Vortex offers relief through parametric coverage after hurricanes Helene and Milton

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Vortex offers relief through parametric coverage after hurricanes Helene and Milton

Vortex Weather Insurance, a provider specialising in parametric insurance solutions, highlights that the damage caused by Hurricanes Helene and Milton, exceeding $100 billion, left many businesses with significant out-of-pocket expenses, as traditional insurance often comes with high deductibles and exclusions for certain types of damage. However, businesses covered by Vortex Weather Insurance’s parametric hurricane policies received swift payou…