# Sereno > Parametric weather insurance for SMEs, with payouts triggered automatically by weather data ## At a glance | Field | Value | | --- | --- | | Category | Specialty Solutions | | Type | MGA | | Region | EMEA | | Headquarters | Paris, France | | Employees | 11-50 | ## Overview Sereno is a Paris-based parametric weather insurance MGA targeting small and medium-sized enterprises across European markets. The company was founded in 2018 as HD Rain, a hyper-local rainfall measurement firm, and rebranded as Sereno in April 2026 when it expanded from weather data services into direct insurance distribution for SMEs. The company underwrites parametric weather products across eight industry verticals, including maritime, construction, micromobility, outdoor leisure, agriculture, events, energy, and transport. Carrier capacity is provided by A-rated Lloyd's of London syndicates and A+ rated European insurers. Rather than paying claims after adjustment, the policies pay out automatically when measured weather thresholds are met, eliminating the need for traditional loss assessment. Sereno's differentiation rests on its proprietary hyper-local weather data infrastructure, which combines second-generation sensor networks with satellite data and artificial intelligence. The company uses climate-adjusted pricing algorithms to calibrate premiums against precise local exposure, and offers policyholders a real-time portfolio monitoring dashboard with proactive weather alerts. ## Products & services ### Parametric Weather Insurance Sereno's core program provides weather-related business interruption coverage for SMEs. Policies are structured around predefined weather triggers -- such as rainfall levels, wind speed, or temperature thresholds -- monitored automatically by the platform. When conditions exceed the trigger, a payout is issued without requiring a claims submission or on-site adjustment. **Key features:** - Business interruption coverage triggered by defined weather conditions - Multi\-peril parametric options across various weather event types - Automatic payout upon trigger activation, no claims adjustment required - Backed by A\-rated Lloyd's and European insurer capacity *Target users:* SMEs in weather\-sensitive sectors including maritime, construction, outdoor events, agriculture, logistics, micromobility, energy, and transport *Distribution:* Direct to SMEs ## Category & focus - Target customers: Consumers ## Links - Website: - Directory profile: - Linkedin: - Press/news: - Technology: - Methodology: --- *Last updated: 2026\-07\-11*