Parametric insurance offers faster payouts that can be used to cover losses associated with catastrophic and seasonal weather events (such as Hurricane Ian, seen here), making it a valuable tool for businesses and economically-challenged communities to build financial climate resilience. (bilanol/Adobe Stock) Parametric insurance offers faster payouts that can be used to cover losses associated with catastrophic and seasonal weather events (such as Hurricane Ian, seen here), making it a valuable tool for businesses and economically-challenged communities to build financial climate resilience. (bilanol/Adobe Stock)

Climate change is no longer a distant threat but a tangible reality affecting communities and businesses worldwide.

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