Descartes Underwriting

Software & Data Risk & insurance Climate risk Parametric insurance Solar Wind yield

Parametric insurer for climate and emerging risks, with dedicated products for solar farms, wind yield and renewable energy operators.

Descartes operates two entities — Descartes Underwriting, a global MGA writing on A+ rated paper, and Descartes Insurance, an EU-licensed full-stack carrier — from Paris. The energy and renewables book includes a dedicated solar farm programme covering hail and severe weather, wind yield cover for generation shortfall, and drought and excessive rain products relevant to hydro and thermal operations. The firm cites 35+ products in 60+ countries, 150+ risk modelling and science staff, more than 600 large corporate and public-entity clients, and over $250M of gross written premium in 2025.

Headquarters: Paris
Employees: 201–500
Business model: Services
Ownership: Venture-backed

Sells to

Renewable operatorsUtilitiesCorporatesPublic entities

Interconnection queue footprint

No queue positions recorded under this name. Expected for software, capital and supply chain companies, which do not hold interconnection requests.

Sources

· Curated research

Written profiles are hand-entered and not independently verified. Queue figures are computed from ISO interconnection data and reflect requested capacity, not built capacity.

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