Centro de Documentacion de Fundación MAPFRE - How parametric products could impact traditional insurance

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How parametric products could impact traditional insurance / Doug Carsley

Sumario: What if insurance carriers knew when a qualified loss occurred and issued payment to policyholders right when they need it most, hassle-free? Is it too futuristic to be realistic? No. In fact, parametric insurance products do just that. Insurers are increasingly leap-frogging traditional products with new approaches to avoid substantial processing costs and keep claims cycles short and efficient. The result has been the emergence of parametric insurance policies that payout specified amounts on notification of a loss

En: Property Casualty 360º. - July, 2020 ; 6 p

1. Mercado de seguros . 2. Seguros paramétricos . 3. Perspectivas del seguro . 4. Productos de seguros . 5. Empresas de seguros . I. Título.