Strategic Partnerships Kettle recently announced a strategic partnership with RLI to launch a multi-peril commercial property product that includes wildfire coverage in regions where traditional property coverage has become difficult to obtain. This signals appetite from established carriers for climate risk solutions and creates a pathway for collaborating with other insurers or reinsurers on similar programs.

Climate Intelligence Kettle uses machine learning to quantify the effects of climate change on catastrophic risk, presenting an opportunity for carriers needing improved underwriting accuracy for wildfire and hurricane exposure. Market to insurers who want ML-driven risk insights, and consider licensing or services partnerships to accelerate underwriting capabilities.

Leadership Signals Key hires in 2023 include Sarah Meyerhoff-Kennedy as VP of Insurance Products and Milena Mikin as VP of Commercial Insurance, signaling a focus on product development and scaling commercial underwriting.

Reinsurance Focus As a Bermuda-based MGA with a growing AI-driven platform and a recent fundraising milestone, Kettle presents opportunities to discuss capacity partnerships and MGA programs with reinsurers and brokers seeking climate risk transfer solutions.

Market Expansion Kettle’s drive to expand wildfire and multi-peril coverage into markets where coverage is scarce creates sales opportunities with insurers and brokers seeking new risk transfer products for high-risk geographies.