Why Parametric Insurance Is Surging After Years of Catastrophic Storms
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After years of devastating hurricanes and rising uninsured losses, parametric insurance is gaining momentum by giving businesses and public entities fast, flexible payouts that traditional property coverage often can’t provide. Carrier Management Deputy Editor Elizabeth Blosfield talks with Megan Linkin of Swiss Re Corporate Solutions about this evolving approach to risk management and why interest in parametric coverage is accelerating.