Parametric policies
What is parametric insurance policy?
A parametric insurance policy is a coverage that is triggered by the occurrence of a specific, measurable, and contractually defined event. The insured doesn't need to do anything — we take care of everything. As soon as the event occurs, we reach out and immediately pay the claim. There’s no need to estimate the damage through a loss adjuster: what matters is simply that the event has occurred. How is this possible? Thanks to data analysis, we can identify a strong correlation between the event and the damage, enabling us to automatically open the claim as soon as the event is confirmed — without any adjuster involved. But who certifies the event? Oracles — independent third parties that verify whether, for example, it rained beyond a certain threshold or a flight was delayed
Our technology infrastructure — based on smart contracts and blockchain — ensures automatic activation, fast and reliable payments, and full transparency at every stage.
Energy
No accident reportsActivation is fully automated: REVO proactively contacts the client as soon as the event occurs.
The indemnity is disbursed immediately, without delays or waiting times.No waiting, the refund is recognized immediately after the event occurs
Clarity and simplicityParametric products are straightforward to explain and seamlessly integrated into the partner’s offering
Blockchain technology enables us to generate insurance policies through “smart contracts”: digital contracts that are legally valid and executed automatically when an event occurs.
REVO’s parametric insurance solutions simplify life or even revolutionize the insurance world.
The client doesn’t need to do anything: no claim to file, no waiting, no uncertainty. The indemnity is paid automatically, right after the event, with no bureaucracy involved. The entire process is transparent, verifiable, and built on reliable data sources, delivering speed, simplicity, and trust at every stage.
Looking to enrich your offering?
Our integration solutions fully leverage the potential of
, REVO’s proprietary platform.
Thanks to a natively open architecture, platforms, marketplaces, and intermediaries can easily connect via API.
Coverage can be offered in two ways:
The coverage is offered directly at checkout as an additional option.
Spiagge.it is an online platform for booking beach umbrellas and sunbeds. The company’s main challenge was to encourage earlier bookings, which were typically made at the last minute due to the risk of bad weather. Thanks to REVO’s weather parametric insurance, Spiagge.it achieved two key benefits: 1. Earlier cash flow from advance bookings 2. Peace of mind for customers, who receive instant reimbursement in case of bad weather. The product is fully integrated into Spiagge.it’s purchase funnel, enhancing the overall customer experience
What do we cover?
Weather
Travels
Energy
Natural disasters
Agriculture
Why work with REVO?
Flexible, embedded model 
Dedicated technical and commercial support 
Documented and easy-to-use APIs 
Blockchain tracking: transparent and verifiable What our partners say
“REVO’s automatic and data-driven solutions, based on real-time objective data, allowed us to create tailor-made coverages for ADR Mobility, offering a much smoother experience compared to traditional models.”
- Fabizio Papi - REVO Agent, Commercial Director at Gruppo Today
“With REVO, we’ve turned what used to be a long-standing challenge for the beach sector — the uncertainty of reservations caused by bad weather — into a real opportunity: seamless simplicity, automation, and tangible results, delivered straight to the sunbed.”
- Gabriele Greco - CEO & equity partner of Spiagge.it
“A streamlined, innovative, and transparent process: with REVO, the customer receives compensation without having to submit documentation, strengthening trust in the product.”
- Elisa Garrone - REVO Agent, Insurance Travel Italia