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Parametric Insurance

Parametric cover provides scalable protection by triggering swift payouts based on predefined event parameters.

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What we offer

Parametric policies pay out when an event parameter meets or exceeds a pre-defined value, and the insured incurs a financial loss. 

Coverage benefits 

  • Transparent loss settlements: payout is determined by physical parameters as provided by an independent 3rd party
  • Proof of loss: requires only confirmation of loss amount
  • Quick payouts: within 30 days of an event
  • Flexible structures: can be tailored to meet specific customer needs

How we can help

As property risks grow more complex in an era of accelerating risk, parametric insurance solutions offer businesses a valuable combination of immediacy, certainty, and capacity. 

Unlike traditional policies, parametric cover provides scalable protection by triggering swift payouts based on predefined events, enabling faster recovery and reducing ambiguity when it matters most – an increasingly recognised advantage for CFOs seeking financial resilience and operational clarity.

Who we can help

We offer capacity to insureds committed to effective risk management, investing in engineering and safety, and seeking long-term relationships. Our target sectors include: 

  • Public entity   
  • Technology 
  • Hospitality 
  • Energy / Utility 
  • Manufacturing 
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WHERE IS THIS OFFERED?

Companies domiciled in US, Japan, Singapore, Europe, Mexico, Bermuda and the Caribbean

Your Beazley Team

Stefan Wunderlich

Headshot of Stefan Wunderlich

Stefan Wunderlich

Head of Parametric Insurance

Zurich

+41 44 200 77 93

Email Stefan