Insurtech ELEMENT and MGA Parametrix Launch Cloud Outage Insurance in Europe

ELEMENT, the Berlin-based insurtech, announced a partnership with managing general agent, Parametrix Insurance, launching parametric cloud outage insurance for companies in Germany. The product is designed to cover financial losses due to downtime of third-party IT and cloud infrastructure providers. …

from News – Insurance Journal https://ift.tt/3kkKjmo
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