Mike Gulla On Why Insurance Needs a Makeover for a Changed Climate

Welcome to the third edition of our Climate Week NYC interview series!

Today, we have something for all the finance- and tech-heads among you.

In this episode, Louie sits down with Michael (Mike) Gulla, CEO and Co-Founder of Adaptive Insurance, to discuss how his company is bringing power outage insurance payouts to small businesses — fast.

Mike shares his insights from two decades in the insurance industry and explains why grid reliability is rapidly becoming a first-order financial risk for businesses. He also unpacks the explosion of interest in distributed energy, and why it reflects a fortress mentality among large companies eager to stay online no matter the weather.

Along the way, he makes the case for why parametric insurance isn't just a financial product, but a critical safety net amidst ongoing failures to harden our infrastructure for a climate-adjusted world.

If you're interested in how technology is shaping the future of climate risk insurance, this episode's for you.

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Questions? Comments? Email Louie at louie@climateproof.news.