Reask named Solutions Provider of the Year at the 2025 Parametric Insurer Awards

London, UK – November 2025

Reask has been named Solutions Provider of the Year at the 2025 Parametric Insurer Awards, hosted by The Insurer at 8 Northumberland Avenue in London.

Now in its second year, the event brought together leaders across the parametric insurance industry to celebrate innovation, collaboration, and real-world impact.

From more than 150 entries, Reask was recognised for advancing the science and application of parametric insurance, helping the industry better quantify and manage extreme weather risk through globally consistent, climate-conditioned hazard data.

“Excited to continue driving the growth of data-driven insurance together with the parametric community, making life simpler and more resilient for everyone. Proud of the whole Reask team, and grateful to all our partners who trust in our data and services.”

— David Schmid, Global Head of Data Products at Reask.

The recognition highlights Reask’s commitment to supporting (re)insurers, brokers, and risk managers with scientifically grounded insights that reflect today’s climate realities.

Reask’s approach combines advanced climate science, high-resolution global modelling, and continuous data updates, providing a foundation for more accurate pricing, structuring, and settlement of parametric products worldwide.

This award marks an important milestone in our mission to make the world more resilient to extreme weather, and a proud moment for the entire Reask team and partners who share that vision.