Parametric Flood Insurance: Parametric flood insurance, in general, protects against an event. It’s a trigger when that event happens, you get a claim payout immediately. That payout is based on a specific, …
Travel and tourism are more than just a getaway they are an economic powerhouse. In 2024, the industry contributed a record $11.1 trillion to global GDP, representing 10% of the world’s economy. …
Cargo Delay Insurance: We are all aware of the challenges when supply chains come under pressure blockages in the Suez Canal, wars in Ukraine, and things like that. It’s very hard to …
Parametric insurance is a relatively new concept that’s getting increased attention as a way to provide faster and more flexible funds to victims of disasters. Most of the US citizens and corporates …
Wildfires and related insurance coverage considerations for impacted industries involve understanding both operational and legal landscapes. Wildfire season every year burns millions of acres across the United States. While wildfire season had …
Parametric crop insurance is a type of policy that provides a fixed payout based on predefined indicators of crop health. Instead of compensating for actual losses, it uses measurable triggers like wind …
List of parametric insurance companies in USA: Parametric insurance is carving a niche in the U.S. marketplace, largely targeting commercial clients and specialized risks. Established players like Zurich, Munich Re, and Swiss …
Parametric earthquake insurance, offered by many insurance companies available for both residential and commercial properties in California, Oregon, and Washington. Parametric insurance provides a payout when a defined event occurs, rather than …
Every summer, as hurricanes start brewing in the Atlantic, there’s a familiar sense of concern especially for people and businesses in coastal areas. The storms seem stronger each year, and the financial …
Homeownership is one of the biggest investments most people make in their lives. Protecting this valuable asset from unforeseen risks such as natural disasters, extreme weather events, or other damages is critical. …