Lockton Re to develop new parametric products with Verisk crop modelsLockton Re has announced a partnership with Verisk to use its risk models for agriculture (re)insurance, including developing new parametric products.
Peru earthquake triggers parametric payout on Lockton programA parametric insurance policy placed by Lockton was triggered by a 7.2 magnitude earthquake off the coast of southern Peru on 28 June 2024, Parametric Insurer understands.