Adam first saw the potential of parametric (or ‘event-based’) insurance while working at RMS, the world’s largest catastrophe modelling firm. Whilst there, he met FloodFlash co-founder Ian. Together they structured and modelled triggers on over $2bn of parametric insurance products and catastrophe bonds to protect governments and large corporations in the US and around the world. They are now using those same principals on FloodFlash, a scalable platform that uses IoT technology and a cloud-based underwriting platform to provide rapid-payout insurance to those that need it most.