Instech London Podcast

One of the strengths of using parametric insurance for climate-related perils and events is the ability to offer an immediate payout to policyholders who can’t afford to wait for financial assistance. AXA Climate Underwriter Mia Vioulès and Robert Schablik, Associate Vice President, Head of Global Risk Management Sales at CoreLogic, join Matthew to discuss how the two companies are providing parametric insurance for property damage and business interruption caused by hailstorms. The conversation covers how the technology behind the product works and the pain points being solved by parametric insurance. Talking points include: The data and triggers being used in CoreLogic’s hailstorm model Using parametric to overcome traditional barriers to underwriting hail Educating buyers on the potential of parametric insurance Working with clients and brokers to build appropriate coverage How the AXA Climate School helps clients understand their climate change exposures If you like what you are hearing, please leave us