Tag: parametric insurance
IBISA secures $3m to expand parametric climate insurance in Asia and...
IBISA, a global leader in the Climate InsurTech sector, has successfully raised $3m to enhance its parametric insurance offerings aimed at mitigating weather-related risks across Asia and Africa.
Howden acquires MiCRO to expand parametric insurance solutions in Latin America
Howden, a leading insurance broker, has announced the acquisition of MiCRO, a microinsurance specialist focused on providing parametric insurance coverage to underserved populations in Latin America against natural catastrophes.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon
Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
This innovative insurance solution offers Erste...
ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence
In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking...
Chaucer introduces parametric cover for weather-driven business interruption losses
Chaucer, a leading insurance underwriting group, has introduced parametric cover to address weather-driven business interruption losses.
Munich Re launches new parametric insurance team
Munich Re, a renowned reinsurer, has unveiled a new global parametric team dedicated to addressing natural catastrophe risk transfer solutions.
Capella Space and Floodbase partner to enhance parametric flood insurance
Floodbase has partnered with American space tech firm Capella Space Corp. to enhance its parametric flood insurance offering.
Raincoat harnesses $6.5m to accelerate climate disaster insurance
Raincoat, a firm tackling the challenge of providing scalable climate insurance solutions, has announced additional seed funding of $6.5m.