Ep 296: Wesley Pergament, Co-Founder & CEO, Sola Insurance

Ep 296: Wesley Pergament, Co-Founder & CEO, Sola Insurance

From FNO: InsureTech by Alacrity Solutions

December 22, 2025 · 48 min

About this episode

Wesley Pergament discusses Sola Insurance's innovative approach to property insurance using weather data and a hybrid policy model.

In this episode, Wesley Pergament, Co-Founder and CEO of Sola Insurance, joins FNO: InsureTech for an in-depth discussion on how Sola uses objective weather data and a hybrid policy model to address major pain points in property insurance. With roots in disaster recovery and technology, Wesley explains Sola's evolution from a tornado-focused product to comprehensive wind and hail coverage, targeting gaps left by high deductibles and widespread fraud. The conversation details Sola's careful expansion into 15 states through partnerships with vetted agency networks and ongoing engagement with organizations such as Lloyd's, both as coverholder and Lloyd's Lab participant. Key Highlights Inspired by first-hand experience with Hurricane Sandy, Wesley describes Sola's foundation to help communities recover from natural disasters using data and engineering expertise. Sola started by offering tornado-specific parametric coverage before expanding to meet the scale of wind and hail losses, which together cause significantly higher annual damage than hurricanes or wildfires. Sola combines elements of parametric and indemnity insurance, optimizing for accurate, correlated loss response and…

People in this episode

Guest: Wesley Pergament

Topics covered

  • property insurance
  • weather data
  • parametric coverage
  • disaster recovery

Keywords

  • insurance gap
  • wind and hail coverage
  • Lloyd's Lab
  • data analytics

Mentioned in this episode

Products: Sola Insurance

Places: Oklahoma

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