Podcast: what is parametric insurance?

It sounds like deep industry jargon, and the Wikipedia entry on the subject hardly helps. The reality is that parametric insurance is very simple; arguably simpler and certainly more objective and transparent than traditional insurance policies.

This was the subject of discussion when I sat down with Mike Baliman of the London Fintech Podcast a couple of months ago, via cricket, catastrophe modelling, computer power, and (cheerily), death.

Have a listen here.