Parametric News
Explore the newest/trending Parametric content.
Markets/Coverages: Floodbase Expands Parametric Platform
Mar 6 2026 // Parametric platform Floodbase said it has unveiled its Floodbase Quote API to enable insurers and MGAs to reduce manual quoting cycles into workflows that dramatically accelerate distribution and offer new portfolio flood...
Markets/Coverages: Liberty Mutual, Floodbase Partner on Parametric Flood
Feb 25 2026 // Floodbase and Liberty Mutual announced the launch of an instant quoting application for parametric flood insurance in the U.S., allowing wholesale and retail brokers to price parametric flood covers in minutes Designed...
Markets/Coverages: Apollo, ZenHedge Partner on Parametric Solution for Shippers
Jan 27 2026 // Apollo, a Skyward Group Company, announced a partnership with U.S. startup insurtech ZenHedge to launch a parametric insurance product called Freight Expense Insurance designed to protect U.S. shippers against increased...
Markets/Coverages: Bold Penguin Adds Parametric Coverage With Adaptive Partnership
Dec 5 2025 // Bold Penguin announced a partnership with Adaptive Insurance, expanding coverage options available through the Bold Penguin Placement Desk. Adaptive is pioneering the path to resilience in the face of emerging climate...
Jamaica to Get 2nd Parametric Insurance Payout for Excess Rainfall From Storm Melissa
Nov 7 2025 // The Caribbean parametric insurer, CCRIF SPC, announced it will make a second payout of US$21.1 million to the government of Jamaica – a policy triggered by excess rainfall from Hurricane Melissa. This payout follows the...
Jamaica to Get Record $70.8M Parametric Payout for Hurricane Melissa
Nov 4 2025 // The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will make a payout of US$70.8 million to the government of Jamaica to cover damages from Hurricane Melissa. This marks the largest single payout in the...
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