We are an insurance underwriting and brokerage firm that specializes in parametric insurance solutions focusing on hard-to-place named storm and weather risks.
Our mission is to make coverage simple, with the use of third-party, verifiable data and a technology platform that makes the quoting and application processes seamless.
Our entire product lineup
We have underwriting authority up to $5,000,000 per policy from an A.M. Best “A” rated carrier for the following weather perils:
As CEO of Lilypad Insurance, Hong sets strategic direction for building a tech-driven insurer, oversees operations and ensures sound risk management and regulatory compliance. Hong is also EVP and Chairman of Insurance and Reinsurance at Arbol Inc, with over 32 years of global experience in reinsurance and insurance including reinsurance broking, capital markets, product innovation and underwriting. He spent 24 years at Guy Carpenter holding various senior roles before joining Arbol in 2021.
Alex is COO of Arbol. He brings operating and product experience from both scale-ups and large global companies. Most recently, he spent 3 years at Coupang in Seoul charged with delivering on top corporate priorities; he was responsible for $200M+ in operational improvements in the logistics chain and driving significant sales increases of marketing products. He holds a PhD in physics from Harvard. He is licensed as a P&C producer and in Surplus Lines.
Ms. Varella is Head of Legal and Compliance of AIS and Assistant General Counsel, Insurance of Arbol. Prior to joining Arbol, Ms. Varella practiced law at an insurance law firm in New York City, where she advised insurers with respect to professional liability, claims, and insurance coverage. In addition, Ms. Varella worked at AXA XL in New York as Claims Counsel and as an insurance policy drafter for the Cyber, technology, and Media team.
Taimur is Head of Insurance Sales at Arbol. Taimur was a reinsurance underwriter for AmericanAg where he managed an international and domestic book of property catastrophe treaty business. Formerly he was the lead parametric insurance underwriter at Kettle, a wildfire re/insurance MGA. Taimur holds the CPCU, ARe, AINS designations and is a licensed P&C producer.
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