Sometimes it helps when others make the case for you. And we just got covered by the Wall Street Journal.
“Parametrix sells insurance specifically to mitigate the risks of downtime events, compensating businesses for any losses, including lost revenue and the cost of recovery, when their cloud-computing provider or cloud-based applications service goes down.”
Read the full story here.
About Parametrix
Parametrix is the leading provider of digital infrastructure insurance, protecting organizations against downtime across cloud, AI, SaaS and data center ecosystems. Leveraging a proprietary network of monitoring systems, they collect and analyze billions of data points on the performance and availability of critical infrastructure, enabling real-time underwriting and claims automation. Parametrix’s solutions help businesses, data center stakeholders, and (re)insurers to quantify, manage, and transfer the financial risks of downtime with unmatched precision. The company 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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