Parametrix enables 70% of the top 20 broker agencies to provide downtime insurance to their clients.

We complement your clients’ existing coverages by filling a critical protection gap. Our product can act as a standalone policy or an add-on to your existing cyber or business interruption policy.
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The must have coverage for your clients; zero complexity for you

Instant
quote

Select the cloud service provider and choose the desired limit.

Simplicity
itself

Straightforward and transparent policy terms and triggers.

Wide range
of limits

We offer policy limits between $50K - $50M.

Flexible
coverage

Waiting periods, payment thresholds, triggers and coverage limits can be adjusted.

Bespoke
policies

For large or complex risks, tailored policies are available.

Grow
commissions

Effortless upsell existing clients with simple, essential coverage.

Cloud insurance fit

for

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purpose.

15-day payout on claims

We provide quick claims payments that accelerate your clients’ recovery processby promptly addressing the impacts of a cloud-outage event.

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Short waiting periods

Parametrix policies offer short waiting periods, so your clients can address any unexpected losses from a cloud disruption without delay.

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Zero cash deductibles
Under a Parametrix policy, no retention or deductible is required, so your clients are assured of complete financial recovery from a cloud-outage event.
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No claims adjusting
An outage itself triggers claims of fixed amounts, so no assessment of your clients’ losses is required before they receive rapid compensation.
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Coverage for any loss
Parametrix policies provide financial protection against all potential risks and damages, ensuring that your clients have the broadest coverage available.
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Fact: 93% of cloud outages are not covered under traditional cyber insurance.

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More coverage for your clients
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minimizing complexity for you

Here's
what our
customers
say.

"I've never encountered such a smooth and effortless claim with an insurance provider. After a cloud outage event we experienced, the Parametrix team notified us that they detected the outage, and the pre-agreed terms were paid in full within a few days."

CFO, OpenWeb

Haim Sasson

"Downtime is inevitable. We see the Parametrix solution as an important component of our reliability strategy, allowing us to make infrastructure investments while maintaining an excellent customer experience for our learners."

Fabio Lessa, Duolingo

Sr. Director Engineering

"As a risk manager with years of experience, I know firsthand that BI risk can be tough to quantify and claim for. That's why I was thrilled to find Parametrix's coverage, which offers a real solution. It's exactly what I've been looking for."

Digital Marketplace, $1.8B + Rev

Sr Director Insurance

"Parametrix was dedicated to making sure my claim experience was seamless and hassle-free. They've consistently proven themselves to be a reliable and trustworthy partner, demonstrating their commitment to delivering on their promises."

Cyber Security $100M+ rev

Principal Engineer

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