In this week's Radar, we cover the power of insurtech/proptech companies to respond to climate change, manufactured concrete, plants in the office, a short-term rental cease operations, and explore a personal OS designed from scratch.
In the latest transmission, Stephen Del Percio explores vertical farming and the existential crisis the category is in. Before that, Drew Meyers posited that transparency just might be the trick to unlocking the answer to the eternal question, where is the rocket fuel required to build a profitable business going to come from?
EMPOWERING CONSUMERS WITH PROACTIVE SOLUTIONS AMIDST ESCALATING CLIMATE RISKS
By: Jen Yosef
As per Climate.gov, a remarkable shift towards proactive solutions is evident among insurtech companies. The escalating damages from extreme weather and climate events underline the crisis, reaching a staggering $165 billion in 2022. Fifth Wall shared thoughts on the topic in a recent newsletter: “As…damages continue to rise, insurers are grappling with the need for accurate forecasting models while also adopting measures to prevent or minimize losses.”