Parametrics an increasingly critical risk management solution: Marsh’s Wright, Rouse
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Parametrics an increasingly critical risk management solution: Marsh’s Wright, Rouse

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While parametric policies can offer a more straightforward and oftentimes quicker claims process, risk professionals need to beware of their potential limitations when structuring policies to effectively address an organization’s risk, according to Marsh executives.

Michael Rouse, Marsh’s US property practice leader, and Chad Wright, the head of alternative risk transfer group for US and Canada, discussed the broader benefits of parametric insurance on Marsh’s most recent “Risk in Context” podcast episode.

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