In the News

Parametrix Hires Tresa Stephens to lead US Underwriting Team

AIG Expands Cyber Offering to Help Manage Cloud Outage Risks

New analysis from CMC and Parametrix provides insights into the UK’s growing reliance on cloud services

Cumulus Re cat bond renews 75% larger

Critical Cloud Outage Events Down in 2025, But Outage Risk Remains Significant

Parametrix New White Paper: SLA Exposure Impact on Data Center Financing & Investing

Parametrix Hires Three New Specialists

Parametrix Appoints Kerri Colwell as Director of Digital Infrastructure Practice

Parametrix Introduces New Cyber Solution with Embedded Parametric BI Coverage

Parametrix $27M Series B to Scale Insurance for New Era of Cyber & Data Center Solutions

AWS Outage - Parametrix Policyholders Already Paid

Parametrix Hires Sandy Perdiguerra

Lockton and Parametrix Partner on SLA Insurance for Data Centers

New Insurance Program for Endpoint Failures

SLA Insurance Offers Financing Perks for Data Centers

Cumulus Re Cat Bond Renews

“Critical” cloud service outages up by nearly one fifth in 2024

New Parametric Performance Guarantee

Parametric Enterprise Solutions for Digital Interruption

CMC partners with Parametrix Analytics

Geographical Diversification Reduces Systemic Cyber Risk

CrowdStrike to Cost Fortune 500 $5.4b; Insured Loss Range of $0.54b - $1.08b

“More Realistic” Cloud Outage RDS for Lloyd’s Outlined by Parametrix Analytics

Cloud Outage Severity Up Dramatically in 2023, Frequency also Greater

Parametrix Analytics Launched for Cloud Risk Modeling

First-Ever Cloud Outage Catastrophe Bond Issued

Parametrix Expands Monitoring Capabilities to AI Services like ChatGPT

Parametrix Awarded Cyber InsurTech of the Year

Fortune 500 vulnerable to cloud risks, could suffer losses over $20 billion

23% of companies say downtime costs them $500K+ per hour

Cloud Outage is the next risk class primed for ILS risk transfer

Cloud Insurer Parametrix to Pay Claims after MS Azure Outage

Parametrix strengthens its US operations with extended reinsurance capacity

Parametrix listed in Sønr Insurtech 100 for year 2022

NU PropertyCasualty360 2022 Risk Management Innovation Honorees

Parametrix wins Finovate's "Best Insurtech Solution" award for 2022

Gartner on Emerging Tech of Cloud Downtime

415 Research: Parametrix Insurance leverages tech to insure cloud outages

The Wall Street Journal on the crypto industry's new approach to insurance

Parametrix and IMA Partner to Expand Distribution of Cloud Downtime Insurance

Protocol publishes feature on Parametrix

Introducing Cloud Downtime Insurance for Crypto

Parametrix Appoints Rick Wong as Head of Insurance

Parametrix featured on the Wall Street Journal

Parametrix and Leavitt Group team up to help companies mitigate cloud downtime risk

Parametrix, Founder Shield join forces to protect business from cloud downtime

Parametrix adds four new members to executive team

Parametrix and Socius partner to bring cloud downtime insurance to the market

Down, but not out: Parametrix ensuring uptime glitches aren’t destructive

Parametrix cloud downtime cover: closing the protection gap for clients

ELEMENT and Parametrix launch innovative cloud outage insurance in Europe

Parametrix wins 2021 Business Insurance Innovation Award

Sompo signs strategic collaboration with Parametrix to insure e-commerce stores

Parametrix announces new partnership with TechAssure

(TechCrunch) Parametrix Insurance raises $17.5 Million for cloud downtime insurance

FirstMark Capital leads $17.5M round for Parametrix

INSUREtrust and Parametrix bring IT Downtime Insurance to Emerging Risks Network

Podcast: Co-founder & CTO about parametric downtime insurance

InsTech London: Parametric insurance – 2021 outlook and the companies to watch

Lloyd’s launches biz interruption insurance policy for SMEs

Parametrix listed in the 2020 Insurtech 100

Zurich announces Parametrix as UK finalist for global innovation prize