Covid-19 accelerates need for parametric insurance model says InsTech London
With a second lockdown on the horizon, InsTech London is predicting that parametric insurance could plug the insurance protection gap for individuals and businesses
The Covid-19 pandemic has highlighted the need for a parametric insurance model.
A parametric insurance model can cater to unconventional risks where traditional insurance policies may fall short.
This is according to a report ‘Parametric Insurance 2021 Outlook and the Companies to Watch’ released by InsTech London today.
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