Reinsurance News
Demex Group
Demex announces appointment of next gen C-suite leadership to drive market expansion
2nd December 2025
Demex, a technology-enabled reinsurance solution provider, has announced a number of executive leadership appointments designed to lead the company into its next phase of growth. Michael Anderson was appointed CEO, following a four-year tenure as Chief Growth Officer, with Matthew Coleman, former Chief Risk Officer, named President, Reinsurance. Charlie Eadie was promoted ... Read the full article
Insurers flag SCS as top threat in new Demex survey
18th November 2025
According to a survey commissioned by reinsurance MGA Demex, insurance company executives consider severe convective storms (SCS) to be the top peril in terms of balance-sheet impact, underscoring aggregate loss coverage for working-layer property risks as a viable solution for transferring this exposure. The survey, distributed to American Property Casualty Insurance ... Read the full article
Demex reopens aggregate loss reinsurance market for frequent storm losses with new solution
22nd July 2025
Demex, a climate risk MGA and data analytics firm based in Washington, D.C., is driving a shift in how the reinsurance industry handles the financial burden of severe convective storms (SCS). With a new aggregate, working-layer reinsurance structure, Demex has become the first to successfully provide scalable coverage for high-frequency storm ... Read the full article
Demex Group’s Chief Scientist to lead Industry Advisory Board of Center for the research of convective storms
26th September 2024
Stephen Bennett, Demex Group's Chief Scientist, a risk analytics and intelligence company offering reinsurance solutions for severe convective storms, is to lead the Industry Advisory Board for a new Cooperative Center for Interdisciplinary Research on Convective Storms. The Center - proposed by Northern Illinois University and the University of Wisconsin-Madison, along ... Read the full article
Demex bolsters its Advisory Board with appointments of industry veterans
12th September 2024
Demex, the risk analytics and intelligence firm offering reinsurance solutions for severe convective storms, has created a new Advisory Board comprising seasoned insurance executives, John DeMartini, Alastair Speare-Cole and Matthias Weber. The announcement follows Demex’s $10.25m capital raise as the Advisory Board aims to guide the company's growth. With special ... Read the full article
The Demex Group raises $10.25m for its weather and climate reinsurance solution
6th September 2024
The Demex Group, a technology-enabled managing general agent (MGA), has raised $10.25 million through a Series A and previously closed SAFE funding round for its breakthrough weather- and climate-related reinsurance solution. Demex offers an innovative parametric reinsurance solution that addresses the growing financial risks associated with severe convective storms - including ... Read the full article
Demex raises $5m to bring retained climate risk reinsurance solution to the market
15th August 2023
The Demex Group, a technology-enabled managing general agent (MGA), has raised $5 million from a syndicate of existing and new investors led by Blue Bear Capital, to bring its breakthrough Retained Climate Risk Reinsurance (RCR Re) solution to the market. Blue Bear Capital is a venture and growth equity firm that ... Read the full article
Demex appoints climate risk veteran Matt Coleman as Chief Risk Officer
27th September 2022
The Demex Group, a provider of comprehensive solutions for modelling, assessing, and managing climate-linked risks at scale, has appointed Matt Coleman as Chief Risk Officer. Within this role, Coleman will work closely with Demex’s Product, Growth, and Operations teams to develop and refine the company’s offerings for climate insurance and risk ... Read the full article
Demex Group hires Bill Clark as its new CEO
16th September 2022
The Demex Group has named Bill Clark as its new Chief Executive Officer (CEO). As a highly regarded technology executive with more than 20 years of market creation and operation leadership at both VC and PE-backed companies, Clark will bring a strong level of knowledge and experience towards his new role. As CEO ... Read the full article
Demex launches parametric snow insurance products
24th August 2022
The Demex Group, a noteworthy provider of comprehensive solutions for modelling, assessing, and managing climate-linked risks at scale, has announced the launch of new snowfall insurance products. Revenue and operating costs in snow-sensitive businesses are experiencing unexpected volatility driven by the changing nature of winter storms. Demex snow insurance hopes to deliver ... Read the full article
Demex launches Climate Risk Appraisals Service
18th March 2022
The Demex Group, a technology company that focuses on delivering climate-resilience through financial risks on a global scale, has launched a new service – Climate Risk Appraisals. The company says that Climate Risk Appraisals will provide a new management strategy for climate resilience. Demex assesses and prices climate-driven risk across an unlimited ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
