Exploring the Future of Parametric Insurance: Insights from Ola Jacob

November 7, 2024
In this interview, Ola Jacob delves into the evolving landscape of parametric insurance, shedding light on the risks and events these products are designed to cover, from natural disasters to supply chain disruptions. He highlights the industries reaping the greatest benefits, where rapid payouts and customised solutions address unique challenges.

During the interview Ola also addresses the critical role of compliance and transparency in the claims process, explaining how predefined parameters and reliable data sources ensure fairness and accuracy. Lastly, he explores key trends and innovations shaping the parametric space, highlighting hospitality as an industry poised to benefit significantly from parametric insurance solutions.