WorldCover

Founded on November 11, 2015, and based in New York, NY, WorldCover is a fintech company operating within the insurance sub-industry. As a participant in the Y-Combinator W16 batch, the company has established a platform that connects investors with opportunities to provide natural disaster insurance to the global poor, specifically targeting smallholder farmers in developing regions such as the United States of America and America/Canada. WorldCover’s innovative approach helps improve food and income security for farmers, who are part of the 2.5 billion people globally relying on agriculture for sustenance and income. The company’s insurance products offer these farmers security against potential bad harvests due to natural disasters, while their investment products provide both retail and professional investors with attractive returns that are uncorrelated with the world’s financial markets. With a team of 20, WorldCover continues to impact the base of the economic pyramid by aligning investor returns with crucial developmental goals.