Program partners & launches

Rokstone launches parametric nat cat facility with NormanMax

Aventum Group-owned MGA Rokstone has launched a global parametric offering for natural catastrophe risks backed by NormanMax Syndicate 3939.

Amwins and Floodbase launch parametric flood insurance program for California municipalities

Broker Amwins and parametric flood data company Floodbase have announced a flood insurance program for California’s public sector, with some policies already bound.

FloodFlash expands parametric flood product across US mainland

Parametric MGA FloodFlash has extended its product offering to cover the entire US mainland after expanding its binder with Munich Re Specialty’s syndicate.

K2 Parametric secures Palms Specialty capacity for US nat cat exposures

K2 Insurance Services’ parametric MGA has agreed a capacity relationship with Palms Specialty for US earthquake and hurricane risks.

Ag Guard and Floodbase partner on flood parametric programs in ANZ

BP Marsh-backed crop and farm underwriting agency Ag Guard has partnered with flood risk data provider Floodbase to develop and distribute parametric flood insurance programs across Australia and New Zealand.

Descartes and ICEYE partner on parametric flood risk solution

French climate risk insurtech Descartes Underwriting has partnered with Lloyd’s Lab participant ICEYE to develop a parametric insurance product for flood.