Global Parametrics

Global Parametrics is a specialist provider and Managing General Agent (MGA) that offers climate and natural disaster risk transfer solutions, primarily for emerging markets. Founded in 2016, the company leverages advanced climate science, data modelling, and technology to structure and underwrite parametric insurance products. These products provide rapid payouts based on predefined triggers (e.g., wind speed, rainfall levels) rather than traditional loss assessments. The company is backed by a risk capital facility from the UK’s Foreign, Commonwealth and Development Office (FCDO) and Germany’s KfW Development Bank, with a mission to build resilience and protect livelihoods in underserved communities across the globe.