A better way to protect people from extreme weather
We built Ric to give employers a simple way to take care of people when extreme weather hits.
Ric exists so people don’t have to wait weeks or months for help after extreme rainfall and other severe weather. We believe protection should be simple to understand and fair to access — and that employers should have a clear way to support employees when life gets disrupted.
Our mission is to turn measured extreme rainfall into fast, fixed payouts that help families stay housed, keep working, and recover with less financial stress.
THE PROBLEM
Coverage gaps show up when people can least afford them.
Most people assume that if something important is missing from their protection, a lender or insurance company would flag it. But extreme rainfall can create real costs — temporary housing, transportation, cleanup, missed work — that often aren’t fully covered by standard homeowners or renters policies, and they’re rarely required unless you’re in a narrowly defined area.
When severe rain disrupts daily life, families can discover they’re more exposed than they thought — and those shocks hit fast. Employers feel it too, through stress, time away, and slower recovery across teams.
OUR APPROACH
Simple. Fast. People-first.
Most people assume that if something important is missing from their protection, a lender or insurance company would flag it. But extreme rainfall can create real costs — temporary housing, transportation, cleanup, missed work — that often aren’t fully covered by standard homeowners or renters policies, and they’re rarely required unless you’re in a narrowly defined area.
When severe rain disrupts daily life, families can discover they’re more exposed than they thought — and those shocks hit fast. Employers feel it too, through stress, time away, and slower recovery across teams.
Our story
Most people assume that if something important is missing from their protection, a lender or insurance company would flag it. But extreme rainfall can create real costs — temporary housing, transportation, cleanup, missed work — that often aren’t fully covered by standard homeowners or renters policies, and they’re rarely required unless you’re in a narrowly defined area.
When severe rain disrupts daily life, families can discover they’re more exposed than they thought — and those shocks hit fast. Employers feel it too, through stress, time away, and slower recovery across teams.
Our values
Clarity
People deserve to understand what they’re getting.
We use plain language, simple triggers, and fixed payouts — no guessing.
Speed
When life is disrupted, timing matters. Ric is designed so payouts typically arrive within about a week of a qualifying event.
Preparedness
We focus on readiness, not fear. The goal is confidence that there’s a plan when heavy rain hits.
Fairness
Protection shouldn’t depend on homeownership. Ric is built for renters and homeowners alike.
Simplicity
Insurance shouldn’t feel complicated. We do the hard work behind the scenes so the experience stays straightforward.
Meet the team
Ric is led by a team with deep experience across insurance, risk, benefits, and technology. We’ve seen how slow and complicated recovery can be, and we’re committed to building a more direct path to help for employees and their families.
Nakita Devlin
Nakita Devlin
An insurance broker by background, Nakita spent more than a decade structuring catastrophe coverage and speaking with families after major loss events. Ric grew from that work — and from a belief that simple, parametric protection should be available to people, not just large institutions.
Nakita Devlin
An insurance broker by background, Nakita spent more than a decade structuring catastrophe coverage and speaking with families after major loss events. Ric grew from that work — and from a belief that simple, parametric protection should be available to people, not just large institutions.
Stephen Discenza
Stephen Discenza
Steve is a seasoned insurance and tech professional who’s passionate about using technology to enable the introduction of novel insurance products designed to help close the protection gap. He has a wide-ranging background, with deep underwriting experience in the specialty property space, as well as senior leadership roles on the technology side. Steve has played a role in 10+ MGA startups and has worked with dozens of more established players across a wide variety of lines. He’d be delighted to talk your ear off about tech, insurance, running, rock climbing, music, cooking — or any combination thereof.
Stephen Discenza
Steve is a seasoned insurance and tech professional who’s passionate about using technology to enable the introduction of novel insurance products designed to help close the protection gap. He has a wide-ranging background, with deep underwriting experience in the specialty property space, as well as senior leadership roles on the technology side. Steve has played a role in 10+ MGA startups and has worked with dozens of more established players across a wide variety of lines. He’d be delighted to talk your ear off about tech, insurance, running, rock climbing, music, cooking — or any combination thereof.
Stephen Brandt
Fielding Norton
Chris Lowell
Charlie Sidoti
Why partners trust Ric
Ric meets the standards expected in insurance and employee benefits while staying clear and practical for employees. As a managing general agent backed by Tokio Marine HCC — a global specialty insurer with strong financial strength ratings — we pair reliable backing with a simple rainfall-based benefit.
For brokers and employers, that means transparent triggers, consistent event communication, and the operational strength to deliver payouts quickly and accurately. We collaborate closely with carriers, brokers, and employer partners as we expand nationwide availability across all 50 states.
Media & mentions
Finding insurance coverage for weather-related risks
Nakita Devlin On The Promise Of Parametric Insurance
Breaking Barriers: Making Insurance Accessible in a Climate-Challenged World with Nakita Delvin
