| Founded | 2020 |
|---|---|
| Closed | 2024 |
| Country | UK |
| Sector | Insurtech |
| Collapse type | Regulatory Kill |
| Founder | James Aldred, Priya Patel |
Parametrix Climate
"Parametric insurance that triggered payouts—just not for the right losses."
Forced closure by regulatory action
Key Events Timeline
Parametrix Climate raised £12M in 2022 from Anthemis Group to offer parametric rainfall insurance to UK SMEs.
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