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Opening The Floodgates on Parametric Insurance

Author
Adam Rimmer, FloodFlash, The National Alliance for Insurance Education & Research, Dustyne Bryant
Published
Wed 20 Sep 2023
Episode Link
https://awkward-insurance.simplecast.com/episodes/opening-the-floodgates-on-parametric-insurance-87jYmE1G

Adam Rimmer first saw the potential of parametric insurance while working at RMS, the world’s largest catastrophe modeling firm. Whilst there, he and co-founder Ian Bartholomew structured and modeled triggers on over $2bn of parametric insurance products and catastrophe bonds to protect governments and large corporations in the US and around the world. They are now using those same principles on a scalable platform. The result is FloodFlash, the first sensor-based parametric flood solution set to provide affordable cover to the businesses, corporations, and communities that need it most. 


Focusing exclusively on risk management and insurance professional development, the Risk & Insurance Education Alliance provides a practical advantage at every career stage, positioning our participants and their clients for confidence and success.

 

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