MAPFRE invests in the Blue Climate Climate Company Marble

MapFre has invested in Blue Marble, to become the sixth in a union dedicated to providing insurance solutions to “deprived” societies affected by climate change.

The consortium, which also includes ASPEN, Grupo Assa, Marsh Mclenan, Transer and Zurich Insurance Group, cooperates with various stakeholders to mitigate the effect of climate change on weak livelihoods.

Blue Marble, which was established in 2015, specialized in Parameter insurance tools for emerging markets.

The company said that its own property platform supports these tools, which facilitates expansion.

“Mapfre’s membership is a milestone in our tenth annual year and a strong signal of the increasing importance of climate flexibility,” said Blue Marble Jaime De Piniés.

“Over the past decade, Blue Marble has shown how global insurance companies, which work together, can launch the first products and bring protection to deprived societies around the world. With MAPFRE joining, our ability to expand these innovations and close protection gaps become stronger.”

For the first ten years, Blue Marble has provided insurance programs in 16 countries.

These programs aim to enhance climate flexibility for small holders, workers and small and medium enterprises (SMES) in regions such as Africa, Asia and Latin America.

“Joining Blue Marble is a natural extension of MapFre’s commitment to building flexibility for societies facing the greatest climate risk. By combining our technical knowledge, our global existence and Consortium’s collaborative approach, can be for MapFre expands the scope of innovative solutions where this is needed. “

In July, Mapfre Re Reach an agreement To license Iceye floral visions.

Iceye data is expected to improve the MAPFRE RO’s ability to respond to flood events.

“MAPFRE is invested in the Blue Marble Climate Company, originally created and published by International Life InsuranceThe brand owned by Globaldata.

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