| COMPARE |
PARAMETRIC
GREAT SPECIALTY OPTION
Fast event-triggered protection
|
OFFER DEDUCTIBLE BUY BACK
SAVINGS & PLANNING TOOL
The familiar deductible solution
|
SOLA
PARAMETRIC-TYPE
Residential wind & hail
|
| COVERAGE STYLE |
Event / trigger based |
Traditional Insurance process |
Parametric-type wind & hail |
| CUSTOMER EXPERIENCE |
Trigger must be met |
✓ Traditional claims process, not limited to a triggered event |
Qualifying storm-data / event model |
| RESIDENTIAL |
✓ Available by program |
✓ Yes – down to $2,500 |
✓ Yes |
| COMMERCIAL |
✓ Available by program |
✓ Yes – down to $5,000 |
Residential-focused |
| AGENT WORKFLOW |
Program dependent |
✓ Quote • Apply • Bind • Submit |
Online residential workflow |
| SCALE / LIMIT |
Program specific |
✓ Capacity to $100,000,000 TIV |
$2,000 – $25,000 per structure |
| BEST USE |
Fast catastrophe liquidity |
✓ Lower a large deductible to a predictable amount |
Smaller residential wind / hail gaps |
| BUSINESS FIT |
Specialty tool |
✓ Build Loyalty
✓ Increase Retention
✓ Gain Customers |
Residential niche |
