About us

Kita | We Insure Carbon. Kita is the carbon insurance specialist. Our mission is to enable high-quality carbon projects to scale by offering a portfolio of insurance products that reduce carbon risk. Reduced risk in carbon credit transactions leads to greater flows of upfront capital and accelerates the pace of positive climate impact. Kita is a coverholder at Lloyd’s of London - the world’s leading specialist insurance and reinsurance marketplace. Kita Earth Limited is authorised and regulated by the Financial Conduct Authority. The company is entered on the FCA register (www.fca.org.uk/register). Our Firm Reference Number is 998549.

Website
http://www.kita.earth
Industry
Insurance
Company size
11-50 employees
Headquarters
London
Type
Privately Held
Founded
2021
Specialties
carbon insurance, carbon removal, nature-based solutions, carbon markets, insurtech, biochar, dac, enhanced rock weathering, vcm, climatetech, carbon markets, and risk management

Locations

Employees at Kita

Updates

  • View organization page for Kita, graphic

    7,089 followers

    It sounds like a platitude, but we really do have such a fantastic team here at Kita. It is constantly inspiring to be surrounded by colleagues who are not afraid to take risks (even if we are in the business of mitigating risk 😉 ) and who pursue the course of action most aligned with their values and beliefs. Huge congratulations to our data scientist, Mansi A., who graduated yesterday with an MSc with Distinction. We are very lucky to have you helping to analyse the complex and vast data available and identifying the insights and patterns that enable us to offer carefully-calibrated insurance coverage for the ever-evolving carbon markets. #carboninsurance #datascience #carbonmarkets

    View profile for Mansi A., graphic

    Data Scientist at Kita | We Insure Carbon

    If you had told me two years ago that I’d be at my graduation ceremony today, completing my Master’s in Data Science with Distinction from City, University of London, I would have given you an awkward chuckle and a disbelieving gasp. Yet, here we are, and I’m beyond thrilled. This leap of faith from architecture to data science has taught me numerous crucial lessons, but most of all, it has enabled me to appreciate the beauty in the impermanence of everything, especially careers. In the past two years, I’ve had the opportunity to master a new subject, rediscover my love for mathematics, win hackathons, be invited to 10 Downing Street, learn about the critical role of insurance in the carbon markets, and complete a thesis on wildfire risk classification in forests using computer vision. All of these experiences have brought me closer to being able to make small but meaningful contributions towards environmental sustainability—a purpose I deeply care about. Throughout my journey, from my time at the Manchester School of Architecture (MSA) to my recent studies at City, University of London, I've come to see each new experience as a vital chapter in an ever-evolving story. Every phase has built on the last, teaching me that a lack of permanence does not equate to a lack of direction. Instead, it underscores the agility of our skills and passions when guided by a larger purpose. I owe a significant part of this accomplishment to my supervisor, Kevin Ryan whose guidance and encouragement have been pivotal in my academic and personal growth. Additionally, I am deeply thankful to Oleksander Galkin, Giacomo Tarroni, Aidan Slingsby and Constantino Carlos Reyes-Aldasoro for their tremendous support and mentorship. I also want to extend my heartfelt gratitude to my colleagues at Kita whose support and expertise were invaluable to my thesis. Here’s to embracing change, pursuing our passions, and never being afraid to take that leap of faith! I am confident that the best is yet to come.

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  • View organization page for Kita, graphic

    7,089 followers

    🌳How does insurance encourage and protect forestry natural capital investments?🌳 James Kench, CFA, Kita Head of Insurance was invited to chat to Shauna Deidre Matkovich on The ForestLink podcast to answer this question and many more. The conversation explored: - The ways in which insurance can operate as an enabler to mobilise capital towards natural climate solutions - The risks that insurance can address and the way in which Kita's products and services are structured to mitigate these risks - Insurance as a contributor to due diligence and as a signifier of high quality carbon credit transactions Have a listen to the full episode here: https://lnkd.in/ePNJhW_9 Find out more about why carbon insurance is a fundamental pillar of the carbon markets: https://lnkd.in/e3h-CtBK #carboninsurance #carbonmarkets #naturalclimatesolutions

