Reliable, Fast, and Transparent Parametric Insurance

NormanMax Insurance Solutions

NormanMax Insurance Solutions utilizes revolutionary insurance technology to provide the best insurance solutions possible to our clients and provide personalized service and comprehensive coverage that suits your unique needs With unrivaled parametric insurance solutions for hurricanes and earthquakes – and many more parametric insurance solutions to follow.

Parametric hurricane and typhoon insurance is a type of coverage that pays out a predetermined amount based on specific triggers selected by the insured – windspeed and the size of the storm. Unlike traditional insurance, whose payout process requires high deductibles, a lengthy claims process, and adversarial parties – parametric insurance operates differently.

Because parametric hurricane & typhoon insurance payouts are based solely on the size and severity of the storm, it has a rapid claims process in the aftermath of a storm – think weeks, not months or years. The best part? There is no limit on what the insured can do with the parametric payout, meaning the insured can focus on what matters most after a storm.

Parametric earthquake insurance is a type of coverage that pays out a predetermined amount based on a specific seismicity trigger – magnitude, Peak Ground Acceleration, and others. Further, unlike traditional insurance, whose payout process requires high deductibles, a lengthy claims process, and adversarial parties – parametric insurance operates differently and more efficiently.

Because parametric earthquake insurance payouts are based solely on the size and severity of the earthquake, it has a rapid claims process in the aftermath of an earthquake – think weeks, not months or years. The best part? There is no limit on what the insured can do with the parametric payout, meaning the insured can focus on what matters most after an earthquake occurs.