Parametric Insurance
Insurance mechanism offering fast payouts triggered automatically by predetermined environmental or situational parameters rather than traditional loss assessment.
Source: Development of Innovative Personal Insurance Products and Expanding Population Coverage (Academic research) · p.3
Reports that mention Parametric Insurance
- The Role of the International FinTech Market in Shaping Investment Support for Global Food SecurityAcademic research
- The Impact of Technology and Innovation Trends on the Insurance Value Chain: A Value-Chain Analysis of Digitalization, Machine Intelligence, Blockchain, and Data Ecosystems in InsuranceAcademic research
- Application of InsurTech Technologies in Travel Risk InsuranceAcademic research
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