# WESMARTi

> B2B2C parametric insurance platform connecting carriers, reinsurers, and distributors in an open ecosystem

## At a glance

| Field | Value |
| --- | --- |
| Category | Specialty Solutions |
| Type | Solutions Provider |
| Region | EMEA |
| Headquarters | Rome, Italy |
| Founded | 2019 |
| Stage | Growth |
| Employees | 1-10 |
| Funding | Bootstrapped |

## Overview

WESMARTi is a B2B2C insurance service platform for carriers, reinsurers, brokers, and distributors operating in the parametric and specialty insurance segments. The company emerged from a multi-stakeholder experiment involving major Italian carriers, brokers, academics, and regulators who piloted parametric policies on blockchain infrastructure.

The platform delivers a digital insurance marketplace based on blockchain and smart contract technology, automating underwriting, policy issuance, and claims processing. Parametric triggers -- executed via Oracles linked to real-world data -- remove manual claims adjudication, enabling straight-through settlement. All transactions are recorded on an immutable ledger, providing full visibility to insurers, reinsurers, regulators, and policyholders.

WESMARTi has deployed its platform in collaboration with Cattolica Insurance and Reale Mutua to serve the Italian agrifood market, providing phytosanitary risk coverage for wine grape supply chains. The company is a member of the Italian Insurtech Association (IIA) and was recognized by Digital Insurance Agenda as one of 100 insurtechs to watch in 2021.

## Products & services

### Parametric Insurance Platform

A blockchain-based platform that automates the full parametric insurance lifecycle -- from digital underwriting and policy issuance to automated claims triggered by Oracle data feeds. Smart contracts encode coverage terms and settlement logic, removing manual intervention from claims processing.

**Key features:**

- Oracle\-driven parametric triggers linked to external data sources
- Smart contract encoding of policy terms and payout logic
- Immutable blockchain ledger for all policy and claims events
- Automated straight\-through claims settlement

*Target users:* Carriers, reinsurers, and brokers launching parametric products

### Digital Insurance Marketplace

An open B2B2C marketplace where distributors can discover risk carriers or brokers and configure new, automated insurance products. The many-to-many model supports consumer and corporate product lines.

**Key features:**

- Carrier and broker discovery for distribution partnerships
- Configurable digital product setup for new insurance lines
- Full ecosystem transparency for all participants
- Support for both consumer and corporate coverage lines

*Target users:* Distributors, MGAs, carriers building digital distribution channels

### Agrifood Parametric Insurance

A purpose-built solution for agricultural risk management, deployed with Cattolica Insurance and Reale Mutua for the Italian wine grape supply chain. Provides phytosanitary risk coverage via parametric triggers and blockchain settlement.

**Key features:**

- Parametric coverage for crop\-specific phytosanitary risk
- Weather and agronomic data integration via model partners
- Blockchain\-based policy and settlement recording
- Designed for farmers and agricultural cooperatives

*Target users:* Agrifood producers, agricultural insurers, cooperatives

## Category & focus

- Subcategories: Parametric Insurance, Blockchain Insurance Infrastructure, Digital Insurance Marketplace
- Insurance verticals: Specialty/E&S, P&C Commercial, Reinsurance
- Target customers: Carriers, Reinsurers, Brokers, MGAs/MGUs

## Notable customers

- Cattolica Insurance \(agrifood parametric pilot\)
- Reale Mutua \(agrifood parametric pilot\)
- Universita Cattolica \-\- CeTIF \(research partner\)
- Reply \(technology partner for blockchain implementation\)
- Horta \(model and data provider for agrifood solutions\)

## Links

- Website: <https://www.wesmarti.com>
- Directory profile: <https://insurtechlist.com/companies/wesmarti/>
- The digital insurer directory: <https://www.the-digital-insurer.com/insurtech-directory/wesmarti-insurtech/>
- Digital insurance agenda profile: <https://www.digitalinsuranceagenda.com/567/wesmarti-positioning-digital-products-with-new-customer-experiences-in-underserved-markets/>

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*Last updated: 2026\-06\-30*