Digital Insurance Focus Parametrix specializes in providing innovative parametric insurance solutions for digital business interruptions, particularly targeting cloud outages, SaaS disruptions, and internal system failures, making it a vital partner for companies reliant on digital infrastructure.

Recent Recognitions and Partnerships The company has been recognized as a finalist for the Cyber Insurance Awards Europe and has formed strategic partnerships, such as with Cyber Monitoring Centre, indicating a strong market reputation and expanding client engagement opportunities in cloud outage risk management.

Financial Growth Opportunities With a recent infusion of $50M in funding and the launch of new services like cloud risk modeling and Parametrix Analytics, there is significant growth potential to expand outreach to insurers and large corporations seeking state-of-the-art digital risk solutions.

Innovative Product Portfolio Parametrix offers proprietary analytics and structured insurance products such as catastrophe bonds, enabling clients to effectively transfer complex cyber and cloud outage risks, presenting opportunities for insurers and reinsurers looking to enhance their digital coverage offerings.

Market Positioning As a Lloyd’s Coverholder backed by major global insurers, Parametrix is well-positioned to leverage its technological expertise and innovative products to attract digital-first businesses and insurers seeking to modernize their cyber and technology interruption portfolios.