Parametrix
InsuranceNew York, United States11-50 Employees
Parametrix is the leading provider of parametric insurance for digital business interruption. We help companies and (re)insurers manage the financial impact of technology downtime- covering everything from cloud outages, third-party SaaS disruptions, to internal system failures. ๐ฆ๐๐ ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ ๐ณ๐ผ๐ฟ ๐๐ฎ๐๐ฎ ๐๐ฒ๐ป๐๐ฒ๐ฟ๐ Parametrix's coverage for data centers is designed to protect against performance SLA breaches in critical infrastructure environments. It mirrors lease SLA terms and provides automatic payouts when those terms are breached. This fast, reliable liquidity enables financial transparency, smoother transactions, and efficient asset recycling for stabilized data center assets. ๐ฃ๐ฎ๐ฟ๐ฎ๐บ๐ฒ๐๐ฟ๐ถ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐ฐ๐ Through our analytics division, we equip (re)insurers with proprietary exposure models and tools to map accumulation risk, define realistic downtime scenarios, and structure effective risk transfer strategies. In 2024, Parametrix and Hannover Re issued Cumulus Re, the first-ever parametric catastrophe bond for cloud outages. Weโre making digital systems insurable- bringing clarity, speed, and efficiency to every part of the value chain. Parametrix is a Lloydโs Coverholder, with policies backed by major A-rated global insurers and distributed through leading brokers worldwide.
1-888-653-2347 
support@leadiq.com 
