Tag: parametric insurance

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, 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.

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 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, 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, 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, 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 has launched Flight Delay Insurance, a new service available to its customers in the George app. This innovative insurance solution offers Erste...

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, a leading insurance underwriting group, has introduced parametric cover to address weather-driven business interruption losses.