In today's increasingly volatile climate, traditional property insurance often falls short. Parametric natural catastrophe insurance has evolved into a strategic instrument for risk managers, offering targeted protection not just as a hard market solution, but as a deliberate response to the structural limitations of conventional coverage.

Beyond merely providing capacity, parametric solutions address critical blind spots in property programs. They can absorb high deductibles and respond to losses that are typically excluded, hard to quantify, or delayed under indemnity-based policies. These may include:

• Pre-event preparation and mitigation costs.
• Emergency response and recovery spending.
• Lost revenue, business interruption, and supply chain disruption.

What makes parametric insurance distinctive is its clarity, speed, and reliability. Payouts are triggered by objective, pre-agreed metrics such as wind speed, rainfall, or ground shaking reported by trusted third-party data sources. This eliminates the need for lengthy loss assessments, enabling payments within days and accelerating recovery when every hour counts.

As climate-driven events grow in intensity and unpredictability, parametric solutions are becoming essential to building financial resilience, enhancing liquidity, and ensuring continuity in the face of disruption.

Note: All downloads and related contact information will be accessible to the webinar sponsor.

• Parametric insurance is more than a way to add capacity in a hard market. It is a versatile and innovative risk transfer tool.
• It should be integrated into a holistic risk management strategy. This allows organizations to transfer more Nat Cat risk into the private insurance market.
• Many sectors face Nat Cat losses that go beyond property damage. These sectors can use parametric insurance to avoid retaining these financial exposures.
• Claims are settled quickly, transparently, and based on objective triggers. Payouts arrive at the most critical time, immediately after the event during recovery efforts.