Tag: parametric insurance

Floodbase and Liberty Mutual launch instant flood quoting

Floodbase, a parametric flood risk insurance platform, and Liberty Mutual have announced the launch of an instant quoting application for parametric flood (re)insurance in...

Mantas raises $1.77m to bring parametric insurance to cloud downtime

Mantas, a company focused on insuring modern digital risks, has emerged from stealth alongside a seed funding round to introduce parametric insurance designed to cover cloud service downtime.

Previsico sounds alarm as most UK firms lack flood resilience plans

Fewer than 30% of UK businesses are ready to face the increasing threat of flooding linked to climate change, according to new findings from InsurTech firm Previsico.

Yokahu streamlines parametric insurance transactions with new exchange

Yokahu, a leading innovator in parametric insurance, has introduced cat-risk.com, the first independent, many-to-many parametric exchange designed to revolutionise disaster risk finance within the London re/insurance market.

AI-driven InsurTech Adaptive Insurance secures $5m to launch climate resilience platform

Adaptive Insurance, a Texas-based climate resilience company, has secured $5m in a seed funding round to accelerate the rollout of its AI-driven parametric insurance solutions aimed at protecting businesses from climate-related disruptions.

Descartes Underwriting introduces $70m parametric insurance product for solar farms

Descartes Underwriting has launched a new parametric insurance product to protect US-based utility-scale solar farms from tornado damage, offering up to $70m in coverage.

Protect Group and Blink Parametric partner to enhance travel protection solutions

Protect Group, a leader in ancillary travel products, has announced a strategic partnership with Blink Parametric to enhance travel protection solutions through its Protect Marketplace platform.

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...
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