3min chapter

InsTech - insurance & innovation with Matthew Grant cover image

Peter Lacovara: Head of Commercial, Floodbase: Making parametric flood insurance possible (252)

InsTech - insurance & innovation with Matthew Grant

CHAPTER

The Challenges of Parametric Hurricane Insurance

Flood base allows insurers to offer a cover that can both respond to wind, but it can also respond to flooding. Most of the more recent hurricanes have largely been flood events. They've not really been wind events. And so we're still building parametric wind covers, which in many cases, Wind is still an important part of the puzzle.

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