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: Paris
Identifying complex fraud schemes in siloed data using relational technology can be a long, tedious, and sometimes unsuccessful process. But software from Linkurious makes dependencies and relationships between large amounts of data quickly and visually identifiable, freeing …
BNP Paribas Cardif is the insurance subsidiary of Paris-based banking giant BNP Paribas. BNP Paribas Cardif provides both savings and protection products, is a world leader in both bancassurance partnerships and credit insurance, serves more than 100 …
Verification of customers and counterparties is vital in financial services. Identity defines and permits the relationship between financial services providers and their clients. But, according to the World Economic Forum: “Current identity systems are limiting Fintech …