All parametric insurance cover articles

  • Resilience

    Future of insurance: Rise of parametric covers

    Special edition: Future of business. In The Future of Business series, sister title StrategicRISK, in association with Swiss Re Corporate Solutions, look at the scale of change in the industries that are driving real innovation and shaping the future of business, and consider the impact from a risk and insurance ...

  • lloyd's of london (2)

    Lloyd’s has launched a new “first-of-its-kind” business interruption policy for SMEs


    Parametrix Insurance offers simple and reliable coverage by removing the traditional indemnity trigger that most insurance policies today use. Instead, the new solution uses a parametric trigger, meaning that the policy automatically pays out if a customer’s critical IT services – such as cloud, e-commerce or payment systems – are ...

  • Adam Rimmer_FloodFlash

    Insurers unable to hide behind parametric insurance small print, says FloodFlash’s Adam Rimmer


    Although many organisations had a form of business interruption insurance within their commercial cover prior to the Covid-19 pandemic, FloodFlash co-founder Adam Rimmer tells Insurance Times how a parametric insurance model would have been the better option for this type of insurance, as ’there’s no small print for the ...