Riskwolf

If you can measure it. You can insure it.

Specialty Solutions Startup Seed

Overview

Riskwolf is a parametric insurance technology platform for insurers and MGAs, enabling them to design, launch, and operate parametric insurance products at scale. Founded in 2019 and headquartered in Zurich, Switzerland, the company serves carriers and agricultural lenders across EMEA, APAC, and emerging markets including India, Australia, Africa, and New Zealand.

The platform is delivered API-first and covers the full parametric insurance workflow: product design, automated underwriting and pricing, trigger monitoring, and payout processing. It ingests real-time weather and climate data from sources including the India Meteorological Department, the Australian Bureau of Meteorology, and European ECMWF ERA5 datasets, and supports a range of peril types including precipitation extremes, temperature stress, humidity-based risks, wind, and soil moisture. A separate cloudINSURE module extends the platform to digital risks such as internet and cloud outages.

Riskwolf has deployed solutions with insurers including HDFC ERGO in India and agricultural lenders such as AgGuard (Australia/New Zealand) and Altimapa Capital (Africa). The company raised a CHF 750K pre-seed round in 2021 led by SICTIC and astorya.vc, and secured a CHF 1.6M non-dilutive Swiss Accelerator grant from Innosuisse in 2023 for the cloudINSURE product. Total reported funding stands at approximately USD 2.24M.

Products & Services

Parametric Insurance Platform

Riskwolf's core platform provides end-to-end tools for creating and operating parametric insurance programs. Insurers can configure triggers, set pricing models, activate coverage, and process payouts through a unified workflow.

Key Features

Flexible trigger configuration with support for multiple weather and climate peril types
API-first architecture for insurer and distribution partner integrations
24/7 automated trigger monitoring with real-time payout alerts
Policyholder access portals and payout processing

Target Users: Insurers, MGAs

cropINSURE

Parametric crop insurance solution using local and global weather datasets to deliver automated payouts triggered by weather events. Deployed in India (HDFC ERGO appleINSURE for apple growers), Australia and New Zealand (AgGuard), and Africa (Altimapa Capital for smallholder loan protection).

Key Features

Integration with IMD (India), Bureau of Meteorology (Australia), and ECMWF ERA5 global datasets
Supports precipitation, temperature, humidity, soil moisture, and wind peril types
Automated payout processing without manual claims adjustment

Target Users: Insurers, agricultural lenders, MFIs

cloudINSURE

Parametric insurance product covering internet and cloud downtime for enterprises. Detects network outages, models insurance risk, and processes real-time payouts. Can be embedded into e-commerce, food delivery, and telco offerings or operated as a stand-alone policy.

Key Features

Real-time cloud and internet outage detection
Embedded product support for digital platforms
Automated payout triggers on confirmed outages

Target Users: Insurers, enterprise technology providers

Income Insurance (Gig Economy)

Parametric income protection for gig economy workers, providing coverage for income loss due to weather disruptions or connectivity outages.

Target Users: Insurers, gig platform operators

Loan Insurance

Parametric insurance for loan protection, allowing lenders and microfinance institutions to protect borrower repayment against weather shocks.

Target Users: Agricultural lenders, microfinance institutions

At a Glance

Founded: 2019
Headquarters: Zurich, Switzerland
Employees: 11-50
Funding: Seed

Category & Focus

Category: Specialty Solutions
Subcategories: Parametric Insurance Weather Risk Climate Insurance Agri Insurance
Insurance Verticals: Specialty/E&S P&C Commercial Reinsurance
Target Customers: Carriers, MGAs/MGUs

Customers

HDFC ERGO General Insurance Company (India) -- appleINSURE parametric crop insurance for Himalayan apple growers
AgGuard (Australia/New Zealand) -- parametric weather insurance for farmers
Altimapa Capital (Africa) -- parametric loan protection for smallholder farmers