{"id":9643,"date":"2025-09-11T03:44:40","date_gmt":"2025-09-11T03:44:40","guid":{"rendered":"https:\/\/iongroup.hk\/?page_id=9643"},"modified":"2025-09-22T02:45:45","modified_gmt":"2025-09-22T02:45:45","slug":"parametric","status":"publish","type":"page","link":"https:\/\/iongroup.hk\/?page_id=9643","title":{"rendered":"Parametric"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"9643\" class=\"elementor elementor-9643\" data-elementor-post-type=\"page\">\n\t\t\t\t\n        <section class=\"elementor-section elementor-top-section elementor-element elementor-element-9244147 elementor-section-stretched elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default ct-header-fixed-none ct-row-max-none\" data-id=\"9244147\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n                            <div class=\"elementor-background-overlay\"><\/div>\n                \n                        <div class=\"elementor-container elementor-column-gap-extended \">\n                    <div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4154f00\" data-id=\"4154f00\" data-element_type=\"column\" data-e-type=\"column\">\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\n                    \n                <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-627b976 elementor-section-content-middle elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default ct-header-fixed-none ct-row-max-none\" data-id=\"627b976\" data-element_type=\"section\" data-e-type=\"section\">\n                            <div class=\"elementor-background-overlay\"><\/div>\n                \n                        <div class=\"elementor-container elementor-column-gap-default \">\n                    <div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-1ca6f47\" data-id=\"1ca6f47\" data-element_type=\"column\" data-e-type=\"column\">\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\n                    \n        \t\t<div class=\"elementor-element elementor-element-83fd87f elementor-hidden-mobile elementor-widget elementor-widget-ct_heading\" data-id=\"83fd87f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ct_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"ct_heading-83fd87f\" class=\"ct-heading h-align-center sub-style1 ct-heading-left item-st-line-left3\">\n    <div class=\"ct-item--inner\">\n        <div class=\"ct-inline-css\" data-css=\"\n            \">\n        <\/div>\n                <h2 class=\"item--title st-line-left3 case-animate-time\" data-wow-delay=\"ms\">\n                        <span class=\"sp-main\">\n                \n                Global Warming Brings Disasters.\nParametric Insurance Brings Recovery.\n                \n                                    <i class=\"dot-shape\">\n                        <i><\/i>\n                        <i><\/i>\n                        <i><\/i>\n                        <i><\/i>\n                        <i><\/i>\n                        <i><\/i>\n                    <\/i>\n                            <\/span>\n                    <\/h2>\n    <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bfd4a83 wow fadeInUp elementor-widget elementor-widget-text-editor\" data-id=\"bfd4a83\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Where traditional insurance falls short, our parametric solutions step in. Using verifiable data to trigger automatic payouts, they protect against previously uninsurable climate risks\u2014ensuring swift financial recovery to safeguard your assets and revenue after a disaster.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t            <\/div>\n        <\/div>\n                    <\/div>\n        <\/section>\n                    <\/div>\n        <\/div>\n                    <\/div>\n        <\/section>\n                <section class=\"elementor-section elementor-top-section elementor-element elementor-element-5dcbde2 elementor-section-stretched elementor-hidden-desktop elementor-hidden-tablet elementor-section-boxed elementor-section-height-default elementor-section-height-default ct-header-fixed-none ct-row-max-none\" data-id=\"5dcbde2\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n                            <div class=\"elementor-background-overlay\"><\/div>\n                \n                        <div class=\"elementor-container elementor-column-gap-extended \">\n                    <div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5504b8d\" data-id=\"5504b8d\" data-element_type=\"column\" data-e-type=\"column\">\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\n                    \n                <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-adcb4c0 elementor-section-content-middle elementor-hidden-desktop elementor-hidden-tablet elementor-section-boxed elementor-section-height-default elementor-section-height-default ct-header-fixed-none ct-row-max-none\" data-id=\"adcb4c0\" data-element_type=\"section\" data-e-type=\"section\">\n                            <div class=\"elementor-background-overlay\"><\/div>\n                \n                        <div class=\"elementor-container