In late January 2023, parts of New Jersey and surrounding regions experienced flooding caused by a low-pressure system that moved northeast through the Ohio Valley. The storm brought snow to northern areas …
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. …
Parametric cyber insurance is an emerging type of coverage designed to provide faster and more transparent payouts compared to traditional cyber insurance policies. Unlike conventional insurance, which relies on loss adjustment and …
What if filing an insurance claim could be as easy and instant as sending a text? Discover how blockchain technology can make insurance faster, cheaper, while keeping your personal data under lock …
The Lahaina fire is a tragedy, a ginormous event in the lives of thousands of people in Hawaii. After all of the fires are out and the emergency responders are on, insurance …
Climate change is causing billions in damages each year, yet traditional insurance often leaves huge coverage gaps. A new approach parametric insurance is emerging as a faster, fairer, and more transparent alternative. …