Parametric cover shaped around your industry
We start from the exposures specific to your sector, then build the cover.
Every sector below has a dedicated page setting out the exposures, where parametric helps and the perils behind it.
Every industry carries its own pattern of risk, and the exposures that decide a farmer's year are not the ones that keep an energy operator or a logistics manager awake at night. Trigger structures parametric cover around the specific risks each sector faces, from the weather that decides a harvest to the catastrophe that halts a supply chain. Because our cover pays on independent data rather than a slow claim, it reaches the revenue, margin and continuity risks that conventional insurance often leaves uncovered, and it settles in days, when a business needs funds most.
We work across nine sectors. In agriculture, parametric cover protects revenue against drought, frost, hail and flood. In energy, it protects generation and cashflow against weather and catastrophe, and is especially valuable for renewables. In construction, it covers the cost of weather delay and catastrophe on site. In hospitality, it protects seasonal revenue against storms, poor seasons and disruption. In transport, it covers disruption at the nodes a network depends on. In the public sector, it funds rapid disaster response. In food, it protects margin against weather driven supply and price risk. In financial services, it hedges loan books and portfolios against correlated catastrophe risk. And in supply chain, it protects against disruption at critical suppliers and routes, including where there is no damage to your own premises.
Whatever the sector, the approach is the same. We identify the measurable, time sensitive exposures that would change the outcome for your business, design a trigger around independent data, and test it against history so you can see how it would have performed before you commit, as set out in our guide to how parametric insurance works. Explore the sector most relevant to you, or talk to us about a risk that spans several. If you are new to parametric cover, our guides explain how it works, and our solution lines set out the perils we cover across catastrophe, weather, specialty and commodity risk.