The vision of PIISA is to enable the development and deployment of wide range
insurance innovations to cover at least 50% of losses attributable to climate
change effects in Europe. The project aims to incite households, firms, and
public authorities to create adaptation promoting conditions.
PIISA focal sectors are agriculture, forest sector, and cities and citizens’ well-being, involving a host of climate enhanced hazards such as floods, droughts, forest fires, biotic risks, and various types of storms. The consortium counts 12 partners from 5 countries. PIISA involves 3 insurance companies who will actively participate in the insurance pilots conducted in 8 countries, also using their vast multi-million customer base.
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