The Parametrix Team

Israeli startup Parametrix is disrupting the insurance industry with its IT downtime policy, recently expanding into Europe after already entering the U.S. market with certain underwriters at Lloyd’s of London, and partnering with Japanese insurance giant Sompo IT downtime insurance may sound confounding and complex, but its significance and promise are clear when you speak …

Down, but not out: Parametrix ensuring uptime glitches aren’t destructive Read More »

Die Parametrix GmbH und die FINLEX GmbH geben eine Kooperation bekannt, die den Kunden von circa 200 Industrie-Maklern den Zugang zu dem weltweit führenden Anbieter von Cloud-Ausfallversicherungen gewährleistet. Düsseldorf, 01. September 2021 – Die IT-Cloud-Ausfallversicherung der Parametrix bietet eine innovative und einzigartige Lösung für Unternehmen, die finanzielle Verluste aufgrund von Cloudausfällen erleiden. Dank der Kooperation …

Parametrix startet mit FINLEX den deutschen Markteintritt Read More »

Parametrix has the distinction of delivering a true first in the Lloyd’s Lab.  The founders, seasoned tech startup professionals, wanted to create new class of parametric insurance – downtime business interruption cover. Following their participation in Lloyd’s Lab cohort 4, they have now launched their product in multiple markets worldwide. Parametrix’s innovative business interruption policy …

Parametrix cloud downtime cover: closing the protection gap for clients Read More »

Berlin, 24. August 2021 – ELEMENT, Deutschlands einziger 100% cloudbasierter Versicherer, und das US-amerikanische Unternehmen Parametrix Insurance starten eine strategische Partnerschaft – die erste auf internationaler Ebene für ELEMENT. Gemeinsam wird derzeit eine einzigartige parametrische Cloud-Ausfallversicherung auf den europäischen Markt gebracht, die finanzielle Verluste für Firmen aufgrund von Störungen und Ausfallzeiten bei Drittanbietern von IT- und …

ELEMENT und Parametrix bringen einzigartige Cloud-Ausfallversicherung auf den europäischen Markt Read More »

Japanese insurance giant Sompo has launched a new insurance product to insure e-commerce stores on platforms such as Yahoo! Shopping, Shopify, and Amazon, based on the technology of Israeli startup Parametrix. Paramatrix’s plan is to provide service to millions of customers in Japan and the Far East over the next few years, thanks to the …

Sompo signs strategic collaboration with Parametrix to insure e-commerce stores Read More »

TEL AVIV, ISRAEL and CHARLOTTE, NC – TechAssure, the international nonprofit association of insurance and risk management experts for technology-related risks, has announced a new partnership with Parametrix Insurance. TechAssure members will gain access to Parametrix’s insurance products that protect tech-reliant businesses from third-party IT downtime. “Parametrix has created an innovative suite of products for …

Parametrix Announces New Partnership With TechAssure Read More »

Funding to support rapid growth acceleration as demand soars for financial protection from outages caused by third party-cloud-based service providers May 26, 2021 – Tel Aviv, Israel and New York City, NY – Parametrix Insurance, the leading IT downtime insurance provider, today announced that it has raised  $17.5M in funding from leading VC firms including FirstMark …

FirstMark Capital Leads $17.5M Round For Parametrix Read More »

Insurtech is picking up steam in a big way, but startup Parametrix thinks there is still plenty of room left to innovate. The company, which today announced the close of a $17.5 million funding round, offers insurance policies for companies that rely on third-party cloud providers, e-commerce services, payment gateways and CRM systems. In essence, downtime from one …

(TechCrunch) Parametrix Insurance Raises $17.5 Million for Cloud Downtime Insurance Read More »