Define the exposure
Identify who bears the loss: a habitat bank, developer, unit buyer, lender, grower or food company.
BIODIVERSITY-LINKED INSURANCE
Insurers & reinsurersBrokers & product teams
Make nature risk insurable.
KEA works with insurance and distribution partners to turn biodiversity exposure into well-defined product concepts, combining ecological product design, nature data and field evidence.
Initial focus: Biodiversity Net Gain · Nature-dependent agriculture
Bring us a live riskIllustrative concept
BIOSPHERE INTELLIGENCE
BIOSPHERE INTELLIGENCEHabitat evidence record
Habitat bank / Site A
Habitat parcelsN ↑
GrasslandWoodlandWater
Specialist review
Baseline protocol
01
Habitat conditionField assessment
02
Unit obligationContract review
03
Evidence gapsReview required
Condition & recovery
BaselineEventRecovery
Observations inform review. Coverage follows policy terms.
THE PRODUCT OPPORTUNITY
Connect ecological change to financial loss.
A biodiversity indicator becomes useful to insurance when it connects to an insured interest, a defined loss and evidence that holds up over time. That is the design work we take on with your team.
Measure what matters
Build the baseline and monitoring plan around habitat condition, ecological function and the interest being protected.
Design around the data
Compare indemnity, parametric and hybrid structures after assessing data quality, loss correlation and basis risk.
TWO PRODUCT PATHWAYS
Different risks. Different starting points.
BNG offers defined obligations and an emerging insurance precedent. Agriculture offers established insurance channels, with an ecological link to production loss that must first be tested.
01 / ENGLAND · BIODIVERSITY NET GAIN
Protect the habitat behind the obligation.
Habitat banks and their counterparties commit to ecological outcomes long after a unit is sold. Defined events such as fire or flood can disrupt that trajectory. A product can be designed to fund recovery and address specific contractual shortfalls.
Potential insureds
Habitat bank operators, landowners, developers, unit buyers and capital providers.
10%Minimum gain for non-exempt developments in England
30 yearsMinimum management of off-site gains and significant on-site gains
Cover concepts to explore
Habitat damage & restoration
Recovery costs following defined insured events.
Unit delivery & replacement
Replacement costs where an insured failure creates a contractual unit shortfall.
KEA evidence layer
Pre-inception habitat baseline, condition trajectory, evidence of disturbance, damage assessment and recovery monitoring. BNG calculations use the statutory habitat metric with competent ecological assessment.
First pilot
One habitat bank or portfolio, one defined obligation and an agreed set of hazards, with baseline data to assess coverage and pricing.
02 / NATURE-DEPENDENT AGRICULTURE
Understand the ecology behind production.
Pollination and habitat condition can matter to crop performance. We test whether those ecological signals can improve the understanding and coverage of production losses alongside weather, management and yield data.
Potential insureds
Growers, agribusinesses, cooperatives and food companies exposed to ecosystem-service disruption.
Cover concepts to explore
Yield or revenue shortfall
A potential response to a validated ecological disruption.
Response & restoration costs
Intervention costs following a defined covered event.
KEA evidence layer
Crop-specific pollinator and habitat monitoring integrated with production, weather and management records. Sampling accounts for seasonality, observation effort and uncertainty.
First pilot
One crop and landscape with historical production data, a credible loss hypothesis and partners able to evaluate alternative insurance structures.
THE EVIDENCE SYSTEM
One habitat. A record that carries forward.
Connect the baseline, observations and scientific review to the insurance decision each is intended to support.
Illustrative concept BIOSPHERE INTELLIGENCE
BIOSPHERE INTELLIGENCEHabitat evidence record
Habitat bank / Site A
Habitat parcelsN ↑
GrasslandWoodlandWater
Specialist review
Baseline protocol
01
Habitat conditionField assessment
02
Unit obligationContract review
03
Evidence gapsReview required
Condition & recovery
BaselineEventRecovery
Observations inform review. Coverage follows policy terms.
Establish what is being protected.
Map habitat parcels, document the baseline and agree the methods and review schedule. Keep the ecological target and evidence gaps visible before coverage is considered.
THE WORKING GROUP
Three disciplines. One product brief.
Build around one commercial problem, with responsibilities agreed from the start.
KEA / Ecological product design & data
Define the ecological exposure, measurement protocol and data specification. Coordinate field evidence and test indicators with the insurance team.
Insurance & underwriting partners
Set risk appetite, actuarial analysis, capacity, pricing, coverage design and policy wording.
Broker & commercial partners
Lead client discovery, insurance programme structuring, placement and distribution. Bring market feedback and a route to a live pilot.
HOW WE WORK TOGETHER
Bring one risk. Build one product brief.
A focused design sprint brings the client problem, the insurance structure and the nature evidence into one pilot plan.
Align
Select the insured interest, financial exposure and a live pilot candidate.
Test
Review available data, loss history, measurement consistency and basis risk.
Design
Define candidate coverage structures and the monitoring specification with partners.
Decide
Leave with a product brief, open questions and clear criteria for progressing to a pilot.
Questions before a pilot
What is KEA’s role?
KEA provides ecological product design, nature data and field evidence. We help define what to measure and how that evidence connects to a proposed product. Insurance partners determine and provide the insurance terms and capacity.
Can biodiversity indicators support parametric triggers?
Potentially. We assess repeatability, historical depth, independence, loss correlation and basis risk with the insurer before proposing any trigger. An ecological observation alone does not establish an insurable financial loss.
How do you handle 30-year BNG obligations?
We design monitoring around the obligation and applicable habitat metric. Policy duration, renewal terms and continuity of cover are separate contractual questions; annual measurement does not guarantee future cover.
Where can a pilot take place?
KEA’s field network started in Latin America. UK and other engagements are scoped with the relevant local specialists, data access and field capacity confirmed for each pilot.
Product concepts are for co-development and feasibility assessment. Insurance capacity, underwriting, policy wording and placement are provided by appropriately authorised partners; coverage is subject to final policy terms.
THE EVIDENCE SYSTEM
From ecological signal to policy decision.
Keep the financial exposure, ecological observations and review decisions connected as the product develops.
KEA NETWORK
Science matched to the insured exposure.
A curated network of ecologists and field specialists connects geospatial analysis with targeted surveys, eDNA, bioacoustics, camera traps and other methods where appropriate.
Select methods for the habitat, crop and decision. Local capability, sampling frequency, data rights and independent review are agreed in the pilot scope.
Let’s define the risk, test the evidence and design the next step together.