Company
Parametrix
5 stories · tracked since Dec 9, 2025 · last seen Aug 14, 2026
Parametrix is an insurtech that sells parametric insurance against cloud and IT outages, paying claims automatically based on measured downtime rather than a traditional loss assessment.
Profile compiled by Insurtech Daily from the coverage below.
Most-covered themes
Also involved
Reported by
Insurtech Insights, Reinsurance News, Artemis, calcalistech.com
Funding
1 disclosed round · $27M raised · first tracked Dec 9, 2025
| Amount | Stage | Lead investor | Announced | Source |
|---|---|---|---|---|
| $27M | Series B | — | Reinsurance News+1 |
Disclosed rounds only, as reported in the insurtech press — see the funding tracker for what is counted and what isn't, or how this compares in the ranking of the most-funded insurtech companies.
Coverage
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AIG, Parametrix launch parametric cover for cloud outage losses
New cyber solution provides faster payouts for business interruption caused by cloud service disruptions
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AIG & Parametrix launch cyber parametric solution for cloud service outage losses
American International Group, Inc. (AIG), a global insurer and reinsurer, has launched a new Parametric Cloud Outage Solution in partnership with Parametrix, a provider of digital business interruption solutions…
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AIG launches parametric cloud outage insurance working with Parametrix
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Parametrix raises $27m in funding round and rolls out new cyber insurance product
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As digital outages rise, Parametrix lands $27 million Series B for downtime insurance