Long seen as a niche innovation, parametric insurance is fast becoming a mainstream financial risk transfer solution with compelling benefits for insurers, corporates, and governments alike. This session will showcase how parametric products are being deployed across climate, natural catastrophe, and specialty risks, from hurricane protection for coastal municipalities to drought cover for farmers, and even event cancellation and travel. Through real-world case studies, we’ll demystify common misconceptions, contrast parametric with traditional indemnity products, and reveal how these solutions offer speed, transparency, and resilience in the face of increasingly complex risks.

Participants will gain a clearer understanding of the wide range of use cases, structures, and geographies where parametrics are adding value and why they deserve a central place in the Insurance 2.0 toolkit.