Parametric insurance may offer businesses a level of coverage customization that traditional insurance struggles to match as insureds can tailor policies to their needs. (Credit: Rawf8/Adobe Stock) Parametric insurance may offer businesses a level of coverage customization that traditional insurance struggles to match as insureds can tailor policies to their needs. (Credit: Rawf8/Adobe Stock)

The commercial-property insurance landscape is undergoing a notable evolution, marked by a discernible shift toward non-traditional solutions.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor