PARAMETRIC INSURANCE

Data Driven Protection

In a matter of moments, hail can destroy a field, dent a car, or ruin a roof-top oasis. When disaster strikes, parametric insurance can help make sure your business keeps going and growing. Parametric Insurance is data-driven protection that provides fast, flexible, and full coverage as soon as a triggering event occurs. Hailios makes parametric coverage possible by collecting real-time, accurate hail data. As soon as hail of a certain size is recorded, your policy is instantly triggered.

While our data is nuanced and granular, Hailios can also provide simple, binary data: either it hailed, or it didn’t. The size of hail was either so big, or it wasn’t. There’s no need to wait for an adjustor to visit your site to confirm damage. Hailios acts as the referee to provide unbiased data to both the insurer and insured.

THE FUTURE IS PARAMETRIC

The future is possible now with Hailios

FASTER PAYOUT

Claim payouts are based on a specific set of data, such as hail size. As soon as that data is registered, your claim is processed.

FLEXIBLE

FULL COVERAGE

“There’s a great demand to make insurance more simple. Parametric insurance products are part of the solution, and Hailios’ proposition, with technology that enables numerous parametric hail insurance products, plays a key role in innovating in this space.” -George Roberts, Sompo International

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How Hailios Supports The Bigger Picture

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If you own commercial property, parametric insurance is something you should consider, especially if you’re located in an area with a high chance of severe weather. Hail damage, wind, rain, snow, and other events may not be covered by property insurance because the...

Sitting Ducks: Why Auto Dealers Need Parametric Hail Insurance

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