Shutterstock.com_1242339460/Dave Primov
7 August 2026Insurance

Willis launches first-of-its-kind Caribbean coral reef parametric insurance pilot

Willis, a WTW company, has launched a parametric insurance programme with the Caribbean Biodiversity Fund (CBF) to protect coral reefs across four Caribbean countries, introducing what the partners describe as the first Dynamic Cat-in-Circle policy structure for reef protection.

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