Yokahu is the MGA at the centre of cat-risk.com, a digital marketplace for worldwide parametric natural catastrophe insurance for a rapidly changing world
Already chosen by:
Brokers can quickly design and place solutions for their clients on the cat-risk.com platform
Fine-tune cover, quickly price, quote and bind the policy using machine learning and platform algorithms
cat-risk.com monitors the weather, automatically identifies claim events and automates payouts
Cat-risk.com is designed to accelerate risk transfer and improve quote-to-bind whilst significantly reducing costs
Yokahu is a Lloyd's Approved Coverholder
Cat-risk.com works across all geographical markets, for all perils
Parametric insurance is a fast, transparent alternative to traditional indemnity cover. Instead of assessing physical damage, it pays out automatically when a pre-agreed trigger — such as wind speed, rainfall, or earthquake intensity — is met. This approach eliminates claims delays, simplifies coverage, and provides liquidity exactly when it's needed. Parametric solutions are increasingly used to protect against climate-related and systemic risks, particularly in regions or sectors where traditional insurance is too slow, expensive, or unavailable.
Parametric weather insurance is a fast, claims-free solution for weather risks. It is ideal for clients in catastrophe-prone or underinsured areas.
Yokahu is an MGA and a coverholder at Lloyd's. We are a 2022 graduate of the Lloyd's Lab and have been developing parametric weather insurance technology solutions for more than five years.
The name Yokahu was chosen as it is the Taino people's creation deity, the zemi of peace, tranquility, agriculture and protector from hurricanes.
Almost always, yes.
Unlike every other parametric insurance platform Cat-risk.com is not tied to a single carrier. We automatically align risk submissions with different carrier appetites based on peril, geography, and attachment points, including facilitating co-insurance structures. Cat-risk.com also provides brokers with a guided quoting engine to help configure and price parametric products, including built-in validation to prevent unviable structures.
Parametric policies have transparent trigger logic and payout automation so the client is not required to initiate a claim and there is no loss adjustment process. Because the policy is digitised, claims are processed much faster, supporting your client to recover more quickly. Yokahu's technology facilitates the speed of the claims process but the claim is always paid out from the Carrier's loss fund.
We are a forward-thinking digital MGA specializing in parametric weather insurance. We develop artificial intelligence and machine learning tools that solve the real-world market problem of faster, more efficient and more relevant insurance products.
of the top 20 brokers already onboarded
of risk capacity available on our platform
