
The Demex Group
Insurance, , District of Columbia, Washington, 20005, United States, 11-50 Employees
Who is THE DEMEX GROUP
Severe thunderstorms are causing the biggest losses for insurers today and, historically, when a standout threat emerges the insurance industry responds by carving that peril out of stand...
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Headquarters: Washington, District of Columbia, 20005, United States
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Date Founded: 2020
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Employees: 11-50
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Revenue: $10 Million to $25 Million
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Active Tech Stack: See technologies
Industry: Insurance
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Frequently Asked Questions Regarding The Demex Group
Answer: The Demex Group's headquarters are located at , District of Columbia, Washington, 20005, United States
Answer: The Demex Group's official website is https://thedemexgroup.com
Answer: The Demex Group's revenue is $10 Million to $25 Million
Answer: The Demex Group has 11-50 employees
Answer: The Demex Group is in Insurance
Answer: The Demex Group contact info: Phone number: Website: https://thedemexgroup.com
Answer: Severe thunderstorms are causing the biggest losses for insurers today and, historically, when a standout threat emerges the insurance industry responds by carving that peril out of standard policies so that it can be modeled, priced, reinsured, marketed, and addressed separately (like cat bonds). Demex is under the radar working on this precise product for thunderstorms. For the first time this year, during reinsurance renewal season, Demex will be selling a fix into the US market: Two of the top three global reinsurance brokers are selling Demexs storm product to their insurer customers this year its like a security patch for insurers overwhelmed by these losses. Major investors with weather desks are backing (providing capacity for) the product.
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