Global Parametrics launches first parametric insurance for landslides
Posted On: Sep. 29, 2021 9:39 AM CSTU.K.-based disaster risk-transfer firm Global Parametrics Holding Co. Ltd. has developed the world’s first parametric urban landslide insurance for Colombia’s Manizales area, Artemis reported. The new risk-transfer product was developed in partnership with Mexico-based catastrophe risk modeler E.RN and disaster risk management firm Ingeniar.