VIRTUAL: fastTrack - Parametric Insurance

Register here for this live-streamed event:

Today, organizations around the world are faced with navigating increasingly complex and extraordinary challenges which are creating a backdrop of uncertainty that continues to drive change.
Amidst extreme volatility, many are seeking solutions that help to alleviate some of these pressures, provide peace of mind and build some much-needed confidence. With a corporate landscape increasingly shifting from physical to intangible assets as well as ever more interconnected supply chains, conventional insurance programs often fail to protect businesses adequately, leaving painful gaps in cover.
It is within this context that attention is increasingly turning towards parametric or “index-based” insurance solutions. These innovative solutions are event-driven and work based on pre-agreed triggers or parameters, offering a simple complement to the gaps left by traditional insurance for secondary perils.
No longer are these niche or exotic products. As the risk landscape continues to evolve at an alarming speed, parametric insurance offers a means of covering those risks that are difficult to insure – an opportunity that many businesses are now grasping with both hands.

By the end of the session, you will be able to:

Understand how parametric covers differ from traditional indemnity-based insurance
What different types of parametric solutions exist?
What businesses and industries are using parametric insurance?
How is the claims process is different for parametric insurance compared to traditional insurance?

Speakers:
Marco Adamo, Senior Structurer, Innovative Risk Solutions, EMEA, Swiss Re Corporate Solutions
Martin Hotz, Head Parametric Nat Cat, Swiss Re Corporate Solutions