Reinsurance News
Oka
1089 collaborates with Price Forbes & Oka to launch carbon asset insurance framework
27th February 2026
1089 Inc., a carbon asset infrastructure company, has collaborated with Price Forbes and Oka to introduce a carbon asset insurance framework for the transportation and energy sectors. The framework is designed to bring institutional safeguards, disciplined financial architecture, and verifiable data integrity to carbon markets. It offers defined risk coverage for 1089’s ... Read the full article
Oka launches green credit insurance offering
21st August 2025
Oka, the US carbon-credit insurance carrier, has announced the expansion of its climate risk solutions with the launch of a new green credit insurance offering. The expansion builds on Oka’s carbon products, and aims to de-risk a wider range of sustainable finance projects. Oka’s expanded suite now includes coverage for:
- Transition project
Oka unveils lineslip to bring insurance capacity to global carbon markets
24th October 2024
Oka, The Carbon Insurance Company (Oka) has introduced a lineslip for its innovative Article 6 insurance solution, Corresponding Adjustment Protect. Corresponding Adjustment Protect is the first-ever policy designed to protect voluntary carbon credits traded in compliance markets. It safeguards project developers and their clients against the risk of Article 6 revocation ... Read the full article
Socotra and Oka form partnership to enhance carbon market insurance solutions
12th July 2024
US carbon-credit insurance carrier Oka, and Socotra, a provider of modern policy administration systems, have formed a strategic partnership aimed at the carbon markets and scaling climate solutions. This partnership combines Oka's team and artificial intelligence (AI) with Socotra's technology to reduce the risks associated with carbon credits. Within 12 months, Oka ... Read the full article
Former Verra CEO David Antonioli joins Oka’s advisory board
31st May 2024
US carbon-credit insurance carrier Oka, has added former Verra CEO, David Antonioli, to its advisory board as the company sets its sights on international carbon markets. During his 15-year tenure at Verra, Antonioli oversaw the Verified Carbon Standard (VCS) Program and corresponding registry. Prior to working at Verra, he served as a ... Read the full article
Oka and Clima partner to introduce insured carbon credits in Australia
10th May 2024
US carbon-credit insurance carrier, Oka, has partnered with Australia's Clima, a carbon solutions platform, to roll out insured carbon credits in the country via broker PSC Paragon (Australia). Protected by Oka's Carbon Protect™ insurance solution, the premium credits will be made available to corporations through credit provider Clima and PSC Paragon. Clima ... Read the full article
Oka closes $10m investor raise funding
28th March 2024
Oka, The Carbon Insurance Company (Oka)™ has announced that it has closed a $10-million investor raise that "sets the foundations for its next phase of growth." Lead investors included Aquiline Capital Partners LP and firstminute capital, which formerly spearheaded Oka's $7-million seed round, and dedicated climate-solutions investor Overview Capital. Moreover, ... Read the full article
Cloverly and Oka launch a new suit of insured carbon credits
22nd January 2024
Oka, The Carbon Insurance Company, has launched with Cloverly, a digital platform for climate action, to unveil a new brand of insured carbon credits for the voluntary carbon market (VCM). Available exclusively to 300+ global enterprises, Cloverly will offer the insured credits pre-wrapped in Oka insurance, providing, what is described as, ... Read the full article
Oka granted in principle approval for Asta-managed SIAB 1922 by Lloyd’s
18th October 2023
Third-party managing agent at Lloyd’s, Asta, and Oka, the Carbon Insurance Company, has announced that the specialist insurance and reinsurance marketplace has granted ‘in principle’ approval for Oka syndicate-in-a-box (SIAB) 1922. Oka syndicate 1922 is targeting commencing underwriting in January 2024 and introduces an insurance solution to protect against buyer-side carbon ... Read the full article
Oka & Sylvera collaborate to bring transparency to the carbon market
18th August 2023
Oka, The Carbon Insurance Company, a newly launched start-up has entered into a partnership with carbon data firm Sylvera. The collaboration between the two firm's will enable Oka to use its market-leading carbon insurance solutions by integrating its modeling capabilities with Sylvera's carbon project assessment data. This climate-risk alliance between the two ... Read the full article





