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https://www.aon.com/en/insights/articles/using-parametric-insurance-to-match-capital-to-climate-risk?collection=24b4fcaf-0931-4b03-a62f-82075aa3eb13&parentUrl=/en/insights/articles/managing-cyber-risk-through-return-on-security-investment
Parametric insurance can dovetail traditional insurance solutions and lower the total cost of risk by allowing an organization to increase its program retention and fund a portion of a parametric solution with the associated premium savings