parametric insurance policies News

The Present Use and Promise of Blockchain in Insurance

Twenty years ago, people who thought that the Internet would completely transform business processes would have been right, but they could also have lost a lot of money investing in “dot com” enterprises that failed. Organizations today find themselves in …

Caribbean Cat Facility, CCRIF, Pays Belize for Excess Rain From Hurricane Earl

CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) made a pay-out of US$261,073 to the government of Belize as a result of heavy rains from Hurricane Earl on Aug. 4-5. Rainfall from the hurricane caused widespread flood damage to …