Articles about Parametric Insurance in Insurance
Tired of the slow, manual process of quoting flood insurance? Floodbase just rolled out a new parametric platform and API that could change everything, making it faster and easier to cover the underserved U.S. flood market.
When a hurricane triggered a massive $150 million parametric insurance payout for Jamaica, some worried it would spook investors. But here's the surprising truth about why the ILS market isn't just holding firm—it might be stronger for it.
When Hurricane Melissa brought torrential rain, Jamaica's special insurance policy kicked in, delivering a much-needed $21.1 million. Here's a look at how this fast-acting coverage, called parametric insurance, is changing the game for disaster recovery.