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Tech Talk: Parametric Struggles to Scale: What Meteorologists See That Others Miss
Parametric insurance has never had access to more weather data. Yet many products still struggle to scale beyond catastrophe risk.
The problem is not the data itself. It is the translation between weather and loss. In this talk, Ruben Hallali, CEO of Sereno, explains why the trigger, the heart of every parametric contract, is often built on the wrong weather metric. Using port disruption and demurrage as a case study, he shows how a meteorologist’s perspective changes index design: from generic thresholds to weather signals that reflect real operational disruption.
By combining granular weather intelligence, machine learning and historical backtesting, Sereno builds what it calls decision-grade indices: triggers that are meteorologically robust, operationally relevant, auditable, and simple enough to put into a contract.
The talk argues that this weather engineering layer is the missing piece for parametric insurance to reach its next stage of growth.
