Parametric solutions
Alternative risk transfer paves the way to greater resilience
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The capability to swiftly address natural disasters or weather-related losses is of great importance in two respects: it not only alleviates adverse ripple effects but also facilitates a prompt return to normal business operations. The cornerstone of achieving this lies in agile and adaptable risk management strategies.
Parametric products provide a simple and transparent coverage concept – for insurers, businesses and the public sector alike. What makes them so interesting is that they complement traditional insurance coverage for policyholders aiming to reduce their risk exposure. And they make it possible to cover risks that have traditionally been uninsurable.