Plover Parametrics is a NYC-based, technology-enabled commercial insurance brokerage that offers parametric solutions for natural catastrophe (NatCat), weather, and novel risks. It focuses on markets disrupted by climate change, specializing in wildfire, flood, wind and other perils where admitted carriers have pulled back. The company helps agents and brokers win new business and retain clients by providing parametric products and broking support. Led by CEO Max Clarke, Plover builds software-enabled broking workflows to serve clients in areas facing mass admitted non-renewals. Plover plans to expand its brokerage team, invest in automation of its broking process, and support its program business. The company recently raised over $5M in funding; backers were not disclosed.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2024