Carolyn Kousky of the Wharton School discussed how “parametric insurance” benefits people after natural disasters. “With a parametric policy, the payout is only related to some independent measure of the disaster itself,” she said.
https://www.wbur.org/hereandnow/2021/11/05/coral-reef-insurance-mexico “Here & Now with Robin Young and Jeremy Hobson,” WBUR-Radio (Boston)