The global protection gap—the difference between insured and uninsured losses—continues to widen. Climate change, economic volatility, cyber risk, and demographic shifts are accelerating exposure faster than traditional insurance models can respond. Much of today’s insurance response focuses on risk mitigation: encouraging stronger buildings, better cyber hygiene, or safer behavior. These measures matter, but they largely…

The EPIC Parametric “Climate” Insurance will be launched in selected markets during 2026.