Disrupting the insurance model It is where both Ori Cohen from Parametrix “Today’s business is built on a This continuous monitoring and Yann Barbarroux from Otonomi shared variety of tech service providers. allows us to tailor more relevant views on the value of parametric models If something goes wrong with products that businesses want from two different angles. While Parametrix applies parameters to cloud downtimes, one of these service providers and need while aligning the Otonomi directly enables suppliers to and they fail to deliver expected payout with their business evaluate, control and mitigate their supply cloud services, your business performance, peak hours, and chain risk more transparently. Parametric insurance describes a type of insurance will likely suffer. But most of seasonality.” contract that insures a policyholder against us would not know where the Ori Cohen the occurrence of a specific event by paying problem is coming from. It is Parametrix a set amount based on the magnitude of the event, as opposed to the magnitude of where parametrized approaches the losses in a traditional indemnity policy come into play. At Parametrix, (NAIC). we continuously track the availability of these service providers.