Fast, simple, parametric cover for extreme climate events

Our Products

Yokahu develops insurance products specifically designed to protect climate-vulnerable individuals and communities. By protecting communities we create resilience in every entity of society. Organisations, companies and local and national governments all share systemic risk with communities that are vulnerable to extreme weather events.

We have developed our own in-house risk models fed by a variety of data sources that enable us to develop bespoke policies triggered by any type of climate event. Wildfires, floods, droughts, hurricanes and heat waves all generate a parametric index that can be used to inform automated pay-outs.

More than 20 million people are forced from their homes each year due to climate change

Improvements to early warning systems has seen a decline in loss of life over recent decades, but financial losses continue to rise along with the increased frequency and intensity of extreme weather events.

Rising temperatures and sea levels amplify the risk of climate disasters which have tripled in the last 30 years resulting in US$202 million in losses daily.

The financial burden of uninsured losses faced by vulnerable communities is predicted to increase as more of the world's population is exposed to climate risk while excluded from traditional insurance models.

Traditional policies tied to the value of lost assets do not take into account secondary losses such as emergency expenses, loss of earnings and relocation costs. Parametric insurance is triggered by the weather event itself and provides a guaranteed pay-out that can be spent or invested, how and whenever needed.

Products that Yokahu has developed include:

  • Hurricane Forecast Evacuation cover
  • Wildfire Evacuation
  • Post Flood/Wildfire/Hurricane Rent/Mortgage Cover
  • Immediate Alternative Living Costs

These are just examples. We will work with you to design the perfect products for your customers.

  • Tropical Cyclone

    Typhoons and hurricanes are amongst the most destructive weather phenomena. High wind speeds pose risk to life, homes, businesses and infrastructure, compounded by secondary risk of storm surges, flooding, landslides and tornadoes.

  • Drought and Excess Rain

    Too little rain leads to low crop yields and rising food prices, too much can risk soil erosion, flooding and property damage. Either extreme can disrupt safe water supply with lasting health and economic implications.

  • Wild Fire

    The average fire season is lengthening with hotter land and air temperatures increasing susceptibility of previously unaffected areas. Insurance against wildfires provides funds to rebuild, relocate and restabilise communities and workforce.

  • Temperature Variation

    Climate change is linked to increasingly frequent extremes of both hot and cold weather. As temperatures become less stable, so do lives and livelihoods. Insurance linked to temperature parameters release emergency funds to mitigate the cost of disruption.

  • Solar Irradiation

    Solar is an increasingly important part of the energy mix, both at a micro and macro-economic level. Return on capital invested is dependent on sunlight and ambient temperature; parametric offers a way to structure a financial product.

  • Crop Yield

    Agricultural yields can be modelled and predicted using factors such as temperature, rainfall, sunlight, humidity and wind speed throughout the growing season. Yokahu develops parametric products to protect farmers and buyers from unexpected supply-chain disruption.