Perils we cover
Every major weather and catastrophe peril, grouped by line.
Select a peril to see how we structure cover for it, or start with the line it sits under.
Parametric cover, peril by peril. Trigger structures cover for the events that cause sudden, measurable loss, grouped into four solution lines. The principle is the same across all of them: an agreed, independently measured trigger, a set payout, and settlement in days rather than months, because there is no loss to assess.
catastrophe parametric insurance responds to the most severe natural events: earthquake, hurricane, flood, hail and tornado. Weather cover protects revenue against the conditions that decide a season: drought, heatwave, snow, lightning and frost. Specialty cover reaches the hard to place risks the standard market is cutting back: wildfire, volcano and business interruption. And commodity cover protects margin and revenue against price and volume swings in energy, food and agricultural markets.
Each peril page explains what the event costs a business, why traditional cover falls short, how we structure the trigger, the independent data behind it, how we keep basis risk small, and how fast the cover pays. To understand the mechanics first, see our guides, including what is an insurance trigger and how parametric claims are paid. When you are ready, talk to us about the peril that most threatens your operations, or ask about a multi peril or portfolio structure that combines several in one programme.
Frequently asked questions
Which perils can parametric insurance cover?
Trigger writes fifteen perils across four lines. Catastrophe covers earthquake, hurricane, flood, hail and tornado, weather covers drought, heatwave, snow, lightning and frost, specialty covers wildfire, volcano and business interruption, and commodity covers price linked and volumetric exposures.
What is parametric insurance and how does it work?
Parametric insurance pays a set amount when an agreed, independently measured event occurs, rather than reimbursing an assessed loss. The trigger, the data source and the payout are all fixed in the policy in advance. When the data confirms the event, the money is paid, and it is yours to deploy wherever the situation needs it.
How is a parametric trigger designed?
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.
How quickly are parametric claims paid?
Once the independent data confirms the agreed trigger has been met, settlement is typically a matter of days, because there is no loss adjusting to complete. The payout is a set amount fixed in the policy, so there is nothing to survey, negotiate or dispute.
Can several perils be combined in one policy?
Yes. Perils can be combined in a multi peril or portfolio structure rather than bought one at a time, with each trigger defined separately inside the same programme. Talk to us about the perils that most threaten your operations and we will structure them together.
Which reinsurers provide parametric capacity?
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.