Climate change not only comes with a high cost for our planet, but for the economy as well.

For context, between 1980 and 2022, EU member states havesuffered lossesof assets worth 650bn.

London-based BirdsEyeView offers a solution.

ESA-backed startup raises funding for weather-based insurance tech

The insurtech spacestartupusessatellitedata to develop insurance solutions for severe weather and provide SMEs with access to weather-based parametric products.

This way it enables a more efficient and precise risk selection and management process.

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Ioanna Lykiardopoulou

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

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