Financial Institutions
Extreme weather events are increasing in frequency and intensity, creating financial stress for your customers that directly impacts your business. Material damage to collateral, falling deposits and increased delinquency pose risks to lenders and the communities they serve.
We create tailored solutions that support your customers individually, simultaneously protecting your business and portfolio.
Our in-house risk modelling generates parametric policies that provide customers with emergency loan relief when disaster strikes, easing the stress of lost incomes and unplanned costs and preventing loan default. Predetermined pay-outs can take the form of a lump sum or regular payment support depending on the needs and regulations of local markets.