Even taking the low estimate for losses and high estimate for insurance coverage, we still face $200 billion in uninsured losses from Hurricane Helene. We need to talk.
Hurricanes used to lose most of their power before making it as far inland as western North Carolina. But Helene wreaked havoc there. Future hurricanes may, too.
Historical data offers outdated information. Real-time data keeps you informed of changes to a policyholder’s risk profile, letting you adjust premiums.
Parametric reinsurance offers a new approach to managing the increasing threat of secondary perils, providing much-needed financial protection for insurers.