From Adria to Will to STORM: names to know this hurricane season
Hurricane season is right around the corner and 2020's record-breaking season reminds us that primary perils remain a significant threat to businesses and public entities.
Although last year's hurricanes largely avoided densely-populated or high activity areas, the recent sigma found that in a year with substantial hurricane losses in major metropolitan areas and multiple secondary peril events, annual insured losses could reach USD 250 to 300 billion.
Parametric insurance, like STORM, can protect businesses and public entities from the financial impacts and other unforeseen economic consequences of a hurricane or tropical storm.
Join our upcoming webinar to hear:
• Predictions for the 2021 hurricane season
• Lessons learned from 2020 and findings from the recent sigma
• Case studies where parametric insurance helped businesses and public entities