A new value chain with Parametric insurance
Ruuta2021-02-18T11:12:08+02:00Insurance is a millennial practice for transferring or distributing risk, to protect from financial loss. As an Earth Observation (EO) market, Insurance is traditionally a small one, but an emerging approach called parametric insurance recently opens new opportunities for EO service providers. If traditional insurance products indemnify for an actual loss sustained, parametric insurance contracts offer a means [...]