Business can be fragile in the wake of a quake. However, each year approximately 90% of California insureds choose not to buy Earthquake insurance.
That’s why Amwins is excited to offer our clients access to Shake and Pay, a unique Earthquake parametric solution.
As a parametric insurance product, Shake and Pay is different from a traditional indemnity policy.
Lower limits and minimum premiums
Shake and Pay offers all the benefits of a traditional parametric product with limits ranging from $50K to $5M and minimum premium as low as $2,250. This range of limits, which was previously unattainable, allows Insureds of all sizes to protect themselves like never before.
Speed to market: the exclusive Amwins advantage
Typical parametric insurance can take months to develop and refine before a quote is provided. With standard triggers and rates, coverage can be quoted and bound in as little as 10 minutes through Shake and Pay’s online platform.
As a true specialist with a deep understanding of parametric solutions, this online quoting option is only available through Amwins.