elementor-column-gap-default \">\n                    <div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-de3f0e4\" data-id=\"de3f0e4\" data-element_type=\"column\" data-e-type=\"column\">\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\n                    \n        \t\t<div class=\"elementor-element elementor-element-dc959d5 elementor-hidden-desktop elementor-hidden-tablet elementor-widget elementor-widget-ct_heading\" data-id=\"dc959d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ct_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"ct_heading-dc959d5\" class=\"ct-heading h-align- sub-style1 ct-heading-left item-st-line-left3\">\n    <div class=\"ct-item--inner\">\n        <div class=\"ct-inline-css\" data-css=\"\n            \">\n        <\/div>\n                <h5 class=\"item--title st-line-left3 case-animate-time\" data-wow-delay=\"ms\">\n                        <span class=\"sp-main\">\n                \n                Global Warming Brings Disasters.\nParametric Insurance Brings Recovery.\n                \n                                    <i class=\"dot-shape\">\n                        <i><\/i>\n                        <i><\/i>\n                        <i><\/i>\n                        <i><\/i>\n                        <i><\/i>\n                        <i><\/i>\n                    <\/i>\n                            <\/span>\n                    <\/h5>\n    <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c3185d8 wow fadeInUp elementor-widget elementor-widget-text-editor\" data-id=\"c3185d8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Where traditional insurance falls short, our parametric solutions step in. Using verifiable data to trigger automatic payouts, they protect against previously uninsurable climate risks\u2014ensuring swift financial recovery to safeguard your assets and revenue after a disaster.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t            <\/div>\n        <\/div>\n                    <\/div>\n        <\/section>\n                    <\/div>\n        <\/div>\n                    <\/div>\n        <\/section>\n                <section class=\"elementor-section elementor-top-section elementor-element elementor-element-69862f99 elementor-section-boxed elementor-section-height-default elementor-section-height-default ct-header-fixed-none ct-row-max-none\" data-id=\"69862f99\" data-element_type=\"section\" data-e-type=\"section\">\n            \n                        <div class=\"elementor-container elementor-column-gap-default \">\n                    <div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-38f36585\" data-id=\"38f36585\" data-element_type=\"column\" data-e-type=\"column\">\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\n                    \n        \t\t<div class=\"elementor-element elementor-element-b34c773 elementor-widget elementor-widget-ct_title\" data-id=\"b34c773\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ct_title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"ct-title1 style1\">\n    <h3>\n    \t\t        <span>PARAMETRIC INSURANCE<\/span>\n\t        <i><\/i>\n\t        <\/h3>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27f4caa3 wow fadeInUp elementor-widget elementor-widget-text-editor\" data-id=\"27f4caa3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Traditional insurance often fails to cover new-era threats like<br \/>climate disruption or cyber outages. Parametric insurance closes this gap, using verified data to trigger automatic, rapid payouts when a predefined event occurs.<\/p><p>This innovative solution is essential for modern businesses seeking financial resilience\u2014offering certainty and immediate cash flow to recover from disruptions that standard policies may not cover.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-457aefe elementor-widget elementor-widget-ct_button\" data-id=\"457aefe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ct_button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"ct_button-457aefe\" class=\"ct-button-wrapper ct-button-layout1 icon-left btn--inline \">\n    <div class=\"ct-inline-css\"  data-css=\"\n        \">\n    <\/div>\n            <span class=\"ct-icon-active\"><\/span>\n        <a href=\"#enquire\" class=\"btn btn-default icon-active btn-inline-block  \" data-wow-delay=\"ms\">\n                            <span class=\"ct-button-icon ct-align-icon-left\">\n                <i aria-hidden=\"true\" class=\"far fa-hand-point-right\"><\/i>            <\/span>\n                <span class=\"ct-button-text\">ENQUIRE NOW<\/span>\n    <\/a>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\n        <\/div>\n                <div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-68a591a4\" data-id=\"68a591a4\" data-element_type=\"column\" data-e-type=\"column\">\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\n                    \n        \t\t<div class=\"elementor-element elementor-element-7a501f29 wow fadeInRight elementor-widget elementor-widget-ct_banner\" data-id=\"7a501f29\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ct_banner.