35 OUR BUSINESS MODEL As the ARC Group’s commercial entity, ARC Ltd. aims to mitigate the impact of natural disasters by proactively predicting these events, supplying requisite insurance and supporting the Group’s capacitybuilding programmes. These interventions empower governments to create safety nets and be better prepared for perils, making ARC Ltd. unique among parametric insurers. Having cultivated a skilled team and developed a world-class proprietary risk and underwriting model, ARC Ltd. can deliver tailored parametric insurance policies to our member states. Our major advantage is the authority to function as a local insurer, exempt from local laws and regulations in countries that have signed the ARC Treaty. We continue to conduct research into natural disasters and their associated risks, and this forms the cornerstone of our service offering. OUR BUS I NESS MODE L PRIORITY TWO MICRO/MESO INSURANCE FLOOD & CONTINGENCY FUND PRIORITY THREE
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