CelsiusPro unveils ParameterPro 2.0: Revolutionising parametric insurance access for brokers
Breakthrough platform streamlines parametric insurance structuring and modelling, combining state-of-the-art technology with unparalleled data access.
Zurich, 29 November 2024 – CelsiusPro introduces ParameterPro 2.0, the first in a line of successive releases tailored for brokers and risk managers. The toolkit enables brokers to quickly visualise, structure, and model parametric climate and NatCat insurance solutions with unmatched speed and precision.
Powered by CelsiusPro’s award-winning technology, ParameterPro 2.0 helps brokers tackle the growing unpredictability of climate risks. The platform’s initial release focuses on parametric hurricane and earthquake events while providing global access to comprehensive climate and NatCat datasets.
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Why Choose ParameterPro 2.0?
Simplify Complexity: Analyse climate and NatCat risks with near real-time and historical data to support informed, confident decisions.
Engage Clients with Insight: Deliver data-rich visualisations that help clients clearly understand tailored solutions for their specific exposures.
Accelerate Deal Flow: Reduce structuring time, improve quote-to-bind ratios, and deliver faster, more accurate submissions to reinsurers.
Advanced Features for Brokers
Intuitive Structuring Toolkit: Gain access to cutting-edge, tech-enabled tools to easily structure parametric and NatCat products tailored to clients’ needs with just a few clicks.
Robust Modelling Capabilities: Blend stochastic event sets with historical data to model historical losses and expected premiums that meet clients’ expectations.
Global Climate Data Access: Download extensive datasets—including temperature, wind speed, precipitation, and much more—for deeper analysis and customisation of parametric insurance products.
Mark Rueegg, CEO of CelsiusPro, commented: “With ParameterPro 2.0, brokers gain access to data, in-depth insights, and efficiency. Our platform combines leading-edge technology, climate data science, and risk modelling to help brokers deliver superior value to their clients. By enabling faster, clearer, and more informed decision-making, we aim to be the technology provider of choice to the parametric insurance industry.”
Discover the Possibilities
Contact us today to schedule a demo and explore how ParameterPro 2.0 can transform your approach to parametric climate and NatCat insurance.
Media contact:
Daniel Perez-Whitaker
Head of Marketing & Communications
daniel.perezwhitaker@celsiuspro.com
ParameterPro 2.0 queries:
Joël Durand
Head of Business Development
joel.durand@celsiuspro.com
Harry Titherley
Business Development Director
harry.titherley@globalparametrics.com
Arijana Antunovic
Parametrics Sales Associate
a.antunovic@globalparametrics.com