Catalyit Coffee Chat with Centinel

The Rundown

Centinel, an insurance startup born out of disaster, just launched its PowerProtect™ coverage — fast-payout insurance for small and medium businesses hit by power outages.

The Context

• The idea sparked after a brutal Texas winter storm and pandemic gaps revealed a massive need.
• Centinel uses parametric insurance — payouts trigger automatically when a set event (like a blackout) occurs.
• Real-time data partnerships mean clients don’t need to install hardware.
• The company offers an end-to-end platform for agencies, handling everything from plan design to compliance.
• Make sure you check out their recent demo.

Why it Matters

Traditional insurance moves slowly when disaster strikes. Centinel’s instant-pay model could change that, making it easier for smaller businesses to stay afloat when the grid goes dark. It’s also a game-changer for insurance agencies looking to grow revenue without incurring additional administrative costs.

Watch now to see how Centinel can work for you!