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Parametric Flood Insurance
2021-08-10

Parametric Flood Insurance

As one of the most frequent and severe natural hazards, flood risk is increasingly challenging to insure – leaving many businesses unprotected.

 

The growing accumulation of assets in floodplains and coastal zones, combined with the expected impact from climate change on rainfall patterns and sea levels will increase future losses, imposing greater risk on communities, businesses and infrastructure.

New insurance solutions, such as parametric insurance, are needed to better protect governments, companies and populations from flood hazards.

Click the link below to download our latest report on how parametric flood insurance can fill coverage gaps often left by the traditional market, with a focus on flood risk in the UK, Australia and North America.