Press Release
February 12, 2024

Parametrix Awarded Cyber InsurTech of the Year

We are honored to take home Cyber InsurTech of the Year at Intelligent Insurer’s Cyber Insurance Awards Europe 2024.

LONDON — February 12, 2024— Parametrix won Cyber InsurTech of the Year at the Cyber Insurance Awards 2024, held by Intelligent Insurer last week, for our innovation  and contribution to the cyber insurance market! 

The judges said: “Parametrix has succeeded in quickly creating a fully comprehensive, compelling and innovative solution which not only carefully considers essential friction points like it being easy to claim, but also has the potential to make a big difference to aggregation and risk.”

We’re delighted to be recognized for our dedication to helping businesses and the insurance industry grow sustainably by providing precision cloud-risk analysis, modeling, and transfer. We will continue to invest in our products, to stay ahead of the rapid evolution of the cloud. 

Congratulations to all the nominees and winners for their exceptional contributions to the cyber insurance industry, and special thanks to Intelligent Insurer for hosting an inspiring evening.

About Parametrix

Parametrix, the leading provider of cloud monitoring, modeling, and insurance services, is a Managing General Agent and Lloyd’s Coverholder based out of New York that underwrites parametric insurance against digital supply chain interruption. Parametrix uses proprietary technology to continuously monitor the performance of a variety of third-party IT services across the globe, and to collect granular data on service interruptions. It uses that data to assess risk, provide instant insurance quotations, and to streamline claims payments, which are delivered within days. Parametrix policies are backed by major A-rated global insurers.