Adam Rimmer first saw the potential of parametric insurance while working at RMS, the world’s largest catastrophe modeling firm. Whilst there, he and co-founder Ian Bartholomew structured and modeled triggers on over $2bn of parametric insurance products and catastrophe bonds to protect governments and large corporations in the US and around the world. They are now using those same principles on a scalable platform. The result is FloodFlash, the first sensor-based parametric flood solution set to provide affordable cover to the businesses, corporations, and communities that need it most.
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