About Parachute

Our mission is to build climate resilience and support consumers and businesses suffering financial disasters from natural catastrophes with innovative risk management solutions.

We founded Parachute Insurance to redefine what insurance for natural catastrophes stands for: Fast, easy and reliable financial protection in times of need. Our analytics-powered risk models and cutting-edge parametric approach allow us to offer protection for hurricanes, floods and other natural disasters at affordable premiums.

Joerg Proeve

Co-founder & CEO

Joerg is an insurance veteran with over 20 years of industry experience. Prior to founding Parachute Insurance in 2020, he held senior leadership positions with Chubb and CNA Insurance.
He has a track record of building strong partnerships, driving change and advancing innovation in the insurance industry. He earned his MBA from London Business School and holds a Master’s in Electrical Engineering from the Karlsruhe Institute of Technology.

Sasha Gutfraind

Co-founder & CTO

Sasha brings a wealth of data science, analytics and technology experience from the insurance, healthcare and emergency response sector with him. His mission is to transform the industry with data science and AI methods.
Sasha earned his PhD in mathematics from Cornell University, worked as a researcher at the Los Alamos National Laboratory and as a Principal AI and ML scientist with Anthem.