STORM: Parametric Insurance to close the protection gap
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STORM: Parametric Insurance to close the protection gap
STORM is a flexible and transparent insurance product that allows for fast payouts, within a few weeks, sometimes as fast as ten days. This product is designed to closely mirror what the customer experiences during the storm. Just days after a tropical cyclone makes landfall, we receive a high-resolution wind map. We then find the highest one ...
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Parametric Insurance Explained
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