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Parametric | Insurance Insider US
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Admin
| Jan 22, 2025 2:22:16 PM
Cyber
Parametrix settles claims from AWS outage
The MGA said payments to affected customers began shortly after the event.
Olivia Royle
,
December 01, 2025
MGAs/MGUs
SiriusPoint inks wildfire parametric capacity deal with Arden
Property MGA Arden Insurance Services specialises in multi-family habitations.
Samuel Casey
,
August 13, 2025
Cyber
Parametric solutions in cyber on the up as SME coverage needs grow
BI claims are notoriously difficult to manage and some insurers believe binary coverage can help.
Olivia Royle
,
July 18, 2025
Specialty lines
Interest in parametrics growing ‘exponentially’: Swiss Re CorSo's Linkin
The once niche product is generating interest in a growing number of industries and sectors.
Adam Kovac
,
May 27, 2025
Industry-wide
New York governor signs law authorizing parametric insurance lines in the state
Most US states have been silent on the regulation of parametric insurance.
Clark Mindock
,
December 16, 2024
Property treaty
Rokstone partners with NormanMax to launch parametric product
It is targeting $25mn GWP this year and $50mn GWP in 2025.
Rebecca Perkins
,
November 20, 2024
Commercial Lines
Lockton Re to launch parametric products for US crop industry
The broker will be using Verisk US agricultural risk models.
Abbie Day
,
November 20, 2024
Bermuda
PartnerRe hires Price Forbes exec Iturrioz to oversee LatAm agriculture
The executive has also served as agriculture reinsurance VP at Navigators.
Jairo Ibarra
,
September 23, 2024
NormanMax buys parametric specialist New Paradigm
Both businesses are led by former Universal Insurance Holdings CEO Bradley Meier.
Samuel Casey
,
June 13, 2024
K2 Parametric strikes capacity deal with Palms Insurance
The partnership will increase K2's capacity for US hurricane and earthquake exposure.
Danielle Ling
,
May 07, 2024
Arbol raises $60mn in Series B co-led by Giant and Opera Tech Ventures
The company raised $7mn in a Series A in January 2021.
Kyoung-son Song
,
April 30, 2024
Marsh McLennan launches global alternative risk solutions practice
The practice aligns existing capabilities from Marsh Specialty and others.
Shelby Rosenberg
,
April 25, 2024
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