September 10, 2020 Parametric insurance pays out when a pre-defined event occurs as measured by a specified figure, figures, or index. It has traditionally been used in agriculture and by insurance companies to cover natural catastrophes, including hurricanes, cyclones, and earthquakes (think CAT bonds). Parametric insurance has obvious advantages during a pandemic when agents and adjusters can’t travel, but insurers are under heightened pressure to continue to do business, to write new policies, and to settle claims expeditiously. With parametric …
Tag: BlackFin
BlackFin Capital Partners is a venture capital and private equity firm specializing in financial services investments across Europe, with offices in Paris, Brussels, and Frankfurt. The firm manages two buyout funds and recently closed its first …