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Global Parametrics

Parametric risk transfer solutions for a resilient future.

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Overview

Global Parametrics is a company with a social mandate to develop and provide parametric financial solutions for natural disaster risk in developing countries. They use advanced climate, seismic, and financial risk modeling to design products that build resilience and offer financial protection to organizations and communities. Their work aims to close the insurance protection gap for those most vulnerable to extreme weather and natural disasters. They are part of the CelsiusPro Group.

✨ Key Features

  • Parametric insurance for natural disasters (hurricanes, floods, earthquakes, drought)
  • Focus on developing countries and vulnerable communities
  • Advanced climate and seismic risk modeling
  • Partnerships with governments, NGOs, and private sector clients
  • Solutions for agriculture, tourism, and other sectors

🎯 Key Differentiators

  • Focus on a broad range of natural disasters in developing countries
  • Advanced risk modeling capabilities
  • Partnerships with a wide range of stakeholders

Unique Value: Builds financial resilience in vulnerable communities by providing innovative and accessible parametric insurance solutions for natural disasters.

🎯 Use Cases (3)

Providing rapid financial assistance to communities after a hurricane Protecting smallholder farmers from drought-related crop failures Insuring tourism-dependent economies against the impact of natural disasters

✅ Best For

  • Disaster risk financing for governments and NGOs in developing countries
  • Parametric insurance for agricultural cooperatives

💡 Check With Vendor

Verify these considerations match your specific requirements:

  • Developed economies with mature traditional insurance markets

🏆 Alternatives

African Risk Capacity (ARC) Caribbean Catastrophe Risk Insurance Facility (CCRIF)

Global Parametrics focuses on a broader range of perils and geographies in the developing world compared to regional risk pools.

💻 Platforms

Web

🛟 Support Options

  • ✓ Email Support
  • ✓ Phone Support
  • ✓ Dedicated Support (Partner tier)

🔒 Compliance & Security

✓ GDPR

💰 Pricing

Contact for pricing

Free tier: NA

Visit Global Parametrics Website →