Once seen as a niche tool for specialized risks, parametric insurance is accelerating into the mainstream insurance market, driven by rising climate volatility, better data, and a growing appetite for clear, fast-payout protection.
That was the consensus among senior underwriting and technology leaders speaking at the Insurance Innovators Summit 2025 in London this week. During a panel discussion about climate risks and long-term insurability, they described parametric as a now-maturing solution reshaping insurance product design.
FULL ORIGINAL PUBLICATION HERE