Intelligence: How using parametrics in travel insurance could help the sector's tarnished reputation
Parametric products are a good example of how the complexity can be removed from the world of insurance. Martin Friel examines how their use in travel insurance could help the insurance market with its transparency and ultimately clean up its image
Parametric insurance promises to revolutionise the market – it’s transparent, easy to manage and promises to deliver a great customer experience. While it has been around for about 15 years, the
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