Parametrix wins 2021 Business Insurance Innovation Award

August 16, 2021

We are delighted to be recognized at this year's Business Insurance Innovation Awards for our Parametric Cloud Downtime Insurance.

In its 12th year, the Business Insurance Innovation Awards recognize leadership, inventiveness and ingenuity in products and services designed for risk management professionals.

Parametrix Insurance, a licensed MGA in the US and Germany, is the leading provider of cloud downtime insurance solutions, ensuring that companies with mission critical services in the cloud can quickly recover financially from downtime events.

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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