Setup: Enter PIN code & peril
Tell Plutas where your business operates and which weather risk matters most, floods, heatwaves, cyclones, or unseasonal rainfall.
MSME Climate Risk Protection
Climate Risk Protection with Parametric Insurance for SMEs in India
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#MSMEProtection#RevenueProtection#BusinessContinuity#Rain#Flood#Heat#SmallBusiness#ParametricInsurance
Why Plutas
Climate Risk Protection with Parametric Insurance for SMEs in India
Plutas is the main driver behind parametric insurance, empowering insurance providers with its AI-driven software that combines climate science, risk analytics, and insurance expertise to offer accurate policy pricing. We have partnered up with industry experts to deliver transparent policies, accurate risk assessments, and efficient claim support, ensuring policy buyers have a smooth claims experience.
Short Cash Flow Window for Claims
A traditional insurance adjuster takes 6-12 weeks to assess damage, during which the business needs to bear the costs of staff wages, supplier payments, and rent obligations. SMEs need liquidity fast, not after a long-drawn claims process.
- Excess Rainfall
- Flood
- Heatwave
- Cyclone
How it works
Climate Risk Protection in under 5 minutes
Pricing: Coverage & Trigger
Choose a coverage period (1 day to 1 year) and define your Strike Point. Plutas's AI model calculates your exact risk-based premium in seconds, no blanket rates.
Issue: Set insured sum & pay
Size the payout to your business's disruption cost. Pay digitally. Your policy document is issued instantly, and the coverage is live before you close the tab.
Payout: Funds credited
Plutas monitors IMD and ERA5 data 24/7. When your trigger is validated against satellite data, the payout is released directly to your bank account.
Use cases
See How Parametric Insurance Works For Your Business
01
Manufacturing
A factory or workshop in a flood-prone industrial belt faces flooded production floors, which halt production. Small business weather insurance covers the disruption window without requiring the owner to photograph damaged goods or file a loss assessment.
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Retail
A retail shop in an urban commercial district loses footfall during floods or extreme heat. A parametric policy, for instance, insurance for climate-vulnerable businesses that pays out when rainfall volume or temperature thresholds are met, pays out when footfall-driven revenue drops.
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Logistics
For logistics businesses, drivers cannot operate safely during severe heatwaves, flooded roads make routes impassable, and cyclone-category storms force a full fleet grounding. Climate risk protection insurance helps cover the costs of workdays lost.
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Food & Beverage
Food businesses face the broadest multi-peril exposure, including supply chain disruption from floods or droughts, spoilage from power outages during extreme heat, and demand collapse. Insurance for climate-vulnerable businesses covers each risk independently under separate policies.
Get protectedWhat's covered
Every Weather Risk that Disrupts MSME Operations
Excess Rainfall
Flood
Heatwave
Cyclone
High Winds
Continuous Rain
Each MSME climate risk protection policy is triggered by objective and verified weather data. The trigger is defined precisely in your policy document at purchase. If the data crosses your threshold, you are paid, leaving no room for ambiguity.
You can purchase a single-peril policy for a specific risk window, or stack multiple perils to cover your business across a full season.
Know Your Risk. Price Your Cover.
With us, there is no blanket insurance. Our AI-driven model for insurance for climate-vulnerable businesses calculates the precise probability of your specific trigger event at your specific PIN code, your specific coverage window, and your specific sum insured.