Demex’s aggregate loss reinsurance for severe convective storms continues to gain traction

NEW YORK, NY, December 2, 2025 –Demex, a technology-enabled reinsurance solution provider, has marked its shift into market expansion stage with the appointment of a next generation of C-suite leadership, drawing from the strength within its existing team. Michael Anderson has been named CEO following four years as Chief Growth Officer, Matthew Coleman moves to President, Reinsurance from Chief Risk Officer and Charlie Eadie has been promoted from EVP, Strategic Partnerships & Growth to the Chief Growth Officer role. Outgoing CEO Bill Clark, who led Demex through commercial launch, will continue to support Demex on the company’s Advisory Board alongside experienced reinsurance professionals John DeMartini, Matthias Weber and Alastair Speare-Cole.

With primary carriers now having purchased over $140 million in cover through six of the world’s leading reinsurance brokers and hundreds of millions of capacity available for the 2026 renewal season, the company is set for considerable expansion.  Demex’s severe convective storm reinsurance solution is meanwhile proving its value in the market, making payments for aggregate losses across several US states.

Hank Hattemer, Partner at Blue Bear Capital - a lead investor in Demex - commented, “We conducted an extensive search to find the best candidate to continue Demex’s successful journey. In the end, it was clear the skills and expertise we already had in the business were best placed to keep driving the company forward.”

“Having been at Demex since we first started developing our working-layer aggregate loss solution for severe convective storms, I am excited by the direction Demex is heading. My conversations with primary carriers at NAMIC and APCIA have reinforced how strong the need for our breakthrough solution is,” stated Anderson.

“The increasing traction we are seeing, from both cedents and reinsurers, for our reinsurance solution, bodes well and speaks to the strength of the modelling and product structure we have put together,” remarked Coleman.

Demex’s transition from product innovation to commercial expansion features the world’s largest reinsurance brokers now selling Demex’s solution to their clients, hundreds of millions of dollars in capacity committed for the upcoming renewal season, and leading ratings agencies indicating they may give credit to cedents. The company is also fielding interest beyond the US and into international markets.

As noted by new Chief Growth Officer Charlie Eadie, “When a client like the CEO of Innovated Holdings says publicly that he would encourage all insurers with an exposure to severe convective storm losses to evaluate the Demex solution, you know you have a product the market values.”
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About Demex

Demex is a technology-enabled reinsurance solution provider and weather risk analytics company that partners with reinsurance brokers, insurers, and reinsurers to solve the rising challenge of frequent property losses from secondary perils. Demex models loss accumulation based on weather and claims data, informed by climate research, and provides aggregate reinsurance solutions that meet the needs of insurers and reinsurers. Demex is a market-maker for a class of risk that is surpassing catastrophe losses – an accumulation of losses from secondary perils that threatens not only insurers’ annual earnings but also the sustainability of their businesses. For more information, visit www.thedemexgroup.com.

Media Contact
‍Nick Hill
‍nick@princecomms.com

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