Founded in 2019, Parametrix Insurance offers parametric insurance policies designed to protect businesses from the financial losses caused by outages of third-party cloud providers, CDNs, e-commerce platforms, and other critical technology services. Unlike traditional insurance, their policies feature pre-agreed coverage amounts and fast, automatic payouts triggered by monitored downtime events, eliminating complex claims processes. The company aims to help businesses build operational resilience in an increasingly cloud-dependent world.

Founded in

France