Parametrix

Parametrix Adds Eva Kwan, Albert Huang, And Kerri Colwell Amid Cyber And Digital Insurance Demand

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Parametrix has hired three new specialists: Eva Kwan, Albert Huang, and Kerri Colwell, as demand for cyber and digital infrastructure insurance continues to rise. Brokers are dealing with ongoing cyber losses, unexpected technology downtime, and SLA pressures that can quickly impact budgets. Parametrix aims to address these challenges with parametric coverage. Their products link payouts … Read more

Parametrix Estimates $5.4 Billion Loss for US Fortune 500 Companies Due to CrowdStrike Outage

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The recent CrowdStrike outage on July 19 had a ripple effect across a wide range of industries, from airlines to the national organ transplant matching system. In our interconnected world, few can escape its impact. Now, Parametrix provides a detailed look at the financial cost. It’s more than just a ripple. They estimate a total … Read more

Cyber Insurance That Goes Effective in 1 Hour & Covers Losses Immediately — Cloud Downtime Insurance from Parametrix

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“When we identify downtime, we pay out for the customer immediately. Any loss is covered. Unlike traditional insurance where you have to file a claim, in this case, there’s no claim process,” she (co-founder/CTO Neta Rozy) said. Source: Parametrix cloud downtime insurance business is growing – Protocol

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