About us
Our mission is to protect every livelihood from the growing threat of severe weather losses.
Since 2005, the vast majority of economic losses caused by severe weather were uninsured.
Traditional insurers lack the tools to accurately assess and price this unprecedented risk. As a result, coverage is becoming unaffordable or unavailable when it’s needed most.
Traditional insurance is no longer enough.
Understory is closing the climate coverage gap with insurance products built atop its unrivaled weather risk model, allowing the company to assess and price severe weather risks around the world with precision. The model is powered by a growing, global network of ground-based Dot weather sensors, the most accurate, maintenance-free and fraud-proof weather sensor that can be affordably deployed. When severe weather strikes, Understory detects it and triggers a payout without the typical, burdensome claims process. Ultimately, Understory allows capital to quickly flow where it’s needed after a disaster, protecting everything from automobiles to the world’s food supply.
Understory is headquartered in Madison, Wisconsin, with team members across North America and Europe.
2012
FOUNDED
$24.5m
RAISED
25
COMMITTED EMPLOYEES
600+
STORMS ANALYZED
BACKED BY WORLD-CLASS INVESTORS, INCLUDING:
RECENT NEWS FROM UNDERSTORY
Media Contact
Darcy Pawlik
Head of Marketing
press@understoryweather.com
Understory Appoints Insurance Industry Leader Neil Irwin as Chief Strategy Officer
02/01/2021
Understory Honored as AgTech Insurance Solution of the Year
9/10/20
Understory Launches Hail Insurance for Automotive Dealers in Five New States
2/13/2020
Understory's Ground-Truth Sensor Insures The Uninsurable
11/12/2019
A RECOGNIZED INSURTECH INNOVATOR
Understory HQ
4916 E Broadway, Suite 200 Madison, WI 53716
info@understoryweather.com
608-665-0032
General Inquiries
info@understoryweather.com
Press Inquiries
press@understoryweather.com
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