Insights, advice and news on insurance in West Africa and Europe.
Parametric insurance is an innovative type of cover that relies on predefined, measurable data, called "parameters", to automatically trigger compensation when a claim occurs. Unlike a traditional policy that assesses damage…
Parametric insurance is changing how African economies manage risk in 2025. Unlike traditional indemnity-based insurance, parametric models rely on predefined data points, such as rainfall levels or wind speed, to trigger payouts.
Insurance can seem a bit complicated, but it is actually something extremely useful that protects our lives, our money and our belongings when something goes wrong. In this article, we explain everything simply so you finally understand why insurance matters.