Parametric News
Explore the newest/trending Parametric content.
Pairing Parametric and Standard Insurance Will Become More Common: East Carolina University Students
May 19 2025 // Parametric insurance experts don’t see the coverage replacing traditional insurance. But how are the specialized products currently used–and how could their adoption expand in the future? Ten East Carolina...
NormanMax Agrees to Purchase Parametric Flood Specialist MGA, FloodFlash
Feb 26 2025 // NormanMax Insurance Holdings, the Miami-based provider of parametric re/insurance solutions, has agreed to acquire FloodFlash, the parametric flood managing general agent, subject to regulatory...
Aon, Floodbase, Swiss Re Team on Parametric Storm Surge Solution for US Hurricane
Feb 5 2025 // Aon plc said it has launched a new parametric insurance solution designed to address and mitigate commercial losses from hurricane-related storm surge along the coast of the U.S. Developed with parametric flood insurance...
Descartes Launches Parametric Tornado Coverage for Solar Farms
Jan 23 2025 // Descartes Underwriting has announced the launch of a parametric insurance product to protect utility-scale solar farms against tornado damage. According to a press release, the coverage uses satellite data and analytics to...
Guy Carpenter to Research Parametric Solutions in California, Florida
Dec 12 2024 // Guy Carpenter said it is starting a research project to explore the use of parametric insurance solutions in California and Florida for wildfire and hurricane risks. The effort will focus on the use of a...
Markets/Coverages: Rokstone Launches Global Parametric Product
Nov 20 2024 // Rokstone, the London-based speciality re/insurance MGA that is part of the Aventum Group, has launched Rokstone Parametric in partnership with NormanMax Lloyd’s Syndicate 3939. With an initial US$10 million worldwide...
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