Internet blackout parametric insurance
Covers the revenue lost when regional or national connectivity drops below baseline for longer than the agreed duration.
Index, trigger and payout
Payout
How the cover works
What is measured, and when it pays.
- Risk covered
- Business interruption from a significant regional/national connectivity blackout.
- Parametric trigger
- Connectivity drop % vs. baseline, and duration.
- Payout
- Predefined payout compensating the loss, sized on an 11-tier trigger scale.
- Index resolution
- Administrative zone, per event
- Data and model
- Log-normal distribution — same basis as Cyber Outage.
- Typically for
- Digital-dependent businesses
Digital family
Other digital covers.
Next step
Test the trigger on your own location.
We back-test the index at your site over its full history and come back with indicative terms, before anything is bound.