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October 29, 2024
Don’t blame the broker – The Parametric Post Issue 76
While the distribution of parametric insurance remains slow in some areas, brokers have proven essential in navigating its complexities and are no longer to blame for the speed of progress.
October 3, 2024
Time for a humour index? – The Parametric Post Issue 75
Wearables track everything from steps to sleep, but are they missing something? While exercise is key, studies show laughter boosts immunity, reduces stress, and strengthens heart health. So wouldn’t the best measure of our health be an index characterised by how frequently we laugh?
September 15, 2024
Parametric payout for a disrupted world
This week, Matthew Grant reconnects with Yann Barbarroux to discuss how parametric insurance helps mitigate supply chain risks, particularly in situations where traditional insurance falls short.
September 3, 2024
Birds, burgers and beyond – The Parametric Post Issue 74
What looks like a new opportunity for parametric insurance is now being offered by vendors of fast food from the Isle of Man to Scotland. A food truck announced a £1 insurance policy after locals were constantly harassed by seagulls, allowing customers who have their burgers and fries snapped up by birds to claim a free meal.
August 11, 2024
Summer of Love
This week Matthew and Robin are pointing the microphones at each other and back for our popular "Partners' Chat" as they review the world around us.
August 6, 2024
Celebrating success in claims payouts – The Parametric Post Issue 73
If you ever personally tried to make an insurance claim and struggled to get paid for what you thought you had bought insurance for, you may be surprised to know that there are times when insurers actually celebrate paying claims. With a relatively new concept such as parametric insurance, it’s essential to have evidence that this new approach actually works.
July 12, 2024
Hurricane Beryl tests parametric insurance – The Parametric Post Issue 72
The 2024 hurricane season has started with a bang. Hurricane Beryl, which made landfall in the US in Texas on 8 July, is the earliest Category 5 hurricane ever recorded in the Atlantic.
June 14, 2024
Seismic safety in the digital age – The Parametric Post Issue 71
InsTech tour New York and meet Safehub who premiered a short film showcasing its sensors that measure earthquake damage and ensure building safety.
June 2, 2024
Exploring Truth, Fair and integrated parametric insurance
In the first iteration of our upcoming parametric series with Raincoat, Matthew sat down with Jonathan Gonzalez to delve into how parametric insurance can be integrated with traditional indemnity insurance, the technical and regulatory challenges, and the importance of creating products that customers perceive as fair.
May 23, 2024
Lessons for financially sophisticated regions – The Parametric Post Issue 70
Recent heavy rain and flooding in the United Arab Emirates (UAE) is a reminder of the need for robust risk mitigation measures, even for areas of the world where certain catastrophic events are not considered major threats.
May 16, 2024
Arbol: enabling climate risk transfer in renewables and reinsurance
We recently spoke to Sid Jha, Founder and CEO, Arbol, to discuss the climate risk challenges faced by the renewable energy and insurance sectors and how Arbol is helping address them in 2024.
April 25, 2024
Expansion of sensor-driven parametric earthquake (re)insurance – The Parametric Post Issue 69
Liberty Mutual Reinsurance and Safehub have introduced a sensor-based parametric earthquake product worldwide, building on a pilot program's success in Mexico City, streamlining the assessment process for earthquake impacts, ensuring speedy and accurate payouts to clients.
