The Demex Group

About

The Demex Group is a technology-enabled InsurTech company focused on climate risk management and reinsurance solutions for secondary weather perils. Founded in 2020 and headquartered in Raleigh, North Carolina, the company employs around 29 people and generates approximately $6.1 million in revenue. It was established by experts in climate science, machine learning, insurance, finance, and risk management, and is backed by notable investors including Anthemis and QBE Ventures. Demex offers a comprehensive ecosystem through its Demex Solutions Center, which provides a marketplace for climate-resilient solutions. Key offerings include the Demex Retained Climate Risk Reinsurance (RCR Re), which protects against non-catastrophic weather losses, and customized parametric models that assess climate risks. The company also provides parametric insurance products and climate impact appraisals for sectors facing climate-linked risks. Demex partners with leading reinsurance brokerage firms and A-rated capacity providers, serving insurers, brokers, and reinsurance companies to enhance their weather-related programs.