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Parametrix

Parametric insurance for digital infrastructure and technology downtime.

Insurance
New York, US
40 employees
Founded 2019
2 public signals

About Parametrix

Parametrix is the leading provider of parametric insurance for digital business interruption (BI). Our solutions protect against the financial cost of digital infrastructure and technology downtime- covering everything from third-party SaaS disruptions, SLA breaches, cloud outages, to internal system failures. ๐——๐—ฎ๐˜๐—ฎ ๐—–๐—ฒ๐—ป๐˜๐—ฒ๐—ฟ ๐—ฆ๐—Ÿ๐—” ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ Parametrixโ€™s SLA Insurance eliminates performance-driven cash flow volatility, bridging the gap between colocation and triple-net risk profiles. Coverage mirrors lease SLA terms and pays out when performance thresholds are breached. By turning uptime exposure into a predictable, insurable outcome, SLA Insurance enables investors, lenders, and operators to treat data centers as stable, institutional-grade assets with reliable returns and enhanced long-term value. ๐—–๐˜†๐—ฏ๐—ฒ๐—ฟ ๐—ฎ๐—ป๐—ฑ ๐—ง๐—ฒ๐—ฐ๐—ต๐—ป๐—ผ๐—น๐—ผ๐—ด๐˜† ๐—˜&๐—ข ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ Parametrixโ€™s Cyber and Tech E&O policies combine traditional cyber coverage with enhanced parametric BI coverage embedded in the policy. This feature delivers fast, pre-agreed payouts triggered by clearly defined BI events like cloud services, SaaS providers, payment gateways, CRMs, and others in the insuredโ€™s digital supply chain. ๐—˜๐—ป๐˜๐—ฒ๐—ฟ๐—ฝ๐—ฟ๐—ถ๐˜€๐—ฒ ๐—ฅ๐—ถ๐˜€๐—ธ ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€ Tailored parametric BI products designed to.protect businesses against system interruptions and technology performance failures.These standalone products cover both first-party and third-party losses and are designed as a foundation for performance warranties and uptime-based guarantees. Weโ€™re making digital systems insurable- bringing clarity, speed, and efficiency to every part of the value chain. Parametrix is a Lloydโ€™s Coverholder, with policies backed by major A-rated global insurers and distributed through leading brokers worldwide.

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Signals from Parametrix

2 published signals

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