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"ct-banner1 \" data-wow-delay=\"ms\">\n\t<div class=\"ct-banner-imge\">\n    \t<img fetchpriority=\"high\" decoding=\"async\" width=\"535\" height=\"536\" src=\"https:\/\/iongroup.hk\/wp-content\/uploads\/2025\/09\/ion-group-parametric-insurance.jpg\" class=\"attachment-full size-full wp-image-9647\" alt=\"\" srcset=\"https:\/\/iongroup.hk\/wp-content\/uploads\/2025\/09\/ion-group-parametric-insurance.jpg 535w, https:\/\/iongroup.hk\/wp-content\/uploads\/2025\/09\/ion-group-parametric-insurance-300x300.jpg 300w, https:\/\/iongroup.hk\/wp-content\/uploads\/2025\/09\/ion-group-parametric-insurance-150x150.jpg 150w\" sizes=\"(max-width: 535px) 100vw, 535px\" \/>        <h3 class=\"ct-banner-title\">Parametric Protection<\/h3>\n    <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\n        <\/div>\n                    <\/div>\n        <\/section>\n                <section class=\"elementor-section elementor-top-section elementor-element elementor-element-c14e78e elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default ct-header-fixed-none ct-row-max-none\" data-id=\"c14e78e\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n                            <div class=\"elementor-background-overlay\"><\/div>\n                \n                        <div class=\"elementor-container elementor-column-gap-extended \">\n                    <div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-72a4adfa\" data-id=\"72a4adfa\" data-element_type=\"column\" data-e-type=\"column\">\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\n                    \n                <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-7c02717f elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default ct-header-fixed-none ct-row-max-none\" data-id=\"7c02717f\" data-element_type=\"section\" data-e-type=\"section\">\n            \n                        <div class=\"elementor-container elementor-column-gap-extended \">\n                    <div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-cd76c9c\" data-id=\"cd76c9c\" data-element_type=\"column\" data-e-type=\"column\">\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\n                    \n        \t\t<div class=\"elementor-element elementor-element-3baf452b elementor-widget elementor-widget-ct_heading\" data-id=\"3baf452b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ct_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"ct_heading-3baf452b\" class=\"ct-heading h-align- sub-style1 ct-heading-left item-st-default\">\n    <div class=\"ct-item--inner\">\n        <div class=\"ct-inline-css\" data-css=\"\n            \">\n        <\/div>\n                <h3 class=\"item--title st-default wow wow fadeInUp\" data-wow-delay=\"ms\">\n                        <span class=\"sp-main\">\n                \n                Transparent Coverage, Rapid Recovery\n                \n                            <\/span>\n                    <\/h3>\n    <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\n        <\/div>\n                <div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-7152778a\" data-id=\"7152778a\" data-element_type=\"column\" data-e-type=\"column\">\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\n                    \n        \t\t<div class=\"elementor-element elementor-element-26c04c70 elementor-widget elementor-widget-text-editor\" data-id=\"26c04c70\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div class=\"sec-title style-ion mb-22 md-mb-22\"><div class=\"last-half\"><p>Our parametric insurance solutions, offered through our insurer partners, simplify disaster recovery through a transparent three-step process:<\/p><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t            <\/div>\n        <\/div>\n                    <\/div>\n        <\/section>\n        \t\t<div class=\"elementor-element elementor-element-ad8f8a0 elementor-widget elementor-widget-ct_fancy_box_grid\" data-id=\"ad8f8a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ct_fancy_box_grid.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t    <div id=\"ct_fancy_box_grid-ad8f8a0\" class=\"ct-grid ct-fancy-box-grid ct-fancy-box-grid2\">\n        <div class=\"ct-grid-inner ct-grid-masonry row\" data-gutter=\"7\">\n                            <div class=\"grid-item col-xl-4 col-lg-4 col-md-4 col-sm-4 col-12\">\n                    <div class=\"item--inner same-height\">\n                                                                            <div class=\"item--icon\">\n                                <img decoding=\"async\" width=\"64\" height=\"64\" src=\"https:\/\/iongroup.hk\/wp-content\/uploads\/2025\/09\/terms.png\" class=\"attachment-full\" alt=\"\" \/>                            <\/div>\n                        \n                        <h3 class=\"item--title\">    \n                            STEP 1: Define the Terms                        <\/h3>\n                        <div class=\"item--desc\">Together, we establish your policy based on verifiable parameters (e.g., cyclone wind speed and distance) and a preset indemnity, so you know exactly what is covered.