Breakthrough reinsurance solutions for secondary weather perils.
Addressing the insurance industry’s most urgent challenge – the accumulation of secondary peril losses that now surpass all annual catastrophe losses, threatening insurers’ earnings and the sustainability of their businesses.
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Climate change has caused an enormous
increase in non-catastrophic weather losses.
Climate change has caused an enormous increase in non-catastrophic weather losses.
Tornados
Hailstorms
Derechos
Thunderstorms
Straight-line winds
Extreme cold
Inland flooding
Extreme heat
Recognized across the market
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$71 billion
Global insured losses from
Severe Convective Storms (SCS) in 2023.
Severe Convective Storms (SCS) in 2023.
* Source: Gallagher Re
$100 billion
Costliest two-year stretch ever recorded
for SCS in the U.S.
for SCS in the U.S.
* Source: Gallagher Re
$1,165 billion
Cumulative insured losses from
secondary perils 2000-2023.
secondary perils 2000-2023.
* Source: AON
Yet reinsurance solutions to address secondary weather peril losses have never been more limited. Until now.
We’ve brought to market the first modeled-loss reinsurance solution for non-catastrophic weather losses.
Demex Severe Convective Storm Reinsurance (SCS Re) & Winter Storm Reinsurance (WS Re).
It works for buyers and sellers.
Learn more
1
Insurers
Our solution enables insurers to protect their annual earnings, surpluses, and credit ratings in an increasingly volatile
climate market.
climate market.
2
Brokers
Our solution allows brokers to supplement their traditional weather reinsurance programs with coverage for more frequent weather losses, enabling them to better serve their customers.
3
Reinsurance Companies
Our solution enables reinsurance providers to re-enter the market for secondary perils with a financially viable modeled-loss solution.
Our customers and our prospects range from regional and mutual insurance companies all the way to national carriers, all of whom have exposure to SCS losses. We partner with the world’s largest reinsurance brokerage companies that account for 90% of the market.
Our reinsurance partners represent hundreds of millions of dollars from the largest A-rated capacity providers in the world.
Our team has decades of experience in weather modeling and risk management.
"Demex has created a highly detailed atmospheric model with a focus on the United States, and it’s very robust in terms of how it captures the U.S. environment. That was the first thing that gave me confidence with respect to this product."
Pete Vloedman
Managing Director, Reinsurance
“The storm season so far in 2025 has meant we are already receiving a claim payment. I would encourage all insurers with an exposure to severe convective storm losses to evaluate this new SCS reinsurance solution.”
Jake Black
President & CEO, CFM Insurance
Close the gap on your reinsurance coverage.
Talk to our team today.
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