Parametrix listed in the 2020 Insurtech 100

May 20, 2020

The Insurtech 100 is a celebration of the leading startups and scaleups across insurance, worldwide – the companies rethinking today’s products, services and business models. The index is drawn from the 1.5 million start and scaleups, globally, that are tracked by Sønr. Against this data set, we apply sophisticated analysis, evaluation and modeling of millions of data points, to create our Sønr Index – a simple score to determine their propensity for success.

It is this Sønr Index that allows us to select the top 100 to share with you – those tasked with strengthening their organisations through transformation and innovation. This is the only index of its kind and the very nature of ranking companies like this stimulates some great debate. The majority of the 100 is made up of established insurtechs, with proven market traction. It does also include a number of earlier stage businesses, some of which you may be less familiar with. Their inclusion is, in the most part, down to a combination of a particularly strong founding teams and a well-executed, albeit immature, product aligned to huge growth opportunity.

Read the full article here.

About Parametrix

Parametrix, the leading provider of digital business interruption solutions, specializes in parametric insurance that protects against the financial cost of technology and digital infrastructure downtime. Leveraging a proprietary network of monitoring systems, we collect and analyze real-time, granular data on the performance and availability of critical infrastructure— including data centers, SaaS providers, and cloud services— to accurately assess risk and deliver fast, transparent claims payments. Our solutions enable businesses, data center stakeholders, and (re)insurers to quantify, manage, and transfer the financial risks of downtime with unmatched precision. Parametrix is a Managing General Agent and Lloyd’s Coverholder, with policies backed by major A-rated global insurers, and is headquartered in New York.

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