Provider of downtime insurance, Parametrix, is strengthening and expanding its operations in the United States with additional reinsurance capacity.
The firm has announced that partners Hannover Re and certain underwriters from Lloyd’s, which includes Tokio Marine Kiln, RenaissanceRe, and Apollo (through ibott Syndicate 1971) will join, or have renewed their commitment to the Parametrix panel of reinsurers.
The new structure is brokered by Howden Insurance Brokers Limited, UK.
