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How insurers can survive systemic technology outages
03 April 2025Jonathan Hatzor, chief executive of managing agent and cloud outage analytics provider, Parametrix, says the insurance industry must rethink how it assesses and underwrites exposure to technology service providers or risk severe losses. Joshua Geer reports
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Hannover Re and Parametrix issue $13.75m cat bond for cloud outage risk
16 April 2024Cumulus Re protects the German reinsurer against cloud outage loss accumulation within its cyber reinsurance portfolio