Reinsurance News
Skyline Partners
Skyline and the European Space Agency partner on parametric wildfire and drought solutions
3rd April 2025
Skyline Partners Ltd., a parametric outsourcing platform provider, has launched a joint project with the European Space Agency to utilise space assets and technology to efficiently provide parametric insurance products for drought and wildfire risks globally. The Business Applications and Space Solutions programme of the European Space Agency will be heading ... Read the full article
Skyline and Munich Re’s parametric protection for Jamaican farmers triggered by Beryl
3rd September 2024
Parametric insurance catalyser Skyline Partners and reinsurance giant Munich Re have revealed that a claim triggered by Hurricane Beryl has been paid to the Jamaican Co-operative Credit Union League (JCCUL). The payment was due under a parametric insurance policy first issued in April 2022, subsequently renewed by Munich Re, which protects ... Read the full article
Skyline Partners to work with risk expert MacDonald for parametric support
7th July 2023
Broking veteran Ken MacDonald is to advise and support Skyline Partners’ clients in product development, distribution, and funding, through MacDonald’s newly launched Ri3K Consulting, the parametric specialist has announced. “Parametric structures are rapidly being adopted as a credible and extremely efficient alternative to conventional risk transfer. They are delivering a radical ... Read the full article
Skyline partners with Spire Global to bring satellite observation to parametric insurance
12th June 2023
Skyline Partners, a parametric specialist, has partnered up with Spire Global, a global provider of space-based data, analytics and space services, to bring the capabilities of satellite observation to parametric insurance. Both firms will work together to develop new risk transfer tools which will ultimately help close the coverage gap for ... Read the full article
Skyline Partners names Christophe Neves as continental European representative
7th June 2023
Parametric specialist, Skyline Partners has appointed Christophe Neves as its continental European representative. Neves, a market veteran with extensive experience in the insurance industry, will be based in Paris and will primarily focus on business development and client relations as Skyline expands its parametric services to customers in France and beyond. Having ... Read the full article
NFU Mutual launches innovative parametric heat-stress insurance for dairy farmers
23rd May 2023
NFU Mutual, the leading rural insurer in the UK, has partnered with parametric insurance specialist Skyline Partners, insurer Markel, and broker Gallagher to introduce a groundbreaking insurance product designed specifically for dairy farmers. This parametric heat-stress insurance, the first of its kind in the UK, aims to mitigate the risks and ... Read the full article
Skyline appoints former Charles Taylor CEO to executive board
30th May 2022
Skyline has appointed former Charles Taylor CEO David Marock to its board. The firm announced in a statement that Marock will support the executive team as they continue to grow the UK business and scale into a leader in the parametric space, worldwide. This strategic appointment follows Skyline’s recent additional $1.75m ... Read the full article
Skyline gains $1.75m in further funding from West Hill to support next growth phase
18th May 2022
Parametric specialist, Skyline Partners has announced that it has gained an additional US$1.75mil in further funding from specialist corporate finance and VC firm, West Hill Capital, bringing the total raised so far to US$3.5mil from the firm and others. The new funding round will support Skyline’s continued expansion, following increasing traction ... Read the full article
Howden, Munich Re & Skyline develop parametric solution for Jamaican farmers
27th April 2022
Broker Howden has partnered with global reinsurer Munich Re and Skyline Partners, a private-equity funded UK insurtech, to develop a parametric insurance solution designed to protect farmers in Jamaica from extreme weather events. With farming being the main the source of income for roughly 18% of the Jamaican population, adverse weather ... Read the full article
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