Parametric Insurance: A Sure Bet on Nature’s Gambles

By |2024-04-01T14:33:26+00:00March 4th, 2024|Blog, Construction, Energy, News, Risk Management, Trending|

Parametric insurance sounds a lot like betting on horses. In betting on horse races, there is a set threshold - the finish line - that must be crossed to trigger a payout. In parametric insurance, there is a threshold that set parameters must cross to trigger payout.