Parametric Insurance – A Powerful Solution for Risk Management

The session will focus on highlighting the key aspects, including the benefits of rapid, transparent payouts versus the challenge of basis risk. The presentation will detail the pricing methodologies, explore key selling points and how parametric insurance can be strategically used in a risk management framework.

Practical use cases will be presented with a specific focus in developing countries. These examples will demonstrate how parametric solutions could effectively mitigate the protection gap, offering vital financial resilience to smallholder farmers and governments against natural disasters.