Parametric insurance is rapidly becoming a critical risk financing tool, generally providing transparent, data-driven coverage with defined triggers that enable faster, more certain payouts compared to traditional indemnity insurance.
Advances in data science and modeling have fueled rapid growth in the market, leading to an expansion in the range of perils that can be covered, including climate-related risks and operational challenges.
As the market continues to mature, integrating parametrics into captive insurance programs presents opportunities for tailored, flexible risk financing aligned with an organization’s unique needs.
In this episode of Risk in Context, Steve Harry, who leads Marsh’s parametric insurance team in the UK, and Hannah Bassett, a parametric broker in Marsh's UK team, discuss the role of parametric insurance and share practical parametric applications that can help organizations better prepare for and respond to known and emerging risks.
Parametric broker, Marsh UK
United Kingdom
Hannah Bassett is a parametric broker within Marsh’s Alternative Risk Solutions team, based in London. Before joining Marsh, she focused on facultative reinsurance across EMEA. Earlier in her career, she held technical and broking roles in property and casualty and claims at London market intermediaries.
Podcast,Featured insight
01/06/2026
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12/09/2025
