Corporations can face costly losses after an earthquake, but insurance is becoming more expensive, with higher deductibles and lower limits.
As more corporates choose parametric earthquake insurance to cover their exposure, InsTech’s new report, released in partnership with Safehub, looks at how parametric earthquake insurance works and how sensor technology can provide a building-specific trigger for parametric policies.
The report includes perspectives from industry experts and examples of how parametric earthquake insurance can be used in practice.