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Parachute logo — Climate Risk solutions for your personal and business proper...

Parachute

Climate Risk solutions for your personal and business property

Founded 2020 United States Lisle, United States 6 employees Insurance, Insurtech

General Information

Company Name Parachute
Founded Year 2020
Location United States Lisle, United States +1
Employees 6
Industries Insurance, Insurtech
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About Parachute

Parachute is an insurtech startup founded in 2020, aiming to provide parametric solutions that protect homeowners and small businesses from the financial impacts of natural disasters. With a focus on transparency and immediacy, their slogan "Parametric solutions protecting against natural catastrophes with automatic, transparent and immediate claim decisions" captures their value proposition well. Their data-driven approach makes disaster protection more affordable and accessible. In the event of a natural disaster such as a hurricane, customers can expect immediate assistance in the form of emergency cash. Parachute's innovative approach positions them at the intersection of insurance and insurtech industries, addressing the growing need for reliable natural disaster protection solutions. For individuals and businesses seeking to enhance their disaster preparedness, Parachute offers a promising avenue for safeguarding their financial well-being. To learn more about their offerings and to receive a free estimate, interested parties can contact Parachute at [email protected].

Taxonomy: parametric insurance, weather risk management, disaster recovery, catastrophe modeling, insurtech, data-driven solutions, extreme weather events, hurricane protection, emergency cash, climate change adaptation

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FAQ About Parachute

Climate Risk solutions for your personal and business property
Parachute was founded in 2020.
Parachute is headquartered in Lisle, United States.
Parachute operates in the following industries: Insurance, Insurtech.
Parachute has approximately 6 employees.
Top alternatives and competitors to Parachute include Hurricane Fabric, LLC, CompuWeather, Forensic Weather Experts, Hurricane Unwinder, Wx Risk Global LLC, Rebuilding Together Tampa Bay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Parachute and Hurricane Fabric, LLC are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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