Parametric 2.0: What HNW Advisors Need to Know
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Parametric 2.0: What HNW Advisors Need to Know
This session will explore where the parametric market originated, how it has evolved, and what that evolution means for brokers advising high-net-worth clients today.
We will discuss:
- How parametric products compare to traditional insurance programs
- Key differences in claims handling and loss certification
- Where uncertainty exists within parametric products and how to explain that to clients
- How parametric solutions interact with classic insurance products
- Peril-specific applications, including wildfire, named windstorm, and earthquake
Access the Webinar Recording
The full webinar recording is available on demand to PRMA members.Understanding Parametric Insurance: A Practical Comparison with Traditional Insurance
Developed from PRMA’s Parametric 2.0: What HNW Advisors Need to Know webinar, this one-page reference provides a clear comparison of parametric and traditional insurance, highlighting key differences in triggers, claims handling, and payout structure. Designed as both a learning aid and a client conversation tool, it helps advisors explain parametric solutions with greater clarity and confidence.Brenden Beeg
Brendan leads Amwins’ marketing, placement and design of parametric solutions for corporates and individuals across natural catastrophes, severe weather, and novel risk exposures.
Prior to joining Amwins, Brenden served as a distribution leader for Tokio Marine Group subsidiaries, based in Honolulu. He co-led the development of the first parametric hurricane product in Hawaii, designed for island residents to access emergency relief in the immediate aftermath of a named windstorm event. He also spent time at Aon where he brokered complex construction casualty and property CAT risks.
Following his tour in Hawaii, Brenden dove into the parametric insurtech ecosystem, where he was a distribution manager in North America for a global climate-focused MGA. Most recently, he spearheaded the build-out of the parametric wholesale brokerage arm at Plover Parametrics, which was acquired by Amwins in April 2025.
Taimur Chaudhri
Taimur is Head of Insurance Sales at Arbol. Taimur was a reinsurance underwriter for AmericanAg where he managed an international and domestic book of property catastrophe treaty business. Formerly he was the lead parametric insurance underwriter at Kettle, a wildfire re/insurance MGA. Taimur holds the CPCU, ARe, AINS designations and is a licensed P&C producer.
Megan E. Linkin, Ph.D., CCM Expert Parametric Nat Cat Structurer at Swiss Re Corporate Solutions
Disclaimer: All content and materials are the property of the Private Risk Management Association (PRMA) and Subject-Matter-Experts working on behalf of PRMA. Information and practices are included in the material; however, the Private Risk Management Association makes no representations or warranties with respect to the fitness or suitability of the educational content for any particular purpose beyond providing insights and information on topics of interest to the membership that require further review. The information contained is not intended and should not be construed as a recommendation for a specific client coverage or solution. Neither the Private Risk Management Association nor any expert or author providing educational content to PRMA shall be liable for any loss of profit or any commercial damages, including but not limited to special, incidental, consequential or other damages.
