The cyber and tech E&O coverage you rely on, now upgraded with full parametric business interruption protection.
Parametrix is redefining the cyber insurance market.
Parametrix CyberPMX advances traditional cyber coverage with parametric-enhanced business interruption, strengthening protection without sacrificing the integrity of a comprehensive offering.
Trusted solution across the market, our policies are supported by ‘A’ rated carriers with Financial Size XV, delivering the financial strength and reliability clients expect.
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Coverage for data breaches, privacy liability, network security failures and system failure, ransomware events, incident response costs, business interruption, regulatory obligations, e-media, and cyber crime including social engineering
Includes Tech E&O for service performance failures
Parametric Daily BI limit set in advance and customized to the specific risk profile
Waiting periods start at 4 hours
Limits up to $15M
Combines full cyber coverage with rapid, trigger-driven business interruption payments for a stronger, more predictable response
Download the info sheet
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Follow-form excess with an optional BI Advance enhancement
Greater flexibility in how limits are deployed at the time of claim
Pre-determined Daily BI Advance limit
A separate time retention applicable specifically to this excess layer.
Limits up to $15M
Download the info sheet
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Simple insurance structure built to solve complex risk.
STEP 1
Pre-determined Daily BI limit
for transparent and predictable recovery.
STEP 2
Following a covered event, Daily BI coverage activates as soon as the required terms are satisfied.
STEP 3
Quick, hassle-free BI payouts that provide clients with clear, dependable support.
A parametric approach to quantifying, managing, and transfering exposure to technology downtime and digital infrastucture risk. Parametrix is a Lloyd's Coverholder whose policies are backed by major A-rated global insurers.
The products and services referred to on this website are available only in the jurisdictions in which we are licensed to transact insurance business. Nothing on this website shall be construed as an offer or solicitation to purchase insurance in any other jurisdiction. The availability, terms, and conditions of such products and services may vary by jurisdiction. The list of licenses held by Parametrix Insurance Services LLC as an insurance producer and surplus lines broker in the US states can be viewed on our license page. Parametrix provides insurance products in connection with potential downtime on services represented by brands which this website displays. Parametrix is not affiliated to, associated with, or sponsored by the owners of these brands.
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