Global Parametrics

Global Parametrics, the parametric and index-based disaster risk transfer company, is putting capacity from the Natural Disaster Fund (NDF) that it manages behind a new weather insurance pilot for coffee farmers in Costa Rica that is powered by Arbol’s technology and smart contract driven marketplace for weather risk transfer.

Global Parametrics, the parametric and index-based disaster risk transfer company, has launched a new natural catastrophe focused investment fund that has received backing from global reinsurance firm Hannover Re and the German government.

Global Parametrics, the parametric and index-based disaster risk transfer company that launched with the backing of the UK and German governments, has added a new senior non-executive director to its board.

Global Parametrics, the parametric and index-based risk transfer company that launched with the backing of the UK and German governments, will utilise one of the world’s fastest computers to enhance its climate and seismic risk models and help it develop products.

Global Parametrics, the parametric and index-based risk transfer start-up backed by the UK and German governments, is set to receive a seed investment in its insurance-linked Natural Disaster Fund from the UK government’s Department for International Development (DFID).

Global Parametrics, a parametric and index-based risk transfer start-up that’s backed by the UK and German governments, has launched a new climate insurance initiative, targeting African and Asian smallholder farmers, alongside VisionFund International, World Vision’s microfinance arm.

VisionFund International, a division of global charity World Vision that oversees the entity’s microinsurance operations, is targeting parametric insurance and risk transfer as a way to back its innovative recovery lending programme.

Global Parametrics, the parametric and index-based risk transfer start-up that is backed by the German Government, through its development finance bank KfW, the Climate Insurance Fund and the UK Government’s Department for International Development (DFID), has appointed a new Chairperson, Nina Shapiro.

Global Parametrics, the parametric and index-based risk transfer start-up has secured the rest of its initial financing round, with a £7.9 million investment from the UK Government’s Department for International Development (DFID).

Global Parametrics, the recently launched start-up that aims to sell parametric and index-based risk transfer to organisations which are largely unprotected today, has hired Hector Ibarra, previously of the World Bank, as its Chief Executive Officer (CEO).