We’re wrapping up Insurtech Insights USA 2024 with immense gratitude. Thank you to all our current and future business partners for the invaluable connections made! It was inspiring to see our ecosystem unite for a common goal.💥 We look forward to doing business with you and closing the protection gap via parametric insurance! :) Kata Ludvig Daniel Papp (LL.M.) Adam Ramm Hilario (Hil) Itriago HCS Capital Lambert Morvan Perry McShane and everyone else :) #parametricinsurance #itius #itius2024 #entrepreneurship #insurtech #insuranceinfrastructure
Baoba Parametrics
Insurance
Toronto, Ontario 862 followers
Derisking urban areas through location intelligence-driven, automated, parametric insurance technology
About us
End-to-end platform for insurers to create parametric and index-based insurance that provide customers with automated coverage via the combination of machine learning and geospatial data.
- Website
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http://www.gobaoba.com
External link for Baoba Parametrics
- Industry
- Insurance
- Company size
- 11-50 employees
- Headquarters
- Toronto, Ontario
- Type
- Privately Held
- Founded
- 2022
Locations
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Primary
10 Dundas St E
Toronto, Ontario M5B 2G9, CA
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Budapest, HU
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Miami , US
Employees at Baoba Parametrics
Updates
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We are excited to welcome Peter Sylvest Svendsen as our Senior Advisor! 💫 With extensive experience in the insurance industry, including roles in marketing (CMO), customer experience, and business model innovation, Peter brings valuable insights from working with start-ups and go-to-market strategies in both B2B and B2C insurance markets. Please join us in welcoming Peter to our team, he will now join the mission of automating insurance and closing the protection gap! #welcome #startupteam #insurtech #automatedinsurance #parametricinsurance #parametricinfrastructure
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We are thrilled to announce that Dániel Patócs has joined our team as a Product Manager. 💫 Daniel brings extensive experience from roles at McKinsey & Company, Morgan Stanley, and PwC where he worked on strategic projects and product development. Please join us in welcoming Daniel to our team, he will now join the mission of automating insurance and closing the protection gap! #welcome #startupteam #digitalproducts #parametricinsurance #insurtech
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We're excited to announce that baoba inc will be exhibiting at Insurtech Insights USA in NYC on June 5th at the Javits Center! 📍 Come see us if you're an insurance company looking to implement parametric insurance policies or a parametric/general tech vendor looking to join our infrastructure. Don't miss the chance to explore how our innovative solutions can transform your business and close your protection gap. Visit our booth or get in touch with Kata Ludvig, Adam Ramm, and Daniel Papp (LL.M.) and join the conversation! We are proud to be jointly exhibiting with HCS Capital. Matias Tapia Malmus Hugues Bertin Hilario (Hil) Itriago Adam Ramm Daniel Papp (LL.M.) Scott Burgess Kristoffer Lundberg #ITIUS24 #InsurtechInsights #ParametricInsurance #Innovation #InsuranceTech #BaobaInc
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Baoba Parametrics reposted this
I'm thrilled to announce that I'll be speaking at Insurtech Insights USA in NYC on June 5th at Javits Center! ✨ Come and join the conversation on how consolidating parametric insurance technologies can enable global scalability for insurers and close the protection gap for end customers! As parametric policies for weather, flight, and cyber events gain traction due to their automated processes, there's an increasing demand for technologies that optimize and consolidate these portfolios. Join me to explore how our single global solution meets market demands efficiently. And don't forget to check out baoba inc's booth too! Don't miss out—join the conversation or get your tickets today! Adam Ramm Daniel Papp (LL.M.) Kristoffer Lundberg Scott Burgess Hilario (Hil) Itriago HCS Capital Hugues Bertin #ITIUS24 #InsurtechInsights #ParametricInsurance #Innovation #InsurTech #BaobaInc #parametricinfrastructure #digitaltwinsystems
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Baoba Parametrics reposted this
Attending Insurtech Insights Europe 2024 in London next week! Let's discuss #parametricinsurance with baoba inc. Whether you're a carrier, parametric provider, or tech partner, I'd love to connect. Let me know if you're around! 😊 #ITIEU24 #parametricarchitecture #parametricinsurance
