Parametric Insurance by Industry

ParaSure provides parametric weather coverage solutions for businesses across industries with measurable weather exposure.

Restaurants and Food Service

Revenue drops when severe weather keeps customers away — even when there's no physical damage to claim on. Parametric rainfall and storm triggers pay automatically when weather impacts foot traffic.

Event Venues and Outdoor Entertainment

Concerts, festivals, sports venues, and outdoor attractions face significant revenue risk from weather disruption. Parametric wind, rain, and temperature triggers provide fast payout when events are impacted.

Hotels and Hospitality

Coastal hotels face named storm deductibles and occupancy drops during hurricane season. Parametric triggers pay before the claims process even begins, protecting cash flow during evacuations and closures.

Retail

Retail foot traffic is directly correlated with weather. Heavy rain, extreme heat, and winter storms reduce sales. Parametric weather triggers provide revenue protection without the friction of traditional claims.

Real Estate and Construction

Construction project delays from weather events cause cost overruns and contract penalties. Parametric rainfall and wind triggers provide fast compensation for weather-related delays.

Agriculture

Drought, freeze, and excessive heat directly impact crop yields. Parametric agricultural products pay based on verified weather data — faster and more reliably than traditional crop insurance.