The Demex Group

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
Industry
Insurance
Employees
24
Founded
2020
Funding
10.3M
NAICS
Insurance Carriers and Related Activities
Agencies, 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 Contact
Hank Hattemer COO & General Counsel at Blue Bear
Email Phone
Andrew Janke Director of Quantitative Systems
Email Phone
Matt Coleman Chief Risk Officer at the Demex Group
Email Phone
Charlie Eadie Helping Insurers Manage Severe
Email Phone

Employees by Management Level

Executive 2 profiles
Director 2 profiles
Individual contributor 2 profiles

Department Contact Coverage

Department Contacts Email Phone
General 1 1 1
Executive 1 1 0

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