Blogs

Sustainability is the order of the day stated Bahaa Abdul Hussein. Governments as well as private organizations are focusing on sustainability for the future. Sustainable development goals (SDGs) have been developed and countries are working to achieve these goals. It […]

Parametric insurance is reshaping the landscape of the insurance industry, providing a novel approach to risk management stated Bahaa Abdul Hussein. Unlike traditional insurance, which relies on loss assessment and claims processing, parametric insurance offers predefined triggers for payouts, providing […]

Parametric insurance involves making insurance payouts when an event is triggered observed Bahaa Abdul Hussein. The concept of parametric insurance is based on the use of data. This is why data and analytics play a very important role in parametric […]

For any business, sailing through the unpredictable tides of the market is a constant challenge stated Bahaa Abdul Hussein. While traditional insurance offers a safety net for tangible losses, the ever-evolving landscape presents new risks that fall outside the realm […]

Parametric insurance is revolutionizing risk management stated Bahaa Abdul Hussein. Its data-driven approach and rapid payouts provide immediate relief to the disaster affected party. The unique blend of insurance principles and digital innovation, however, poses distinct legal and regulatory challenges. […]

Rapid payouts based on pre-defined triggers is what makes parametric insurance a great alternative to the traditional system of managing crisis observed Bahaa Abdul Hussein. The really magic behind this innovative approach, however, lies in its unique pricing and underwriting […]