K2 launches parametric MGA headed by Swiss Re’s Carpinteri
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K2 launches parametric MGA headed by Swiss Re’s Carpinteri

K2 Insurance Services logo San Diego .jpg

K2 Insurance has launched a parametric MGA that will be led by former Swiss Re executive Scott Carpinteri.

The new entity, called K2 Parametric, offers policies that pay pre-agreed claim amounts based on local parameters of measurable events, such as hurricanes or earthquakes.

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