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What is Understory?

Traditional insurance models have struggled to adequately respond to the rising threats posed by extreme weather phenomena. Understoryâ„¢ is leading the charge with groundbreaking insurance solutions specifically designed for a world increasingly influenced by climate change. Learn how your business can successfully navigate severe weather challenges with our clear, transparent, and flexible insurance offerings. Our innovative hyperlocal climate risk engine turns even the most formidable climate threats into manageable opportunities, illustrating our dedication to protecting industries that are most vulnerable to climate impacts. With unmatched precision and insight, we proudly present Dotâ„¢, our state-of-the-art weather sensor that forms the core of our transformative technology platform. Conventional insurers frequently lack the essential tools to accurately assess and price severe weather risk, leading them to err on the side of caution and impose high premiums. As the insurance landscape continues to evolve, it is vital to adopt advanced solutions like ours for both financial viability and defense against climate-related uncertainties. By choosing Understoryâ„¢, you are not just investing in insurance; you are securing a sustainable future for your enterprise.

What is ABGALIS?

Abgalis — Integrated Climate Risk Intelligence Platform (ICRIP) Abgalis serves as a robust platform dedicated to enhancing enterprise risk and climate intelligence, specifically tailored for insurers, reinsurers, and various financial entities involved in managing, pricing, or underwriting climate-related risks. Central to its design is a dynamic model that integrates seven distinct risk categories: underwriting, reserving, market, credit, operational, liquidity, and climate, enabling users to track a single physical or transition factor and its broader implications on a company's portfolio, rather than assessing each risk in isolation. Moreover, this platform adheres to contemporary UK and global regulatory standards such as PRA SS5/25, the PRA Rulebook, UK SRS, IFRS S2, and operational resilience requirements that encompass third-party reporting, ensuring the outputs are relevant for ORSA, SFCR, and RSR (EU) procedures. Abgalis serves a wide-ranging client base, including UK insurers, reinsurers, Lloyd's managing agents, managing general agents (MGAs), pension funds, and related regulated sectors, positioning it as a vital resource for effectively navigating the intricacies of climate risk within the financial sector. Additionally, its comprehensive framework is designed to enhance decision-making by seamlessly incorporating climate risk considerations into regular business practices, ultimately promoting a more sustainable approach to risk management.

Media

Media

No images available

Integrations Supported

Axis LMS

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$30000

Supported Platforms

SaaS

Supported Platforms

SaaS
On-Prem

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Understory

Date Founded

2012

Company Location

United States

Company Website

understoryweather.com

Company Facts

Organization Name

Abgalis Limited

Date Founded

2026

Company Location

United Kingdom

Company Website

abgalis.com

Categories and Features

Climate Risk

Not specified

Weather Intelligence

Not specified

Categories and Features

Climate Risk

Not specified

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