Many within the P&C insurance industry are creating new programs, products and procedures that push the industry forward. Nominate these innovators today for the  the 2023 PropertyCasualty360 Insurance Luminaries recognition program. (Nuthawut/Adobe Stock) Many individuals and companies within the P&C insurance industry are creating new programs, products and procedures that push the business forward. Nominate these innovators today for the  the 2023 PropertyCasualty360 Insurance Luminaries recognition program. (Nuthawut/Adobe Stock)

In business in general and the P&C insurance world in particular, companies both small and large are reinventing themselves to stay ahead of the competition and provide policyholders with innovative coverage solutions.

Parametric insurance represents one such insurance coverage innovation. During a recent InsuranceSpeak podcast, Alex Kaplan, executive vice president for alternative risk, Amwins Group, explained the nuances of parametric insurance and its far-reaching benefits.

 

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