Re-educating brokers: parametric insurance as a solution for BI

By Clare Ruel2020-08-19T07:24:00

FloodFlash’s co-founder Adam Rimmer tells Insurance Times why re-educating brokers is a challenge if the parametric model is going to be applied to business interruption insurance, but nonetheless it is a positive move. The insurtech is a finalist in both the Claims Excellence Awards and the Technology & Innovation Awards ...

Re-educating brokers is a key challenge if a parametric model is going to be applied to business interruption insurance for SMEs.

According to insurtech MGA FloodFlash’s co-founder, Adam Rimmer, the longer a broker has worked in the insurance industry, the more difficult it is for them to grasp.

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