Disasters such as wildfires are becoming increasingly frequent occurrences, leaving homeowners scrambling for ways to proactively protect themselves and recover financially. Traditional insurance ...
Group, a provider of parametric disaster insurance products to countries and other entities in Africa, has made a combined ...
A new energy storage system for high-rise buildings has been introduced in Canada. Designed by University of Waterloo researchers, the solid gravity energy storage system is claimed to be suitable for ...
Officials reportedly prefer a parametric insurance model because it allows for quick payouts. Under traditional insurance models, it can take years to assess damage and determine the proper payout for ...