Parametrix
New York, United States (US) ยท Information Technology
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#insurtech
#insurance
#cloud insurance
#cyber insurance
#parametric insurance
#business interruption insurance
#risk management
#cloud outage
#systemic risks
#cyber risks
Overview
Parametrix is the leading provider of parametric insurance for digital business interruption (BI). Our solutions protect against the financial cost of digital infrastructure and technology downtime- covering everything from third-party SaaS disruptions, SLA breaches, cloud outages, to internal system failures.
๐๐ฎ๐๐ฎ ๐๐ฒ๐ป๐๐ฒ๐ฟ ๐ฆ๐๐ ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ
Parametrixโs SLA Insurance eliminates performance-driven cash flow volatility, bridging the gap between colocation and triple-net risk profiles. Coverage mirrors lease SLA terms and pays out when performance thresholds are breached. By turning uptime exposure into a predictable, insurable outcome, SLA Insurance enables investors, lenders, and operators to treat data centers as stable, institutional-grade assets with reliable returns and enhanced long-term value.
๐๐๐ฏ๐ฒ๐ฟ ๐ฎ๐ป๐ฑ ๐ง๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ ๐&๐ข ๐๐ป๐๐๐ฟ๐ฎ๐ป๐ฐ๐ฒ
Parametrixโs Cyber and Tech E&O policies combine traditional cyber coverage with enhanced parametric BI coverage embedded in the policy. This feature delivers fast, pre-agreed payouts triggered by clearly defined BI events like cloud services, SaaS providers, payment gateways, CRMs, and others in the insuredโs digital supply chain.
๐๐ป๐๐ฒ๐ฟ๐ฝ๐ฟ๐ถ๐๐ฒ ๐ฅ๐ถ๐๐ธ ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐
Tailored parametric BI products designed to.protect businesses against system interruptions and technology performance failures.These standalone products cover both first-party and third-party losses and are designed as a foundation for performance warranties and uptime-based guarantees.
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.
Contact Details
info@parametrixinsurance.com
New York, United States (US), 419 Park Ave S
Founded
2019
Employees
20-30
Keywords
#insurtech
#insurance
#cloud insurance
#cyber insurance
#parametric insurance
#business interruption insurance
#risk management
#cloud outage
#systemic risks
#cyber risks
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