Parametric risk contracts, which pay an insured upon the occurrence of an event, rather than waiting for claims, have become an essential component of insurance programs for large risks, especially public sector risks. Join us as Joe Harrington brings his impeccable analysis of this growing sector of the insurance world.

This program will cover:

• The evolution of parametric risk contracts in recent years
• How they compare and contrast with traditional indemnity-based insurance
• The benefits of rapid compensation compared to the "basis risk" posed by parametric coverage
• The prospects for the expansion of parametric coverage to small- and mid-sized risks