Yokahu pays you a pre-agreed cash sum after a hurricane. Payment is based upon your home experiencing winds of 74mph+ with payments based upon the Strength of the Hurricane (measured by Pressure). No Claim, no loss adjustment is required and no deductible. Receive the money in as little as 24 hours to use as you need to.
Managing Caribbean risk
Tim McCosh, Founder and CEO, Yokahu talks to Emerging Risks about providing parametric cover for the Caribbean, and how climate change is affecting the risk profile.Can you tell us a little about Yokahu - when it was it founded and what does it do? We were founded in...
Yokahu aiming to build local partnerships to strengthen Caribbean resilience
Shared with the kind permission of The Insurer Yokahu founder and CEO Tim McCosh caught up with ESG Insurer to discuss next steps in the parametric start-up’s efforts to provide cover for hurricane-exposed communities in the Caribbean. One of the major challenges in...
Hurricane Protection: Time for Employers to take Responsibility
Tim McCosh, CEO of Yokahu, considers how companies that are frequently affected by hurricanes could consider hurricane protection as a form of benefit for their employees, not simply a cost for their business Hurricanes are one of the most significant external events...
Climate Change and Hurricanes: Where does Yokahu Stand?
Tim McCosh, Co-Founder and CEO of Yokahu reflects on another above-average hurricane season in 2021, and looks ahead to how climate change is increasing the possibility of hurricane risk facing everyday people. One of the key actions from the much talked about COP26...
McKenzie Intelligence Services partners with parametric hurricane insurance MGA Yokahu
London, 28th October, 2021: Leading geospatial imagery and re/insurance intelligence company, McKenzie Intelligence Services (MIS), is pleased to announce a strategic partnership with digital first Managing General Agent (MGA) McCosh Holdings Ltd, trading as Yokahu....
Yokahu becomes Lloyd’s of London Coverholder
Yokahu receives formal approval as a Lloyd's of London Coverholder We are pleased to today confirm we have received formal approval from Lloyd's of London to become a Lloyd's Coverholder. Thus enabling us to start to service the people of the Caribbean with simple...
Everything You Need to Know for the Launch of Yokahu’s Hurricane Emergency Expenses
When Does Yokahu Launch? Yokahu and its first policies will be available on an invite-only basis in the next few weeks. We are able to launch in The Bahamas, St Lucia, Jamaica and US Virgin Islands. We will only be able to release 300 policies in 2021 as we await...
Hurricanes and Hurricane Season, In A Nutshell
If you’re considering Yokahu to get yourself insurance for hurricane damage we understand that you’ll probably want to be clued up on all things ‘hurricane’ before you take out a protection policy. We’ve put together this handy guide to help you. It’s also incredibly...
We’re Yokahu, Here To Change The Landscape of Hurricane Protection
The cost of hurricane insurance in the Caribbean is too expensive. It's completely pointless to even think about it for your household- right? Wrong! We are Yokahu and we’re here to change the landscape of hurricane protection. We feel that frankly, not enough is...
Parametric Insurance: The Answer for Hurricane Protection!
Due to their Atlantic location, countries in the Caribbean are at huge risk of natural disasters (most prominently hurricanes), that lead to significant physical and economic consequences. So as an islander facing these potential seismic setbacks, what are your...