Parametrix Insurance Services

Time for a “Parametric Approach” to Cyber Insurance? 

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The growing legal and technical complexities of cyber insurance policies might be addressed by a simpler process. “’In this respect, we see an interesting trend that we definitely follow and promote, [and that is] a parametric approach. Since many of the cyber events are really black and white, I think a clear claim settlement process … Read more

With IT Supply Chain Now Key Focus of Cyber Insurance, Startup Sells Coverage for Cloud Outages 

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“One company, New York-based Parametrix Insurance Services LLC, is targeting businesses hit by a cloud outage. Parametrix sells insurance specifically to mitigate the risks of downtime events, compensating businesses for any losses, including lost revenue and the cost of recovery, when their cloud-computing provider or cloud-based applications service goes down.”

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