Lloyd’s 1st Syndicate-in-a-Box, Operated by Munich Re, Aims to Be an Innovation Lab February 4, 2020 By L.S. Howard Lloyd’s of London is expecting big things for 2020 as it rolls out the key initiatives for its massive modernization...
Parametric Insurance Fills Gaps Where Traditional Insurance Falls Short January 9, 2020 By Daniel Brettler and Timothy Gosnear Although parametric solutions have been generally available since the late 1990s, they have more recently found their way into corporate...
FEMA Envisions High-Tech Flood Insurance Program Using Parametrics, Blockchain November 26, 2019 By Jim Sams Blockchain technology and parametric insurance should be included in the Federal Emergency Management Agency’s toolbox as it strives to close...
Hail Has Damaged Insurance Market for Car Dealers. Parametric Insurance May Help. November 14, 2019 By Ira Boudway Nick Pacifico has been working at his family’s Cadillac dealership in Denver since 2003. He’s never seen insurance costs this...
Parametric Catastrophe Facility CCRIF Pays US$12.8M to Bahamas for Dorian Damages September 27, 2019 CCRIF has made two payouts to the government of The Bahamas totaling US$12.8 million in the aftermath of Hurricane Dorian,...
Rethinking the Limits of Parametric Insurance September 24, 2019 By Michael W. Elliott It’s time to rethink the limits of parametric insurance. The concept behind parametric insurance is not new. Insurance payouts automatically...
Update: Parametric Catastrophe Pool, CCRIF, to Provide Rapid Payout for Bahamas After Dorian September 5, 2019 By Eric Roston Some of the first financial relief the Bahamas receives in the aftermath of Hurricane Dorian may be a rapid insurance...
Parametric Insurance Cover Provides French Farmers with Drought Relief August 2, 2019 By Inti Landauro Hundreds of French farmers who signed up for specialist policies aimed at insuring against freak weather are getting swift payouts...
JBA Risk Management and FloodFlash Launch Parametric Flood Policy in UK June 28, 2019 JBA Risk Management and FloodFlash have formed a partnership to provide event-based flood insurance, which uses parametric triggers for property...
Clyde & Co. Launches Connected Parametric Insurance Contract May 23, 2019 Global law firm Clyde & Co has launched an off-the-shelf connected parametric insurance contract for use by insurers through its...