PARAMETRIC INSURANCE
Our Approach
Our Approach
Our Approach
Parametric (model driven) insurance is increasingly a mainstream insurance product for both sophisticated companies and investors.
Our next generation parametric solution will offer robust resilience to life cycle variations in Life Sciences R&D.
Payouts triggered upon failure or early termination of a Clinical Trial due to missed pre agreed primary protocol endpoints.
Our Solution
Our Approach
Our Approach
Transparent
Clear and straightforward policy wording and terms
Affordable
Competitive when compared to other risk mitigation mechanisms
Customised
Tailored to client individual needs
Efficient
Claims payment made quickly
Our Process
Our Approach
Our Process
Step 1
We design customised cover for our client based on predefined parameters and a pre-agreed indemnity
Step 2
We monitor how the parameters evolve relative to the predetermined exposure framework
Step 3
If triggered, clients are notified and quickly indemnified