Global Parametrics at the 13th ASEAN Insurance Congress

Earlier this month, our Impact and ESG Manager, Wendy Smith, spoke at the 13th ASEAN Insurance Congress, themed “Building Resilience for a Changing World”. The Congress was hosted in Kuala Lumpur by the ASEAN Insurance Council and The Malaysian Insurance Institute.

In her talk, Wendy explains how parametric insurance provides an active management solution to nat cat and extreme weather risk. Climate change and population growth has increased vulnerability to these hazardous events. This results in significant economic losses, especially in geographies which are traditionally underserved by formal risk transfer.

Wendy also discusses the exponential growth of the parametric industry since 2013. Global Parametrics is at the forefront of this progress, providing global parametric protection to enable business continuity in the aftermath of nat cat and extreme weather events.

Watch Wendy’s exciting talk at the ASEAN Insurance Congress below: