Parametric insurance solutions are getting increased attention as a way to provide faster and more flexible funds to victims of disasters. This is the primary reason why we established Bounce Insurance which is the only provider of parametric earthquake insurance in New Zealand. Our purpose is to provide rapid cash relief by providing up to $50,000 within days after a large earthquake to help cover additional expenses.
Please click HERE to read a primer on "Parametric Insurance For Disasters" published by the Wharton Risk Center (September 2020).