Parametric insurance specialist Yokahu has launched cat-risk.com, an independent parametric exchange for the London re/insurance market. According to Yokahu, cat-risk.com connects brokers, carriers, and data providers to streamline parametric…
Lloyd’s coverholder and a parametric re/insurance solutions provider, NormanMax Insurance Solutions (NMIS), has expanded its NMIS Parametric Insurance Platform and Broker Portal to include commercial risks in Puerto Rico.Benefits…
IntroductionParametric weather insurtech Vortex Insurance has expanded its hurricane insurance program to provide supplemental coverage for all hurricane categories (1-5). This includes fast, automatic payouts, and zero deductibles for…
WRMS and WFP Launch Iraq's First Parametric Insurance Schemes In a pioneering effort to shield smallholder farmers and micro-entrepreneurs in Iraq from the devastating impacts of climate change, Weather…
Introduction to Iraq's Parametric Insurance Schemes In a groundbreaking move, Weather Risk Management Services (WRMS) and the United Nations World Food Programme (WFP) have launched Iraq's first-ever parametric insurance…
Texas-based climate-focused insurer, Adaptive Insurance, has successfully garnered $5 million in seed funding. The round was spearheaded by Congruent Ventures, with significant contributions from Montauk Climate, the American division…
The Impact of Natural Coastal Habitats on Insurance Losses in Florida According to a recent report from the Swiss Re Institute, natural coastal habitats like coral reefs, mangrove swamps,…
