InsureTech

Parametrix Launches Data Center Insurance Product

The latest new product from Parametrix; Parametrix, the leading provider of digital business interruption risk solutions, has launched an innovative insurance product specially designed for data centers which covers their commitments under Service Level Agreements […]

Opinion

Best Practices for Improving Reliability in Insurance Technology

Insights by Sonny Patel, Chief Product and Technology Officer at Socotra. Today’s insurers rely on digital platforms to manage policies, interact with customers, and connect with partners. As a result, slow service and system outages […]

InsureTech

Concerned About AI Services Going Down? There’s a Tool For That

The word from Parametrix; Parametrix has expanded its capabilities to include real-time monitoring of the availability of Artificial Intelligence (AI) services. Platforms such as OpenAI’s ChatGPT, Google Gemini, Claud, and others can now be monitored, […]

Technology

Parametrix Commentary On Recent Microsoft Outage

Some feedback from Parametrix on the Microsoft outage earlier this week; Parametrix, the leading provider of cloud downtime insurance, monitored an outage of Microsoft Azure, the world’s second-ranked cloud service provider. One of the ‘Big […]

InsureTech

Parametrix Survey Reveals Home Truths About Cloud Outages

Parametrix, the provider of technology downtime insurance, today announced the results of a survey of 324 corporate decision-makers about cloud reliance, downtime concerns, and downtime insurance coverage. The survey was conducted in July 2022 by Momentive and […]

InsureTech

Parametrix Launches CDN Downtime Cover

Parametrix, the provider of technology downtime insurance, today announced the launch of Parametrix CDN Downtime Insurance. This first-of-its-kind insurance coverage protects businesses from the financial fallout of third-party content delivery network (CDN) outages, securing cash […]

Global insurance trends

Parametrix & IMA Team Up On Downtime Losses

Parametrix Insurance (Parametrix), the provider of parametric cloud downtime insurance, and IMA Financial Group (IMA), a North American insurance brokerage firm specializing in risk management, insurance, wholesale brokerage and wealth management, have announced they have entered into […]

Global insurance trends

Crypto: Parametrix Launches Cloud Downtime Insurance

Parametrix, the provider of technology downtime insurance, today announced Cloud Downtime Insurance for Crypto is available to insure crypto companies against cloud outages. Should a crypto exchange, wallet, DeFi or platform become inaccessible due to […]