mea Platform Adopted by Descartes Underwriting to Power Parametric Growth
AI-enabled automation accelerates underwriting workflows for fast, transparent coverage
Bermuda, 13 November 2025 — Descartes Underwriting, a world leader in corporate parametric insurance solutions, has adopted mea Platform’s AI products to enhance automation and data orchestration across its underwriting processes. The implementation expands Descartes’ use of AI to deliver faster, more cost-efficient underwriting decisions—matching the speed and precision of its claims settlement processes, a hallmark advantage of parametric insurance.
Founded in 2019, Descartes’ business has been expanding rapidly, with reported annual growth of around 30 percent and a target of $500 million in premium over the medium term. The company’s adoption of mea reflects its commitment to scale efficiently as demand for parametric coverage continues to grow worldwide.
“Tech and data are at the heart of our DNA. Our parametric solutions enable faster claims, greater transparency, and more affordable protection for brokers and their clients. We see mea as an accelerator for our mission to make insurance more responsive, allowing us to focus on innovation and stronger client relationships,” said Kevin Dedieu, Co-founder and Chief Scientific Officer at Descartes Underwriting.
mea Platform uses proprietary domain-specific language models (dsLM) and agentic AI workflows to power AI across all aspects of insurance operations—from document ingestion to claims to finance. mea is designed for rapid, non-invasive deployment, delivering fast, measurable impact.
Insurance-specific AI is uniquely positioned to address the challenges of parametric underwriting, where precision, speed, and data reliability determine product performance—and responsiveness is a proof point in company growth.
“Descartes represents a new generation of insurance companies that are both data-native and outcome-driven. Their focus on clarity, speed, and trust aligns directly with what mea delivers: AI that understands insurance and operates seamlessly to simplify complex and costly (re)insurance operations,” said Max Richter, EMEA CEO at mea Platform.
About Descartes
Descartes is a corporate insurance specialist that collaborates with brokers to protect their corporate and public sector clients against climate and other emerging risks. At the forefront of AI and data analysis, Descartes utilizes cutting-edge technology combined with a new generation of data sources to model, assess, and manage risks.
Offering a full range of insurance products—including cost-effective and fully transparent parametric solutions with predefined and swift claims payouts—Descartes has already provided over $13 billion in capacity to its clients through corporate brokers.
With a global footprint and strong U.S. presence, Descartes serves a diverse portfolio of clients in more than 60 countries, with 20+ offices across Europe, Asia-Pacific, Latin America, and North America.
Descartes comprises Descartes Insurance, a full-stack insurer operating in several European countries, and Descartes Underwriting, a global MGA backed by a panel of tier-one risk carriers. The company has been financed with over $141 million by investors including Highland Europe, BlackFin, Serena, Cathay, Eurazeo, and Battery Ventures.
descartesunderwriting.com
About mea
Built by industry veterans, mea leverages a domain-specific language model (dsLM) and insurance-specific knowledge graph to deliver end-to-end automation across all aspects of insurance operations. The platform offers rapid, non-invasive deployment, immediate operational impact, and scalability—significantly reducing costs and improving productivity from day one.
www.meaplatform.com
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