Parametric Wind Insurance

Extreme wind events can cause significant disruption and financial loss. Traditional insurance often requires lengthy claims assessments before payments are made.

Parametric wind insurance provides a faster, more transparent solution.

Hyperion’s parametric wind cover delivers pre-agreed payouts when wind speeds reach defined thresholds, allowing businesses to access funds quickly following a severe weather event.

What is Parametric Insurance?

Parametric insurance is a type of coverage where payment is triggered by a measurable event, rather than by assessing physical damage.

For wind protection, the policy uses independent meteorological data to measure wind speed at a defined location. If the wind speed exceeds the agreed trigger level, the policy automatically pays out.

Because payouts are based on objective data, the process is simple, transparent, and significantly faster than traditional claims settlements.

Key Benefits

Rapid payouts following qualifying wind events

Transparent triggers based on independent data

No complex claims adjustment process

Flexible coverage structures tailored to specific exposures

Parametric wind insurance can also complement traditional insurance programmes, providing immediate liquidity when severe weather strikes.

Why Hyperion

Hyperion combines specialist underwriting expertise with trusted meteorological data to structure reliable and efficient parametric wind solutions, helping clients respond quickly to extreme weather events.