks for climate projects worldwide
Overview
Artio is a specialty MGA underwriting insurance for carbon removal and climate projects, operating through Lloyd's of London as a licensed coverholder (Artio MGA Services Limited). The company targets carbon project developers, investors, and aviation counterparties seeking protection against delivery failure and payment default in voluntary carbon markets and CORSIA-compliant offset transactions.
Artio underwrites carbon credit risk using a proprietary model trained on 300+ projects, incorporating machine learning and geospatial analytics to assess financial, climate, political, and methodological delivery factors. Insurance capacity is provided by Tokio Marine HCC International, Markel Corporation, and Apollo Syndicate Management. The FCA-regulated entity is authorized through parent firm D A Strategy Limited (FRN 1027335).
Founded in 2023 and admitted to Lloyd's Lab Cohort 13 in October 2024, Artio received Lloyd's coverholder status in May 2025. The company secured GBP 550,000 in pre-seed funding from Lifetime Ventures and SFC Capital in November 2024. Its CORSIA coverage has been approved by both Verra (January 2026) and Gold Standard (November 2025), enabling it to serve aviation sector demand for accredited carbon offset insurance globally.
Products & Services
Non-Delivery Insurance
Covers the risk that a carbon project fails to deliver the contracted volume of carbon credits. Protection applies across financial instability, climate events, political changes, and methodological issues that reduce project output.
Key Features
- Financial instability and project insolvency
- Climate-related setbacks affecting sequestration volumes
- Regulatory or methodological invalidation of credits
- Political risk affecting project continuity
Target Users: Carbon project developers, carbon project investors, and buyers holding forward purchase agreements
Distribution: Direct to institutional clients and via carbon market intermediaries
Non-Payment Insurance
Covers payment obligations in carbon credit transactions, protecting sellers and intermediaries from counterparty default.
Key Features
- Counterparty default on carbon credit purchase contracts
- Payment security across transaction lifecycle
Target Users: Carbon credit sellers, brokers, and trading counterparties
Distribution: Direct and via carbon trading platforms
CORSIA Adjustment Cover
Specialized insurance for aviation operators and offset suppliers participating in the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). Approved under both Verra and Gold Standard frameworks.
Key Features
- Delivery risk on CORSIA-eligible offset credits
- Approved by Verra (January 2026) and Gold Standard (November 2025)
- Supports aviation sector net-zero compliance obligations
Target Users: Airlines, aviation offset buyers, and CORSIA-eligible carbon project developers
Distribution: Direct and through aviation sector partners including Del Agua and Gunvor
Insurability Assessment
Pre-coverage evaluation of carbon project viability and risk profile, used to determine eligibility and pricing for insurance coverage.
Target Users: Carbon project developers and early-stage project sponsors
Distribution: Direct
Risk Insights Platform
Real-time monitoring service providing continuous performance tracking and early warning signals for insured projects.
Target Users: Carbon project insureds and capacity partners
Distribution: Bundled with insurance policies