Tag: Eric Schuh

Cyber Risks, Risk Management

Insurtech ELEMENT and MGA Parametrix Launch Cloud Outage Insurance in Europe

August 25, 2021

Via: Insurance Journal

ELEMENT, the Berlin-based insurtech, announced a partnership with managing general agent, Parametrix Insurance, launching parametric cloud outage insurance for companies in Germany. The product is designed to cover financial losses due to downtime of third-party IT and cloud infrastructure providers. […]