Cohort: Cohort 8, 2022
Focus in insurance value chain/workflow: Point of underwriting
Specific lines of business supported: Corporate I Speciality
Founded: 2021
Status: Operating, still in insurance
Company type: MGA
Head office: United Kingdom
Main global offices: United Kingdom
Locations served: United Kingdom, USA
Employee count: 1-10
Kita is an MGA providing insurance for the carbon markets. The company's flagship product, Carbon Purchase Protection Cover, protects carbon credit buyers against the risk of carbon sequestration projects failing to deliver expected volumes of credits. Kita is developing a range of products to protect against multiple risks faced by carbon credit buyers, sellers and intermediaries.
Primary focus product area whilst in the Accelerator: Climate change/ decarbonisation
Kita was originally planning on creating a parametric insurance product for the voluntary carbon market. Through its experience in the Lab it created its first product, Carbon Purchase Protection Cover, one of the first voluntary carbon market insurance products in the market.
“Lloyd’s Lab was hugely beneficial to Kita in terms of helping create strong connections and partnerships within the Lloyd’s market, where innovative products like carbon insurance can find a home.”Natalia Dorfman, Chief Executive Officer and Co-Founder
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Kita website 
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