The Demex Group
Insurance
New York City, New York, United States
24 employees
- Employees
- 24
- Contacts
- 4
- Emails
- 4
- Phones
- 4
The Demex Group Overview
- Headquarters
- New York City, New York, United States
- Website
- thedemexgroup.com
- Industry
- Insurance
- Employees
- 24
- Founded
- 2020
- Funding
- 10.3M
- NAICS
-
Insurance Carriers and Related ActivitiesAgencies, Brokerages, and Other Insurance Related Activities
About The Demex Group
Demex is a technology-enabled services company that enables insurance companies to mitigate the economic impacts of climate change. Growing losses from severe weather are making the business model for insurance companies unsustainable. Over the past decade, losses from such events as severe convective storms (SCS), hailstorms, derechos, winter storms, and drought have vastly outpaced damages from traditional catastrophes such as hurricanes, wildfires, and earthquakes. Demex is pioneering a vital transformation in severe weather reinsurance to enable insurers to survive these risks. Our product, Retained Climate Risk Reinsurance (RCR Re), is a groundbreaking reinsurance offering that enables insurance companies to transfer climate risk by modeling, structuring, and settling the accumulation of small- and medium-sized insurance claims that are caused by severe weather. This product is powered by cutting edge technology, sophisticated modeling techniques, and extensive weather risk datasets to perform predictive modeling and risk analysis at scale. Demex launched RCR Re in 2023 and had a breakout year, transacting over $60M in climate risk and building a strong coalition of marketplace partners. Demex’s reinsurance solution for secondary perils won the ‘Insurtech Product of the Year’ at the 2024 Insurance Insider Honors and ‘Innovation in Parametrics (Weather and NatCat - Private Sector)' at the global Parametric Insurer Awards 2024.
The Demex Group Contact Details
- People in AeroLeads
- 4
- With contact data
- 4
- Email contacts
- 4
- 100.0% coverage
- Phone contacts
- 4
- 100.0% coverage
The Demex Group Org Chart
Sample employees and titles| Name | Title | Location | Contact |
|---|---|---|---|
| Hank Hattemer | COO & General Counsel at Blue Bear | Jackson, Wyoming, United States |
Email
Phone
|
| Andrew Janke | Director of Quantitative Systems | Brooklyn, New York, United States |
Email
Phone
|
| Matt Coleman | Chief Risk Officer at the Demex Group | San Francisco Bay Area, United States |
Email
Phone
|
| Charlie Eadie | Helping Insurers Manage Severe | Columbia, South Carolina, United States |
Email
Phone
|
Employees by Management Level
Executive
2 profiles
Director
2 profiles
Individual contributor
2 profiles
Department Contact Coverage
| Department | Contacts | Phone | |
|---|---|---|---|
| General | 1 | 1 | 1 |
| Executive | 1 | 1 | 0 |
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