Jean-Christophe Garaix, Head of Agriculture & Parametrics at Liberty Mutual Reinsurance, delivered a compelling presentation at the International Insurance Summit titled “Innovative Earthquake Risk Solutions: Sensor-Based Parametric Coverage and Monitoring for Enhanced Resilience.”
Garaix highlighted the transformative role of sensor-based parametric insurance and monitoring systems in bolstering resilience against earthquake risks. He emphasized the capabilities of Safehub, which provides rapid and precise damage assessments that are communicated through messages and email alerts, further enhancing situational awareness for businesses and property owners.
This innovative approach aims to significantly improve response times and damage mitigation strategies during seismic events, marking a notable advancement in the field of insurance technology.
