Financial protection that resolves when the storm does.
Sorsiq offers event-defined contracts that provide rapid, objective payouts based on public hurricane data, bypassing traditional insurance delays.
Insurance resolves in months. Hurricanes resolve in days.
- Claims processes are slow, involving adjusters and disputes.
- Traditional policies often lead to wind vs. flood disputes.
- Capital is locked up, delaying critical recovery efforts.
No claims. No adjusters. No delays.
Event-defined contracts
Clear, objective parameters for payout, agreed upfront.
Objective public data
Settlement triggered by verifiable, independent sources like NOAA.
Automatic settlement
Payouts are fast and automatic once event conditions are met.
Simple 3-step flow
1
Pick a market/location
Choose a specific geographic area and hurricane outcome.
2
Choose protection size
Select the amount of financial protection you need.
3
Settle automatically
Payouts are triggered automatically by public data.
Traditional Insurance vs. Sorsiq
Category
Traditional Insurance
Sorsiq
Claims/Adjusters
Required, often lengthy process.
None, automated by data.
Speed
Months for resolution.
Days, resolves with the storm.
Disputes
Common (e.g., wind vs. flood).
Eliminated by objective contract terms.
Capital efficiency
Capital locked up, slow payouts.
Rapid payouts, efficient capital deployment.
Who Sorsiq is for
Homeowners
Direct financial relief when you need it most.
Businesses
Protect operations and ensure continuity post-storm.
Risk Managers
Enhance your portfolio with efficient, transparent hurricane risk transfer.