Company profile

Parametrix

Parametric insurance for digital infrastructure and technology downtime.

Industry
Insurance
Employees
41
Headquarters
New York
Founded
2019
Office locations
1

Parametrix company summary

Parametrix is a company in the Insurance industry, headquartered in New York, founded in 2019. On LinkedIn the company has around 41 employees. Its listed specialties include insurtech, insurance, cloud insurance, cyber insurance, parametric insurance.

What technology does Parametrix use?

No technologies detected yet. Warmrank rechecks company websites on a rolling basis.

About Parametrix

Parametrix is the leading provider of parametric insurance for digital business interruption (BI). Our solutions protect against the financial cost of digital infrastructure and technology downtime- covering everything from third-party SaaS disruptions, SLA breaches, cloud outages, to internal system failures. ๐——๐—ฎ๐˜๐—ฎ ๐—–๐—ฒ๐—ป๐˜๐—ฒ๐—ฟ ๐—ฆ๐—Ÿ๐—” ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ Parametrixโ€™s SLA Insurance eliminates performance-driven cash flow volatility, bridging the gap between colocation and triple-net risk profiles. Coverage mirrors lease SLA terms and pays out when performance thresholds are breached. By turning uptime exposure into a predictable, insurable outcome, SLA Insurance enables investors, lenders, and operators to treat data centers as stable, institutional-grade assets with reliable returns and enhanced long-term value. ๐—–๐˜†๐—ฏ๐—ฒ๐—ฟ ๐—ฎ๐—ป๐—ฑ ๐—ง๐—ฒ๐—ฐ๐—ต๐—ป๐—ผ๐—น๐—ผ๐—ด๐˜† ๐—˜&๐—ข ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ Parametrixโ€™s Cyber and Tech E&O policies combine traditional cyber coverage with enhanced parametric BI coverage embedded in the policy. This feature delivers fast, pre-agreed payouts triggered by clearly defined BI events like cloud services, SaaS providers, payment gateways, CRMs, and others in the insuredโ€™s digital supply chain. ๐—˜๐—ป๐˜๐—ฒ๐—ฟ๐—ฝ๐—ฟ๐—ถ๐˜€๐—ฒ ๐—ฅ๐—ถ๐˜€๐—ธ ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€ Tailored parametric BI products designed to.protect businesses against system interruptions and technology performance failures.These standalone products cover both first-party and third-party losses and are designed as a foundation for performance warranties and uptime-based guarantees. Weโ€™re making digital systems insurable- bringing clarity, speed, and efficiency to every part of the value chain. Parametrix is a Lloydโ€™s Coverholder, with policies backed by major A-rated global insurers and distributed through leading brokers worldwide.

Specialties

insurtechinsurancecloud insurancecyber insuranceparametric insurancebusiness interruption insurancerisk managementcloud outagesystemic riskscyber riskscyber catastropherisk modelingthird party risk managementCyber Risk ManagementContinuous MonitoringCyber risk aggregationVendor Risk ManagementCyber Systemic Risk ManagementCloudinsurance-linked securitiesILSCyber ILS

Where is Parametrix located?

Parametrix lists 1 location.

New York, 10016, USHQ
419 Park Ave S

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Frequently asked questions about Parametrix

What does Parametrix do?

Parametrix is the leading provider of parametric insurance for digital business interruption (BI). Our solutions protect against the financial cost of digital infrastructure and technology downtime- covering everything from third-party SaaS disruptions, SLA breaches, cloud outages, to internal system failures. ๐——๐—ฎ๐˜๐—ฎ ๐—–๐—ฒ๐—ป๐˜๐—ฒ๐—ฟ ๐—ฆ๐—Ÿ๐—” ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ Parametrixโ€™s SLA Insurance eliminates performance-driven cash flow volatility, bridging the gap between colocation and triple-net risk profiles. Coverage mirrors lease SLA terms and pays out when performance thresholds are breached. By turning uptime exposure into a predictable, insurable outcome, SLA Insurance enables investors, lenders, and operators to treat data centers as stable, institutional-grade assets with reliable returns and enhanced long-term value. ๐—–๐˜†๐—ฏ๐—ฒ๐—ฟ ๐—ฎ๐—ป๐—ฑ ๐—ง๐—ฒ๐—ฐ๐—ต๐—ป๐—ผ๐—น๐—ผ๐—ด๐˜† ๐—˜&๐—ข ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ Parametrixโ€™s Cyber and Tech E&O policies combine traditional cyber coverage with enhanced parametric BI coverage embedded in the policy. This feature delivers fast, pre-agreed payouts triggered by clearly defined BI events like cloud services, SaaS providers, payment gateways, CRMs, and others in the insuredโ€™s digital supply chain. ๐—˜๐—ป๐˜๐—ฒ๐—ฟ๐—ฝ๐—ฟ๐—ถ๐˜€๐—ฒ ๐—ฅ๐—ถ๐˜€๐—ธ ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€ Tailored parametric BI products designed to.protect businesses against system interruptions and technology performance failures.These standalone products cover both first-party and third-party losses and are designed as a foundation for performance warranties and uptime-based guarantees. Weโ€™re making digital systems insurable- bringing clarity, speed, and efficiency to every part of the value chain. Parametrix is a Lloydโ€™s Coverholder, with policies backed by major A-rated global insurers and distributed through leading brokers worldwide.

How many employees does Parametrix have?

Parametrix has around 41 employees on LinkedIn.

Where is Parametrix headquartered?

Parametrix is headquartered in New York.

When was Parametrix founded?

Parametrix was founded in 2019.

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