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𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩 𝐍𝐞𝐰𝐬: 𝐕𝐢𝐭𝐞𝐬𝐬𝐞 𝐉𝐨𝐢𝐧𝐬 𝐁𝐚𝐨𝐛𝐚'𝐬 𝐏𝐚𝐫𝐚𝐦𝐞𝐭𝐫𝐢𝐜 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐭𝐨 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐞 𝐏𝐚𝐲𝐦𝐞𝐧𝐭-𝐋𝐞𝐝 𝐏𝐚𝐫𝐚𝐦𝐞𝐭𝐫𝐢𝐜 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 🚀💥 Vitesse PSP Limited, renowned for its award-winning claim treasury and payment solutions 🛡️💳, has joined baoba inc’s parametric insurance infrastructure. 🌐 Together, we are redefining how insurers offer and manage parametric policies, making instant, automated claim payouts a reality. ⏰💸 𝐖𝐡𝐚𝐭 𝐓𝐡𝐢𝐬 𝐌𝐞𝐚𝐧𝐬 𝐟𝐨𝐫 𝐨𝐮𝐫 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬 𝐚𝐧𝐝 𝐘𝐨𝐮𝐫 𝐄𝐧𝐝 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬: 𝐄𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬 𝐆𝐥𝐨𝐛𝐚𝐥 𝐋𝐚𝐮𝐧𝐜𝐡 🌍: Deploy cross-border claims payments globally without the need for complex integration 𝐈𝐧𝐬𝐭𝐚𝐧𝐭 𝐏𝐚𝐲𝐨𝐮𝐭𝐬⏰💸: Offer instant, automated claim settlements to end customers upon parametric triggers, such as flight delays or weather events 𝐏𝐢𝐨𝐧𝐞𝐞𝐫 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 🚀🔍: Stay at the forefront of fintech and insurance with solutions that merge the best of both worlds 𝐎𝐧 𝐭𝐡𝐞 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩: Kata Ludvig, CEO, baoba inc: “Teaming up with Vitesse marks a significant milestone in our journey to automate insurance. Their solution complements our infrastructure perfectly, promising a new era of instant, hassle-free payments for parametric policies.” Dan Andrews, Insurance Director, Vitesse PSP Limited: "Our collaboration with Baoba and its partners is a leap towards redefining parametric insurance. We're thrilled to contribute to this innovative venture, driving value and convenience for end customers." 𝐁𝐞 𝐏𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧 Curious about how parametric insurance can revolutionize claim resolutions for your customers? Get in touch to discover how baoba inc can help elevate your services. Together, let's redefine the future of insurance! 📈💬 Dan Andrews Kata Ludvig Paul Townsend Phillip McGriskin Thomas Schmidt Craig Walter Adam Ramm Daniel Papp (LL.M.) Balázs Gyebrószki Ádám Drobinoha Hilario (Hil) Itriago #parametricinsurance #paymentsolutions #insuranceclaims #claimspayments #instantpayments #insurtech #fintech
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We are very happy to be featured on the Forward50 Americas report! 🤩 Thank you InsureTech Connect and Sønr for selecting & including baoba inc! #insurtech #startup #parametricinsurance #infrastructure
Did you catch the standing room only launch of the Forward50 Americas report at #ITCVegas in October? 🚀 In case you missed it, ITC’s market intelligence partner, Sønr Global produced the report that shines a spotlight on the most promising early-stage insurtechs and startups in a comprehensive top 50 ranking. 💻🌐 Find out who made the top spot PLUS the emerging trends that will change the face of insurance in the next 3-5+ years here! https://ow.ly/jLSO50Qe6AY #becasueofITC #ITCVegas #insurtech #insuranceinnovation #Forward50 #Forward50 #Forward50Americas
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We're thrilled to ring in the new year with a product collab partnership between baoba inc and YOUR PASS! 🚀🤝 📲This exciting synergy empowers Baoba's partners to offer 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐰𝐚𝐥𝐥𝐞𝐭 𝐩𝐚𝐬𝐬𝐞𝐬 enhanced with 𝐫𝐞𝐚𝐥-𝐭𝐢𝐦𝐞, 𝐩𝐚𝐫𝐚𝐦𝐞𝐭𝐫𝐢𝐜 𝐟𝐞𝐚𝐭𝐮𝐫𝐞𝐬. 🚨Imagine being an insurance customer whose digital pass proactively notifies you of insurable events and payouts - a true game-changer in the insurance experience! This innovative collaboration unites Baoba's cutting-edge parametric insurtech infrastructure and customer-centric approach with YourPass's expertise in digital wallet solutions, setting a new standard in the insurance tech industry. 🔍 baoba inc, renowned for its parametric insurance infrastructure, offers automated, on-demand insurance solutions with real-time payout capabilities. Our location-based, personalized protection experiences are revolutionizing the way insurance is perceived and utilized. 📱 YOUR PASS, a powerhouse in creating and managing digital wallet passes. YourPass enhances customer engagement through features like push notifications, dynamic content, and proximity triggers. Special thanks to Wilm Kemper, Jan Gregor, Daniel Rajnoch, Kata Ludvig, Adam Ramm, Balázs Gyebrószki and Daniel Papp (LL.M.) for making this innovative partnership a reality. Reach out to learn more about how this partnership can benefit you as an Insurer! #insurtech #customerexperience #parametricinsurance #realtimepayments #walletsolutions #digitalpass