shutterstock_1489015757
15 July 2024Insurance

Parametrix lands $50m cloud coverage for US retail chain

Parametrix, a managing general agent (MGA) and Lloyd’s Coverholder that underwrites parametric insurance against outages of the cloud, has secured $50 million parametric cloud coverage for a US retail chain.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
21 August 2026   Fast-growth cat-heavy homeowners spells massive reinsurance consumption.
Insurance
21 August 2026   Space launch included as broker boosts capabilities for US clients.
Insurance
21 August 2026   One model halted, another withdrawn; eight weeks later, the show goes on.