In this IIL cyber and technology webinar, Dominick Hoare speaks with Richard Leftley, about the past, present and future of parametric insurance and its application in closing the insurance gaps for millions of people.
There is increasing discussion about parametric insurance and its multifaceted potential, including filling the protection gap, speeding up claims, and providing cover for harder-to-insure risks.
This webinar particularly focuses on its potential around micro-insurance and how this parametric-enabled insurance can offer coverage where carriers struggle to use traditional insurance models. This creates the potential for millions of new personal lines and SME customers and, applied appropriately, is true ‘Insurtech-for-good’.