We use climate indices that measure your exposure to offer Natural Hazards Insurance solutions.CONTACT US ➞
We offer a quick and automatic payout using parametric risk transfer.
No loss adjusters are required to assess the damage.
Example: Cyclone insurance
An airport in Key West is looking for an insurance solution against a potential cyclone that could lead to not only property damage but also to a decline in passenger traffic and increased operating costs.
Pain point: high level of deductibles of traditional coverage and Non-physical Damage Business Interruption exclusions.
AXA Climate Cyclone insurance product enables fast repairs and financial stability following a tropical cyclone.
What we offer
Rate on limit (purely indicative): 2-5%.
Real life example
Hotel chain in Gulf of Mexico
Trigger: cyclone category 3/4/5 passing within a 60-mile circle around each location.
PARAMETRIC SOLUTIONS FOR THE AGRICULTURAL SECTOR
Plant diseases are a significant yield and quality constraint for farmers. Parametric insurance solutions help to mitigate their negative impact and develop resilience.
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AXA’s global footprint
We are stronger with the AXA Group geographical footprint and financial strength
FINANCIAL STRENGTH RATING BY STANDARD & POOR'S