We take care of building cutting-edge technology so you can focus on using it to protect your customers
With Baoba’s platform you can protect your customers from everyday disruptions and unexpected events with fully automated and highly efficient parametric solutions.
Our Parametric Policy Types
Real-time protection in case of a flight delay or cancelation. Give your customers instant access to over 1200+ airport VIP lounges globally, or cash payments in 180+ countries/currencies.
Automatic payouts and benefits if weather interferes with your customers’ safety and comfort for a variety of use cases including travel, events, and much more!
We’re Building the Future of Parametric Insurance Technology
Manage your parametric portfolios with one, full-service infrastructure platform
Create
Fully customize policy parameters, pricing, and customer experience design, moving from concept to execution with ease. Model risk scenarios and tailor parameters, reducing development effort and increasing your underwriting accuracy.
Launch
We handle all technical releases and maintenance, accelerating time-to-market. Deloyment to your sales channels is as simple as clicking a button. Baoba saves you the time and money to build the extensive physical infrastructure yourself.
Operate
Continuously monitor and optimize your parametric policies. Track performance data, review claims, and adjust policy parameters to maintain effective and relevant coverage for your customer segments.
How does parametric insurance work?
Parametric insurance protects customers as soon as an event happens
1
Policy Purchased
2
Event Occurs (e.g. flight delay)
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Verified by
3rd -Party Data
4
Automated Claims
1
Policy Purchased
2
Event Occurs (e.g. flight delay)
3
4
Automated Claims
