Dylan DiMarchi, a sailor and entrepreneur from Hawaii, has observed significant shifts in weather patterns over the last two decades. This observation led him to co-found Eventual, a startup that provides predictive models for insurance pricing based on extensive historical and current data. The company helps homeowners anticipate climate-driven changes in insurance costs, which have surged unexpectedly for many clients. Recently, Eventual raised $7.5 million in funding, aiming to provide better financial predictability for homeowners across America.
"I've been sailing for two decades now, and noticing patterns in the weather is our main job as sailors," he said. "There are definitely changes in certain venues..."
"We're focused on not just solving insurance generally, but on a relatively new stress-this unpredictability and timing problem," said DiMarchi. "Many of our customers have seen premiums, often unexpectedly, increase 50% to 100%..."
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