For brokers

Bring an exposure that can be tied to an independent, measurable parameter, where there is a clear need for speed of payment and reasonable data history to build a robust trigger. Send the exposure, location, the cover sought and any data you hold.

We will tell you quickly whether parametric fits and outline an indicative structure. Pricing, trigger design and capacity sit in one place, so terms come back from a single conversation rather than a chain of them.

Our placements are backed by A rated reinsurance markets, and a risk can be routed through a regulated Guernsey cell or placed direct with cedents, whichever fits the transaction. Pricing, structuring and risk transfer sit in one place, so terms come back from a single conversation.

Yes. Parametric is most often used alongside traditional indemnity cover rather than instead of it, filling deductibles, exclusions and the revenue and non damage losses an indemnity policy will not respond to. It can also put usable cash in place while a conventional claim is still being adjusted.

We start from the exposure, identify an independent parameter that tracks it, then set the measurement point, the threshold and the payout scale. Every proposed trigger is back tested across the historical record so you can see how it would have paid in past events before you commit.

Basis risk is the gap between what a parametric policy pays and the loss you actually suffer, because the payout follows a measurement rather than an assessment. We manage it through careful choice of measurement point and threshold, dual triggers where they tighten the link to the exposure, and calibration against historical events. Residual basis risk is disclosed rather than hidden.