Parametrix is the leading provider of cloud monitoring, modeling, and insurance services. We create cutting-edge tools and models that enable companies, insurers, and reinsurers to quantify, manage, and transfer their exposure to cloud outage risk with unparalleled accuracy. Parametrix is comprised of two separate divisions:
Parametrix Analytics
Parametrix Analytics is a risk consultancy that serves as a modeling, calculating and reporting agent for cloud outage catastrophe bonds (ILS) and reinsurance solutions.
Parametrix Insurance
Parametrix is a Managing General Agent, underwriting cloud outage insurance with parametric triggers that provide enterprise clients with instant insurance quotations and streamlined claims payments delivered within days. Parametrix is a Lloyd's Coverholder whose policies are backed by major A-rated global insurers.
Parametrix is powered by proprietary cloud monitoring technology, which actively monitors third-party cloud services worldwide, collecting billions of granular data points on service interruptions. The combination of advanced monitoring capabilities and sophisticated data analytics allows Parametrix to accurately assess and insure cloud outage risk.