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The Parametric Center

Simpler Insurance for More Difficult Times

Over the last 150 years many things have changed, except for the insurance industry. Our parametric coverages offer straightforward solutions with simpler means of recovery when you need it most, because the time for change is now.

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Parametric Insurance Center

Waters Insurance Network provides parametric solutions to a variety of sectors, across international markets. An increase in the severity of global Natural Catastrophes, has led to businesses feeling the economic effects of a more volatile global climate. In addition, the global pandemic has resulted in reduced capacity and reduced coverage across conventional insurance markets, as well as confusion and dispute over the scope of policy coverage.

Parametric coverage is the perfect solution to fill the void in your coverage, where traditional policies are unable to help and provide clear and measurable criteria for a claim recovery.

 

 

Current Available Parametric Solutions Include:

  • Natural Catastrophe events: tornado, hurricane, flood, hail, earthquake, wildfire, snow, frost
  • Energy: temperature variants, solar radiation, wind, power outage protection
  • Leisure, Hotel and SMEs: revenue loss protection from non-weather events such as active shooter, pandemic, terror attacks
  • Construction: project delays and BI due to weather events.
  • Top Up Business Interruption Cover: BI included only to compliment material damage on a property policy, parametric solutions will cover a variety of other triggers.

Parametrix Downtime Insurance

Parametrix Insurance produces innovative, quick-settlement business interruption insurance policies that cover third-party IT infrastructure downtime for cloud-computing.

Jumpstart Earthquake Insurance

Jumpstart Insurance provides parametric coverage for earthquakes based on quake intensity at your insured location, with automated payouts in as little as twenty-four hours.

Parametric Crop Coverage

With increasing global climate change, it is more important than ever for cultivators to ensure their crop has adequate protection from environmental factors that are out of their control. 

We serve the following industries:

  • Hotels and Leisure
  • Construction / Developers
  • Events
  • Energy (oils & gas / renewables)
  • Transport Companies
  • Real Estate
  • Agriculture
  • Hemp and Cannabis cultivators
  • Cyber
  • SME’s (e.g. car dealerships)
  • We also offer parametric coverage to complement gaps in traditional coverage. E.g. Business Interruption.

 

Other important information:

  • Facility business available (we can cover a portfolio of HNW properties and all restaurants)
  • Maximum Value: USD 150,000,000 any one location
  • International cover available
  • ‘A’ Rated security
  • Automatic claims payments within 7 days

Please Contact Me About Parametric Insurance Coverage

Waters Insurance Network

At Water’s Insurance Network, our success is built on centuries of experience in the insurance industry. We understand the challenges our partners and their customers face. And we’re here to help them WIN – every step of the way.

At the core of our success is a management team specifically dedicated to your success. Meet them here, or click to learn more.

Rogan Dwyer

Gerry Kennedy

Parametric Insurance

A new, better way to limit your exposure.

Cannabis Insurance

Cannabis & Hemp insurance for America’s fastest “growing” industry.

Policeman Insurance

Personal professional liability coverage for law enforcement officers.

Enozo

Aqueous ozone, the green and clean sanitizer you never knew you needed.

Cyber Concierge

Protect yourself against cyber attacks, pre- and post-event.

Massachusetts

5 Whittier St 4th Floor
Framingham, MA 01701

Idaho

217 Cedar Street, #271
Sandpoint, ID  83864

New Hampshire

7 Islington Street
Portsmouth, NH  03801

Pennsylvania

157 Picket Post Lane
Phoenixville, PA 19460

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