EHAB

The future of construction

EHAB is the first weather risk management platform for construction. They are taking a lead in an industry beset by growing climate risks and weather related delays. They work with industry leading contractors such as BAM Nuttall, Morgan Sindall, Costain, Balfour Beatty and many others. The platform is available globally and is already used across the UK, as well as in Ireland, Brazil, Canada and Australia.

Insurtech Gateway led their Pre-Seed round in May 2020 and went on to lead their £1m Seed round in March 2022.

EHAB FOUNDERS

Josh Graham (CEO) – Josh has been running startups and charities since 2015, with a focus on sales and product development.

Filipe Moura (CTO) – Filipe has been developing software for 18 years working across continents and in a myriad of industries including social impact, insurance and finance.

THE PROBLEM

Complexity: Weather risk and its interaction with a construction project is highly complex. With so many dependencies within projects, a small delay somewhere could have big consequences come the end of the project. Modelling this is extremely difficult. 

Poor data: Most companies today have access to some kind of weather data. But this is rarely fit for purpose given the complex nature of the problem above and the fact that climate change is causing serious changes in the underlying trends, as we’ve all experienced in recent years. 

Gut-feel: Most companies today take a very simple approach which leaves a lot of opportunity for productivity gains, as they are more exposed to the extremes of a changing climate. 

THE SOLUTION

EHAB’s platform offers an enterprise risk management solution which connects with planning and risk softwares to deliver actionable insights at every stage of the project lifecycle. 

Leveraging this detailed insight on weather risk customers are then able to price and procure a first of its kind parametric insurance policy through the platform.