Lloyd’s partners with start-up Bounce for NZ parametric quake risk
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Lloyd’s partners with start-up Bounce for NZ parametric quake risk

Catrin Shi
22 March 2021
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Lloyd’s has launched a new parametric earthquake insurance policy in New Zealand in partnership with start-up Bounce.

The product is designed to offer affordable earthquake insurance and pay claims quickly, by leveraging real-time GeoNet data to automatically pay customers within five days following a strong earthquake.

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Catrin Shi
Editor-in-chief, Insurance Insider
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