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  • View organization page for Kita, graphic

    7,089 followers

    At Kita, we’re focusing on how our insurance products and services can help protect clients from uncertainties in the carbon markets. Amongst the risks that pose a threat to the carbon markets is political risk, arising from the adverse actions or inactions of governments. As political volatility increases around the world and Article 6 of the Paris Agreement and CORSIA continue to evolve, participants in the carbon markets face greater uncertainty in carbon credit transactions. In May 2024, WTW released its 7th annual political risk survey report, carried out by Oxford Analytica (part of FiscalNote). The survey highlights how the geopolitical landscape is becoming increasingly turbulent and how respondents continue to be more concerned about political risk and how it affects their business operations. The survey shows that in 2024 businesses are considering political risk more seriously and including it in their risk management strategies. From the report: “An overwhelming 96 percent said they have added new political risk management capabilities this year. More than 70 percent reported experiencing a political risk loss. Large majorities reported concern about political risk in Asia, Europe, Russia, the Middle East and North America.” The report illustrates respondents’ shifts in attitudes on political risk from panic to action between 2023 and 2024. This reinforces our belief that there is an appetite for proactive risk management and a clear market for bespoke political risk insurance for the carbon sector. Building on the success of traditional political risk insurance, our newest product, Carbon Political Risk Cover, tackles the unique challenges of political uncertainty in the carbon market. Read the full 2024 WTW Political Risk Survey report: https://lnkd.in/eNhytyQi Find out more about Kita's Carbon Political Risk Cover: https://lnkd.in/ejypcPqp #carboninsurance #politicalrisk #carbonmarkets Sam Wilkin

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    7,089 followers

    ❓ Why is Political Risk Insurance essential for the Carbon Markets❓ On Monday, we announced the launch of our specialist political risk insurance product, Carbon Political Risk Cover, in partnership with Tokio Marine Kiln. James Kench, CFA, Kita's Head of Insurance, spoke to The Political Risk Podcast about the way that our insurance helps underpin transactions in the carbon markets and how this new product protects against risks related to host country authorisations. Most of the financing for the carbon markets is coming from the Global North, while most of the projects themselves are in the more politically-exposed Global South. This generates risks that could impact the scale-up of the carbon solutions that the world so desperately needs. Carbon Political Risk Cover (CPRC) uses traditional PRI as its base but extends this to incorporate our deep understanding of the carbon markets and specific carbon-related considerations. Our underwriting model considers the host country's 'maturity' in the carbon space, the comparison of a country's net export capability in relation to net zero goals and what treaties (whether multilateral or bilateral) are in place should a host country renege on their commitment. Kita's bespoke risk assessment criteria and nuanced understanding of both the insurance and carbon sectors enables us to provide policies that protect transactions and encourage investment. 🎧 Listen to the full episode here: https://lnkd.in/ezkqJzQH Find out more about CPRC: https://lnkd.in/ejypcPqp A big thank you to David Benyon MA VR for inviting us onto the podcast. #carboninsurance #carbonmarkets #politicalrisk

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  • View organization page for Kita, graphic

    7,089 followers

    🌍 Kita and Tokio Marine Kiln launch Political Risk Insurance Product 🌎 We are thrilled to announce the launch of our newest insurance product, Carbon Political Risk Cover, in partnership with Tokio Marine Kiln. This policy will insure project developers and their investors against risks such as confiscation, nationalisation, forced abandonment, license cancellation and political violence. It will cover losses for both parties should a project’s host country revoke agreements that enable the credits to count towards external offsetting strategies. 👀 Read the full press release here: https://lnkd.in/eGuK_SJM 📎 Learn more about Carbon Political Risk Cover here: https://lnkd.in/ejypcPqp #carboninsurance #politicalrisk #carbonmarkets Laura G. Ed Parker, Miranda Quigley

