COVID-19’s economic losses have revealed a vast protection gap. Traditional approaches to re/insurance can be time-consuming and resource-intensive. The resulting claim lifecycle becomes an existential challenge for insureds. A new and fast approach to risk transfer is crucial to reliable and meaningful risk transfer.
A new, innovative, and independent approach to pandemic parametric covers could help close the protection gap – and increase the velocity of capital when insureds need it most. Download Pandemic Parametric to learn how you can use pandemic parametric ILWs triggered on PCS to improve speed, reliability, and predictability.