Neta Rozy

CTO and Co-Founder at Parametrix
On the record
Recent Quotes
Sign up to view all
  • “Technology has changed the insurance industry forever. From the web enabling new distribution channels to machine learning driving more accurate premiums, better risk analysis and lower loss ratios, the impact cannot be overstated. I believe the biggest technology driven innovations in insuretech are just now happening. There’s a next level of change going on that goes beyond that past’s incremental improvements of the same products and services (Home, Life, E&O). What we’re seeing now is technology enabling the insurance of new perils such as technology downtime. And, we’re seeing parametric models come to the forefront which will wipe away painful, expensive claims processes. All of which is driven by new technology that enables the collection of previously inaccessible data and powerful computing that accurately models outcomes.”

    2 February 2022
  • More companies than ever rely on cloud-based services. This comes with great benefits like affordability, scalability and flexibility. But no matter how robust and how well-engineered any technology is said to be, it's never immune to downtime, and the cloud is no exception. As business leaders continue to shift to the cloud, they must be able to mitigate the risk of outages. Cloud outages can lead to revenue losses, customer churn, lost productivity, and other damages caused by unexpected interruption to their normal business operations. For the first time, cloud downtime insurance is making it possible for businesses to protect themselves from downtime events. This latest development in insurtech, being provided on a parametric basis, provides businesses with rapid payouts to cover any type of cloud downtime related loss.

    2 February 2022
Employment
Sign up to view all