Parametric Solutions

Parametric insurance

Our team is a dedicated parametric resource with more than fifteen years experience in structuring and placing parametric insurance covers for a spectrum of clients, including multilateral corporate operations, public entities, and financial institutions. We are committed to understanding and addressing the risk profiles unique to each insurance and re-insurance client, across regions, industry sectors and Speciality insurance lines, to provide appropriate solutions to weather and natural catastrophe exposures.

We have a global reach and a market leading capability providing data-driven insurance solutions to meet the growing demand for innovative risk management and transfer solutions. By leveraging our group analytical capabilities, we design parametric insurance solutions which effectively address the risks faced by our clients.

Our long standing, embedded and collaborative relationships with key insurance market contributors (insurers, re-insurers, and data providers) enable us to access and design a diverse suite of parametric insurance and reinsurance products and services. These partnerships allow us to stay at the fore of research and development necessary to ensure that our clients benefit from the most up-to-date and innovative solutions available.

Why parametric insurance?

• Parametric insurance provides a pre-defined payout when an insured event triggers a policy by meeting the specified thresholds in the policy
• Parametric claims are settled quickly—often within days or weeks; this speed of claim payment offers liquidity when needed 
• Parametric insurance can serve as a replacement for indemnity coverage or complement it