Parametrix secures $50m parametric cloud outage coverage for US retail chain

Share!

Reinsurance News - Jul 12, 2024

Earlier this week, Parametrix, a provider of cloud monitoring, modeling, and insurance services, successfully secured a $50 million parametric cloud outage coverage for a US retail chain. As announced by Parametrix’s Chief Commercial Officer, Sharon Haran, this innovative coverage provides the...

Read Full Article

Recommended Articles

Africa Specialty Risks names Tunu Sokiri as COO

Posted: Oct 07, 2025

Developing markets-focused re/insurance group Africa Specialty Risks (ASR) has appointed Tunu Sokiri...

MSIG USA appoints Erika Shalette as General Counsel

Posted: Oct 07, 2025

MSIG USA, a provider of specialty commercial insurance, has appointed Erika Shalette as General Coun...

ADAS technology to have significant impact on auto insurance industry: Evercore ISI

Posted: Oct 07, 2025

Advanced Driver-Assistance Systems (ADAS) are expected to have a significant impact on the auto insu...