From product design to payout
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01 / Design & test
Build the product and understand the economics Configure triggers and payout structures, then test them against historical data before going live
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02 / Launch & activate
Bring the product into the customer journey Distribute through APIs, widgets or white-labeled experiences and activate cover at the relevant moment
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03 / Monitor & settle
Track conditions and act when a trigger is met Continuously monitor live data, keep customers informed and initiate settlement when predefined conditions are reached
Design and simulate with the data in front of you
Configure parametric products visually and understand how different trigger conditions could perform before launch
- Visual product configuration Set indexes, thresholds, coverage periods and payout structures through the platform
- Historical back-testing Test index performance against historical weather and event data
- Trigger simulation Model expected trigger frequency and payout costs as parameters change
Fit parametric cover into the journey that already exists
Launch through the distribution model that suits each partner, with cover activated at the relevant point in the customer journey
- API Integrate parametric products directly into existing digital journeys
- Widget or white-label site Launch ready-made digital experiences without building every journey from scratch
- Automatic activation Issue or activate cover around events such as booking, purchase or check-in
From live conditions to customer payout
Connect real-time data to active policies, monitor the relevant index continuously and automate what happens when conditions change
- External data Ingest live third-party data relevant to the insured event
- Monitor Continuously evaluate the index against policy conditions
- Notify Send customer updates as conditions develop
- Settle Initiate the agreed payout workflow when the trigger is met
Automatic payout once a trigger is met
Built for risks that can be measured
From weather conditions to travel disruption, parametric products can protect against events that can be independently measured and verified
- Weather
- Travel
- Agriculture
- Hospitality
- Commercial
Explore our platform
Product Studio
Bring insurance programs to market for different partners and markets with minimal development work.
Explore Product Studio
Distribution
Flexible distribution options, from ready-to-launch branded D2C sites to fully embedded API journeys.
Explore Distribution
Policy Hub
Give each partner a branded portal where customers can access policies, documents and claims.
Explore Policy Hub
Claims Reporting
Configure digital claims reporting for each insurance product within partner journeys.
Explore Claims Reporting
AI Recommendation Engine
Recommend the right protection at the right moment, using real-time customer context.
Explore AI Recommendation Engine
AI Conversational Agents
AI agents that guide customers from question to next step across sales, servicing and claims.
Explore AI Conversational Agents
AI Claims Processing
Automate claim interpretation, validation and decisioning within your claims rules.
Explore AI Claims Processing