September 21, 2020

The Demex Way

Our Manifesto

Ed Byrns, CEO

Antoine de Saint-Exupéry, the author of The Little Prince, shows us the way:

If you want to build a ship,
don’t drum up the people
to gather wood, divide the
work, and give orders.

Instead, teach them to yearn
for the vast and endless sea.

Like all great companies, we strive to hire the best and we value integrity, excellence, respect, inclusion, and collaboration. We…

…encourage independent decision-making by employees

…share information openly, broadly, and deliberately

…are extraordinarily candid with each other

Our Vision

We foresee a world where climate resilience can be created with the simple swipe of a credit card.

Our products absorb financial volatility for organizations whose economics are linked to climate-driven weather variability.

Bad weather is no longer a good excuse.  We empower manageable results for our clients in face of volatile weather.

Our risk-carrier partners are critical validators of our algorithms. We mutually value quick and efficient structuring for optimal financial products.

Our Objectives

We are becoming the market-standard for unique climate resiliency programs.

We are becoming the leading marketplace for analyzing, transacting, and monitoring climate risk.

We are among the best customer service companies globally.

Our Core Beliefs

Climate Change is one of the greatest financial opportunities facing today’s economy.

Existing risk management approaches are ill equipped to reliably provide financial security and seize financial opportunity in a changing climate.

We are making complex, multi-dimensional risk solutions simple and accessible.

We are building a global platform to safeguard expenses and revenue linked to climate-driven risks and opportunities.

Our models, our team, and our markets are totally transparent.

Simple, client relevant messages speak best.

Our Core Values

We embrace a “fail fast” mindset with the key concept of “rapid recovery.”

We are all adults. We rely on logic and common sense to guide our actions. We do not accept systems that place policy or process over the person.

We talk frequently, openly, and candidly about issues across all levels of the organization. We communicate horizontally and do not require hierarchical regulation.

We carefully hire people who will put the company’s interests first, who understand and support the desire for a high-performance workplace.

We have fun together. We seize opportunities to build comradery across The Demex Group.

We constantly teach and share with each other. We actively learn from one another. We eagerly help each other 1-to-1 and/or 1-to-Many.

We never “agree to disagree.” Instead, we respectfully challenge, discuss, listen, align and then mutually commit.

We constantly aspire to…

… identify root causes, and get beyond treating symptoms.

… think strategically, and can articulate what we are, and are not, trying to do.

… effectively use data to inform our intuition.

… be concise and articulate in speech and writing

… listen well and seek to understand before reacting.

… provide candid, helpful, timely feedback to colleagues.

… adapt our communication style to work well with people from diverse points of view.

… learn rapidly and eagerly.

… contribute effectively outside of our own specialties.

… seek alternate perspectives.

… say what we think, even if it is uncomfortable.

… question actions inconsistent with our values.

… inspire others with our thirst for excellence.

… to be tenacious and optimistic.

… to be quietly confident and openly humble.

… to be open-minded in search of great ideas.

… make time to help colleagues.

… re-conceptualize issues to discover solutions to hard problems.

… keep us nimble by minimizing complexity and finding time to simplify.

… thrive on change.

… nurture and embrace differing perspectives to make better decisions.

… recognize we all have biases, and work to grow past them.

… intervene if someone else is being marginalized.

… to be candid, authentic, transparent, and non-political.

… admit mistakes freely and openly.

… always share relevant information, even when worrisome to do so.

… accomplish amazing amounts of important work.

… demonstrate consistently strong performance so colleagues can rely upon us.

… make our colleagues better.

… focus on results over process.