Born as a solution for property catastrophe reinsurance, the application areas of parametric insurance have rapidly expanded into different lines of business such as agriculture, weather-related risks, and travel.
Parametric insurance is today widely considered one of the main trends that will define insurance in the next years, and today many insurers, reinsurers and insurtech startups have kicked-off or are going to kick-off projects in the parametric insurance area.
In this webinar the following topics are discussed:
- What has been done so far in parametric insurance: application areas, lesson learned, regulatory aspects
- The main insurance pain points parametric insurance can address including protection gap and customer trust
- How insurers and insurtechs are exploring parametric insurance to tackle two of the biggest game-changers phenomena in our era: Covid-19 and global warming
- Presentation of new InsTech London research on Parametric Insurance