The AWS outage that started in the early hours of November 25th was significant for companies who have their systems in Amazon’s Northern Virginia US-East-1 region and use its Kinesis service or other AWS services reliant on Kinesis. The impact was felt by companies including Adobe Spark, Roku and iRobot, all of which confirmed that some …
How to avoid being affected by the next AWS outage Read More »
This podcast originally appeared on InsTech London. Covid-19 has led to insurance companies ramping up the speed of their digital evolution, but relying on third-party services like a cloud provider creates new external risks that need insuring. Parametrix Insurance was launched 18 months ago to protect businesses from the hidden costs of going offline. As well …
Podcast: Co-founder & CTO about parametric downtime insurance Read More »
Parametric insurance isn’t new. It’s been around since the 1990s, but until recently, it was mainly used to insure nature-related risks such as hurricanes, floods and earthquakes, or within capital markets. Today, the parametric insurance model offers untapped potential and, when applied in innovative ways, it can benefit every player in the ecosystem. Parametric models …
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