Pandemic outbreak parametric insurance

Pays out when a public-health emergency is declared and regional case rates confirm it, so funds arrive while the outbreak unfolds.

Index, trigger and payout

PHEIC declaredNo eventPayout

Illustrative series. The payout is released when the index crosses the trigger agreed in the contract.

How the cover works

What is measured, and when it pays.

Risk covered: Loss triggered by a WHO/national-authority-declared epidemic threshold.
Parametric trigger: Binary PHEIC declaration + regional case-rate confirmation.
Payout: Predefined payout compensating the loss, sized on an 11-tier trigger scale.
Index resolution: Administrative zone, per event
Data and model: Power-law final-size distribution (epidemic outbreak-size literature).
Typically for: Cities, public bodies & NGOs

Bought by the same clients

Next step

We back-test the index at your site over its full history and come back with indicative terms, before anything is bound.