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    7,089 followers

    A few weeks ago, we announced our new buffer insurance product; Buffer Depletion Protection Cover. Carbon standard, Wilder Carbon, is the first buyer of this policy and the provision of this insurance aims to increase confidence and integrity for Wilder Carbon’s stakeholders by providing a credit-worthy safeguard against loss and a complement to existing strong risk mitigation tools. Capacity is provided by Chaucer Group. Read the full blog for more information about how buffer insurance works, why it matters for the policyholder and the benefits it brings to the wider carbon markets: https://lnkd.in/ex-w968r Don't hesitate to contact us to find out how Buffer Depletion Protection Cover can further strengthen buffer pool safeguards: https://lnkd.in/e4tzSBhe #carboninsurance #bufferpools #vcm

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    7,089 followers

    🎉 Kita's team members shortlisted for FOUR awards 🎉 We are very proud to see Kita team members shortlisted for four of the BusinessGreen Women in Green Business Awards 2024 categories. The awards aim to celebrate the women working in the UK’s green economy and the sustainability-focused companies taking strides to improve equity and inclusion across the industry. We are thrilled that Kita and it's wonderful staff have been recognised and honoured to be included amongst such an impressive cohort. Here are the Kita team members who have been nominated as finalists (and the categories for which they're shortlisted): Racheal Notto, Director of Carbon Markets Engagement: Carbon Markets Professional of the Year Eilís O’Keefe, Carbon Markets & Partnerships Analyst: Rising Star of the Year - SMEs Racheal Notto: Mentor of the Year Natalia Dorfman, CEO and Co-founder: Entrepreneur of the Year View the complete 2024 shortlist here: https://lnkd.in/dVq6EdS5 #womeningreenbusiness #carboninsurance #genderequality

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  • View organization page for Kita, graphic

    7,089 followers

    ▶ On Tuesday 16th July, join Natalia Dorfman, CEO and Co-founder of Kita and Oli Torfason, COO of International Carbon Registry for a fireside chat and interactive discussion about the way in which insurance providers and registries can collaborate in innovative ways to increase integrity across the VCM. 🔎 Natalia and Oli will explore: 1️⃣ the synergy between insurance mechanisms and registry standards; 2️⃣ the ways in which insurance safeguards investments and enhances market efficiency; 3️⃣ the specific risks that insurance companies assess and protect against, and how insurance offers greater security to market stakeholders; and 4️⃣ how the Kita and International Carbon Registry are working together to bring benefit to VCM stakeholders. 📢 And we want to hear from you! The session will offer ample time to address your questions and comments about the sector. Feel free to post them below or bring them to the webinar on the 16th. 📝 Register here: https://lnkd.in/ev8BGjCE #carboninsurance #carbonmarkets #riskmanagement

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    7,089 followers

    Next Wednesday, Kita's Head of Insurance, James Kench, CFA, will be speaking at a webinar that Kita is co-hosting with International Biochar Initiative. What types of financing arrangements are needed to scale the biochar market? Join us for a panel and interactive discussion about what’s available now and where the industry is heading. Speakers: James Kench, Head of Insurance, Kita Hannah Calloway, Education Manager, IBI Jan Cihlar, VP Climate Finance, Pyreg GmbH Jason E. Dodier, Co-Founder, Grain Ecosystem Will Higbee, Head of Project Finance, Flowcarbon 📝 Register now: https://lnkd.in/e2h_GBsB #carboninsurance #biochar #carbonmarkets

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  • View organization page for Kita, graphic

    7,089 followers

    We are delighted to welcome two new interns to the team today! They will be with us throughout the summer, providing support across a range of essential functions. Please join us in welcoming Kornkamol S. who is joining the data science team to help work on building data processing pipelines for multimodal VCM data, and Gabriella Leuthner who will be working with the underwriting and partnership teams to help clients understand and transfer the risk in their carbon investments and purchases. Many of our past interns have become invaluable members of our staff and we never fail to be blown away by the drive, intelligence and commitment of the people who come to work with us at an early stage in their climate career. It bodes well for the future. #carboninsurance #climatecareer #carbonmarkets

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Funding

Kita 2 total rounds

Last Round

Seed

US$ 4.8M

See more info on crunchbase