Adaptive targets $67bn power outage gap with parametric product
GeneralInsurance Business

Adaptive targets $67bn power outage gap with parametric product

Jul 9th, 2026 • 5 minView 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.