Parametrix

Parametrix is an Israeli insurtech company focused on cloud outage insurance. Its core product automatically pays out when major cloud and internet service providers — such as AWS, Azure, and GCP — experience downtime, without requiring the insured to file a traditional claim.

Parametrix's primary product is business interruption insurance triggered by the failure of third-party cloud and digital infrastructure providers. Rather than following a conventional claims process in which the policyholder must demonstrate and document losses, payouts are activated automatically based on objective uptime monitoring data for the relevant cloud provider. The typical buyers are technology companies and other businesses that depend heavily on public cloud infrastructure.

Detailed public information about Parametrix's specific Israeli office locations, local headcount, and hiring profile is not available to me at a sufficient level of confidence to include here.