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Insurance verified Verified Outcome TRL 9

Cloud Downtime Parametric Insurance

domain Client: Digital-First Enterprises handshake Provider: Parametrix schedule Deploy: 2021-Present
96 Impact
Enterprise Ready
Evidence Score: 5/10
Strength: High

Executive Summary

ANALYST: COI RESEARCH

Creation of a new insurance product that automatically pays out when critical third-party cloud services (AWS, Azure, Google Cloud) go down, covering the revenue lost during the outage.

rate_review Analyst Verdict

"Solves the 'silent cyber' gap. Traditional business interruption policies often exclude third-party cloud outages or have high deductibles (waiting periods of 12-24 hours). This zero-deductible, sub-hour trigger addresses the reality of modern API-dependent business models."

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Full Audit Report Available Includes Risk Register, Technical Specs & Compliance Data.

warning The Challenge

Modern businesses rely entirely on public cloud infrastructure. If AWS or Azure goes down for 4 hours, an e-commerce platform or SaaS provider generates zero revenue and faces SLA penalties. Traditional cyber policies typically have a 'waiting period' of 12+ hours before coverage kicks in, meaning short, devastating outages were uninsurable.

psychology The Solution

Built a proprietary monitoring system that pings public cloud data centers milliseconds-by-milliseconds to verify uptime. The insurance policy is parametric: if the monitoring system detects an outage of a specific service (e.g., AWS US-East-1) lasting longer than 1 hour, a pre-agreed payout is triggered automatically. No claims adjustment is needed.

settings_suggest Technical & Deployment Specs

Integrations
Cloud Monitoring
Deployment Model
SaaS Platform
Data Classification
Cloud Telemetry
Estimated TCO / ROI
Premium
POC Summary ( to )

"N/A"

shield Risk Register & Mitigation

Risk Factor Severity Mitigation Strategy
Accumulation Risk High Reinsurance caps per cloud provider.
Basis Risk Low Granular service-level triggers.

trending_up Impact Trajectory

Audited value realization curve

Payout triggered in < 2 weeks Verified Outcome
Primary KPICoverage for < 12 hour outages (industry first)
Audit CycleProtection of SLA penalty exposure

policy Compliance & Gov

  • Standards: Lloyd's Coverholder
  • Maturity (TRL): 9
  • Evidence Score: 5/10
  • Data Class: Cloud Telemetry

folder_shared Verified Assets

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Verified Case Study
PDF • Version 1
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Technical Audit
PDF • Audited
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Security Architecture

The "Blind Verification" Protocol

How we verified these outcomes for Digital-First Enterprises without exposing sensitive IP or identities.

Private
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1. Raw Evidence

Audit ID: #PRIV-574
Evidence: Direct SQL Logs
Public
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2. Verified Asset

Outcome: Verified
Ref ID: #COI-574

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