Setoo allows e-businesses to build and distribute personalized insurance and protection products. With Setoo's parametric insurance-as-a-service platform, e-businesses can create new, targeted protections within minutes, addressing consumers' actual concerns, and generating automatic compensation without the need to file any claim. Setoo operates as an MGA and is approved by the FCA in UK and ACPR in the EU.On July 15, 2021, Setoo merged with Pattern.