Parametrix

Cloud Outage
Insurance

Protecting your business from cloud outages.

Traditional insurance isn’t built for today’s cloud risk landscape.

Parametrix Cloud policies ensure your business remains resilient when the next cloud outage hits, offering:

  • Coverage for Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP)

  • Tailored to your specific cloud architecture

  • Tailored to your specific cloud architecture

Parametric solutions fit for a purpose.

Clear Triggers. Quick Payouts. Zero ambiguity.

15-day payout on claims

Quick payouts help minimize the impact of a system interruptions on revenue, customer satisfaction, and business continuity.

Short waiting periods

Short waiting periods enable you to recover more quickly from a system interruption.

Zero cash deductibles

No retention or deductible is required, allowing complete financial recovery from a system interruption event.

Easy claims adjustment

An outage itself triggers claims of fixed amounts, so no assessment of losses is required to receive rapid compensation.

Coverage for any loss

Financial protection against all potential risks and damages, ensuring that you have the broadest coverage available.

No restriction on fund use

No restriction on use of funds gives you the flexibility to allocate resources where needed most after a cloud outage.

Here’s what our clients have to say.

"As a risk manager with years of experience, I know firsthand that BI risk can be tough to quantify and claim for. That's why I was thrilled to find Parametrix's coverage, which offers a real solution. It's exactly what I've been looking for."

Senior Director of Insurance

Digital Marketplace, $1.8b+ rev

"Parametrix was dedicated to making sure my claim experience was seamless and hassle-free. They've consistently proven themselves to be a reliable and trustworthy partner, demonstrating their commitment to delivering on their promises."

Principal Engineer

Cybersecurity, $100m+ rev

More from Parametrix

Parametrix’s Reports

Download Parametrix's exclusive content for deeper insights into cloud outages and other downtime risks.

Frequently Asked Questions

Find out everything you need to know about our company, policies, cloud coverage and more.