As a wholesaler specializing in parametric products, we have access to financially strong carriers providing Named Storm coverage tailored to meet your client’s needs. In the event of a named storm, eligibility for a loss payment is based on the category of a storm and distance of the storm track to the property location(s). Data used for claims settlement is publicly available from the National Hurricane Center.


All 50 U.S. states

Who can benefit
  • Real Estate
  • Colleges, Universities, and other Educational Institutions
  • Energy, Power, and Utilities
  • Resorts and Hotels
  • Manufacturing
  • Casinos
  • Sports Stadiums
  • Farms and Farm Facilities
  • Business Interruption
  • And Much More!

How it works

Coverage triggers are pre-determined, and loss payments are made based on the category of a storm and distance of the storm track to the property location(s).

An example structure

For informational purposes only. Actual coverage may vary by carrier.

Businesses that operate in hurricane exposed areas are facing higher prices and higher deductibles for their property coverage. On top of that, losses in revenue caused by business interruption are not covered by traditional property insurance. Parametric named storm coverage can fill the property loss and business interruption coverage gap for your client.

Contract structure
Commercial Property Developer
Named storm
full limit recovery
Payouts Based on
Wind Speed and Distance to Storm Track
payout table example
x% for Cat 3 within 30 miles
y% for Cat 4 within 20 miles
z% for Cat 5 within 10 miles
Daily threshold
limit paid at
Payment per category
time period
Coverage trigger
Cat 1 | Cat 2 | Cat 3 | Cat 4 | Cat 5
data source
National Hurricane Center
Payout profile

Next steps

If you're an agent, you can request a premium indication
Get started
If you have a question?
Contact us