Kettle

Hamilton, UK
2-10 employees
Kettle is building a smarter re/insurance model for protecting today’s globalized world.

About

Kettle's mission is to balance risk in a changing climate. Kettle uses deep learning and proprietary algorithms to reshape the reinsurance industry and better protect people from the growing risks associated with climate change. Kettle’s first product protects Californians’ businesses, homes, and livelihoods with wildfire reinsurance. To learn more, visit ourkettle.com

You probably have never heard of the $300bn reinsurance industry, but it is the single most important industry in the world to protect ourselves and help society recover from the effects of climate change disasters. This industry is failing due to a 3x increase in $1B+ crises caused by climate change. Kettle’s aim is to use deep learning to ensure that people’s lives are not destroyed when these events happen. By building the most sophisticated machine learning models to predict when and where wildfires happen, Kettle accurately prices the cost of covering wildfire prone areas in California. We are a machine-learning-powered reinsurer, in that we sell reinsurance to insurers, we don't sell software to reinsurers.

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