
GeneralInsurance Business
Adaptive targets $67bn power outage gap with parametric product
Jul 9th, 2026 • 5 min • View Source
The Austin MGA's GridProtect targets a gap that cost US businesses $121bn in 2024, per the Department of Energy
Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.
Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.