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The Wall Street Journal makes the case for Parametrix cloud downtime insurance.
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The Wall Street Journal makes the case for Parametrix cloud downtime insurance.
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Month: March 2022

Better-fitting, comprehensive coverage for cloud outages (that isn’t cyber insurance)

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One of the fastest growing risks for businesses is 3rd party IT downtime. Businesses are outsourcing a wide range of services, to drive efficiency and reduce operational costs. But at the same time, they are depending on external players to provide mission critical services. A prime example is the rapid growth of cloud spend. Companies …

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Our new eBook: how much will an hour of cloud downtime cost your business?

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The cost of IT downtime is an elusive figure. Cloud outages hurt everyone, but costs are difficult to measure and vary greatly by industry or business size. For online retailers, measuring lost revenue when their website crashes is pretty straightforward. But there’s also the impact on brand reputation, churn and customer lifetime value. SaaS providers …

Our new eBook: how much will an hour of cloud downtime cost your business? Read More »

Parametrix Appoints Rick Wong as Head of Insurance

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Parametrix, the provider of cloud downtime insurance, today announced it appointed Hiscox veteran Rick Wong as head of insurance. Wong will lead the Parametrix team focusing on broker relations and the development of the broker channel, a critical channel accounting for more than 70% of commercial insurance sold in the United States. An insurance industry …

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The products and services referred to on this website are available only in the jurisdictions in which we are licensed to transact insurance business. Nothing on this website shall be construed as an offer or solicitation to purchase insurance in any other jurisdiction. The availability, terms, and conditions of such products and services may vary by jurisdiction. The list of licenses held by Parametrix Insurance Services LLC as an insurance producer and surplus lines broker in the US states can be viewed on our licenses page.

Parametrix provides insurance products in connection with potential downtime on services represented by brands which this website displays. Parametrix is not affiliated to, associated with, or sponsored by the owners of these brands.

   Copyright © 2022 Parametrix Solutions Inc.

Copyright © 2021 Parametrix Solutions Inc. All rights reserved