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Parametric

Appetite Guide

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​Coverage for natural perils in a different way, for both property and agricultural risks.

  • Rainfall

  • Temperature

  • Wind

  • Earthquake

  • Hurricane

  • Wildfire

  • Water height

  • Hail

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01

Industries

  • Eligible Occupancies - All     

  • Ineligible Occupancies - None

02

Limits

  • Varies per peril, and country, up to USD / CAD 50m

  • For peak perils, dependent on available aggregate at the time of quoting / binding

03

Minimum Deductible

  • Zero

  • Policy triggers will apply

04

Special Requirements

  • Some perils may require installation of a local weather monitoring device.

05

Pricing

  • All accounts to be priced using historical index’s.

  • Each account is unique and has to be priced separately and distinctively.

  • Process of working out the historical index takes normally 2-3 business days for generic products.

  • Minimum Premium USD / CAD 65,000.

06

Security

  • 100% AXA XL and various other European insurers

07

Information Required

  • Name of Insured

  • Address of Insured/ Risk Location

  • Peril to be covered

  • Period

  • Description of situation that you wish to insure against

  • Historical losses

  • Total value of your assets

  • Required insurance limit

Fenchurch Broking Limited (FCA No.938305) is an appointed representative of Bennett Gould & Partners Limited which is authorised and regulated by the Financial Conduct Authority (FCA No.306850).

©2020 by Fenchurch Broking Ltd.

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