Your same trusted cyber and tech E&O policies, now with full parametric business interruption coverage
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Customized policy coverage
Coverage is tailored to each client, including customizable daily BI loss amounts.
Outage activates BI coverage
A first-party or third-party BI outage occurs, triggering the policy payout
Quick hassle-free payout
Pre-agreed claims payout amount is guaranteed within 25 days
Harness the power of parametric insurance to strengthen resilience,
enhance stability, and powering performance.
Swift payout on claims
Quick payouts help minimize the impact of a system interruptions on revenue, customer satisfaction, and business continuity.
Short waiting periods
Short waiting periods enable you to recover more quickly from a system interruption.
Zero cash deductibles
No retention or deductible is required, allowing complete financial recovery from a system interruption event.
Easy claims adjustment
An outage itself triggers claims of fixed amounts, so no assessment of losses is required to receive rapid compensation.
Same cyber BI trigger
Uses the same trigger as traditional cyber business interruption coverage, delivering broader, simplified, and more transparent protection.
No restriction on fund use
No restriction on use of funds gives you the flexibility to allocate resources where needed most after a cloud outage.
"As a risk manager with years of experience, I know firsthand that BI risk can be tough to quantify and claim for. That's why I was thrilled to find Parametrix's coverage, which offers a real solution. It's exactly what I've been looking for."
Digital Marketplace, $1.8b+ rev
"Parametrix was dedicated to making sure my claim experience was seamless and hassle-free. They've consistently proven themselves to be a reliable and trustworthy partner, demonstrating their commitment to delivering on their promises."
Cybersecurity, $100m+ rev
Parametrix’s Reports
Download Parametrix's exclusive content for deeper insights into cloud outages and other downtime risks.
Frequently Asked Questions
Find out everything you need to know about our company, policies, cloud coverage and more.
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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