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Aon, Swiss Re and Floodbase launch parametric storm solution

GlobalData
Summary
Nutrition label

76% Informative

Aon has launched a parametric insurance solution to mitigate and address losses from hurricane-related storm surges in the US .

Developed with flood expert Floodbase and insurer Swiss Re , the product can aid in bridging protection gaps in traditional insurance policies.

The solution utilises a variety of meteorological data sources to assess storm surge inundation.

VR Score

69

Informative language

65

Neutral language

58

Article tone

semi-formal

Language

English

Language complexity

81

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

Affiliate links

no affiliate links