Parametric insurance solutions can cover previously underinsured and uninsurable risks, allowing for greater protection of assets and revenues. An innovative, tried and tested solution, parametric insurance complements traditional programmes and helps to fill protection gaps.
Introduction to Miller's Parametric Solutions offering▶ 01:00
Our clients and sectors
- Hotels and leisure
- Construction firms and developers
- Oil & gas – upstream, midstream, and downstream
- Renewable energy – producers and suppliers
- Transport companies
- Real estate
- Agricultural and wine producers
Our expertise
We arrange tailored parametric insurance solutions across multiple sectors using simple, independently verifiable triggers and settlement structures. Whilst weather-based parametric covers are the most common, with an estimated 3 in 4 companies frequently financially impacted by adverse weather, parametric insurance has a wide range of applications.
Energy
- Temperature
- Solar radiation
- Wind
- Power outage protection
Transport
- Water levels on major barge routes
- Rainfall protection
Natural Catastrophe
- Windstorm
- Storm surge
- Flood
- Tornado
- Hail
- Earthquake
- Wildfire
Construction
- Weather causing delay in start-up
- Natural catastrophe exposure carve-out
- Natural catastrophe capacity top-up
Download our brochure to discover how our parametric insurance solutions could help you
Our commitment to service
We are committed to delivering excellence and added value across everything we do and recognise the importance of building sustainable relationships. Through a single point of contact, you have access to a dedicated team of broking, technical and claims experts.
Miller’s Claims expertise
