The Demex Group

About The Demex Group

DEMEX is a company focused on transforming natural catastrophe reinsurance protection by addressing the insurance industry's urgent challenge of secondary weather peril losses. They aim to provide innovative reinsurance solutions to protect insurers' earnings and ensure the sustainability of their businesses in an increasingly volatile climate market.

Products & Services

Demex Retained Climate Risk Reinsurance (RCR Re):The first modeled-loss reinsurance solution for non-catastrophic weather losses, designed for insurers, brokers, and reinsurance companies to manage frequent weather-related losses and protect earnings.

Specialties

Weather Modeling Risk Management Secondary Weather Peril Reinsurance Solutions Climate Risk Reinsurance

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Undisclosed T: - FT: Undisclosed	A: 5000000 MR: - FA: $5 million FAN: 5000000	D: 2023-08-15 FD: 2023-08-15	1 investors

Undisclosed Latest

2023-08-15

$5.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

M

Michael Anderson

Chief Growth Officer

M

Matt Coleman

Chief Risk Officer

LinkedIn (Pro only)

K

Ken Konecki

Chief Technology Officer

LinkedIn (Pro only)

T

Taylor Sipple

Chief Product Officer

B

Bill Clark

Former President & CEO

J

John DeMartini

Board Member

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Recent News

The Demex Group Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised