MAPFRE invests in climate insurer Blue Marble

MAPFRE has invested in Blue Marble, becoming the sixth member in a consortium dedicated to offering insurance solutions to “underserved” communities affected by climate change. The consortium, which also includes Aspen, Grupo ASSA, Marsh McLennan, TransRe and Zurich Insurance Group, collaborates with various stakeholders to mitigate the impact of climate change on vulnerable livelihoods. Blue Marble, an insurtech company established in 2015, specialises in parametric insurance tools for emerging markets. ...