<\/div>\n                                           <\/div>\n                   <div class=\"item--shadow\"><\/div>\n                <\/div>\n                            <div class=\"grid-item col-xl-4 col-lg-4 col-md-4 col-sm-4 col-12\">\n                    <div class=\"item--inner same-height\">\n                                                                            <div class=\"item--icon\">\n                                <img decoding=\"async\" width=\"64\" height=\"64\" src=\"https:\/\/iongroup.hk\/wp-content\/uploads\/2025\/09\/independent.png\" class=\"attachment-full\" alt=\"\" \/>                            <\/div>\n                        \n                        <h3 class=\"item--title\">    \n                            STEP 2: Independent Verification                        <\/h3>\n                        <div class=\"item--desc\">We rely on trusted third-party data from global agencies (including NOAA and JMA) to impartially monitor for triggering events, ensuring total objectivity.<\/div>\n                                           <\/div>\n                   <div class=\"item--shadow\"><\/div>\n                <\/div>\n                            <div class=\"grid-item col-xl-4 col-lg-4 col-md-4 col-sm-4 col-12\">\n                    <div class=\"item--inner same-height\">\n                                                                            <div class=\"item--icon\">\n                                <img loading=\"lazy\" decoding=\"async\" width=\"64\" height=\"64\" src=\"https:\/\/iongroup.hk\/wp-content\/uploads\/2025\/09\/financial-support.png\" class=\"attachment-full\" alt=\"\" \/>                            <\/div>\n                        \n                        <h3 class=\"item--title\">    \n                            STEP 3: Swift Financial Support                        <\/h3>\n                        <div class=\"item--desc\">When a trigger is met, we facilitate the claims process with the insurer to ensure you receive compensation quickly, often in a matter of days, providing immediate liquidity after a disaster.<\/div>\n                                           <\/div>\n                   <div class=\"item--shadow\"><\/div>\n                <\/div>\n                        <div class=\"grid-sizer col-xl-4 col-lg-4 col-md-4 col-sm-4 col-12\"><\/div>\n        <\/div>\n    <\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cacf868 wow fadeInUp elementor-widget elementor-widget-text-editor\" data-id=\"cacf868\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Parametric insurance minimizes your administrative burden by relying on a limited set of key data points, such as:<\/p><ul><li>Asset Location: Provided via GPS coordinates or a site address.<\/li><li>Historical Loss Data: To help calibrate the coverage (if applicable).<\/li><li>Hazard-Specific Data: For some perils, this may include feed from on-site sensors or other verified sources.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t            <\/div>\n        <\/div>\n                    <\/div>\n        <\/section>\n                <section class=\"elementor-section elementor-top-section elementor-element elementor-element-47cb6f50 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default ct-header-fixed-none ct-row-max-none\" data-id=\"47cb6f50\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n            \n                        <div class=\"elementor-container elementor-column-gap-extended \">\n                    <div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-036f037\" data-id=\"036f037\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\n                    \n        \t\t<div class=\"elementor-element elementor-element-f109cdb elementor-widget elementor-widget-spacer\" data-id=\"f109cdb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-098875f elementor-widget elementor-widget-ct_heading\" data-id=\"098875f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ct_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"ct_heading-098875f\" class=\"ct-heading h-align- sub- ct-heading-left item-st-line-left1\">\n    <div class=\"ct-item--inner\">\n        <div class=\"ct-inline-css\" data-css=\"\n            \">\n        <\/div>\n                <h3 class=\"item--title st-line-left1 case-animate-time\" data-wow-delay=\"ms\">\n                        <span class=\"sp-main\">\n                                    <i><\/i>\n                \n                FAQ\n                \n                            <\/span>\n                    <\/h3>\n    <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b1992a9 e-flex e-con-boxed e-con e-parent\" data-id=\"b1992a9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c5451af elementor-widget elementor-widget-ct_accordion\" data-id=\"c5451af\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ct_accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t    <div id=\"ct_accordion-c5451af\" class=\"ct-accordion layout1 style1 \">\n                    <div class=\"ct-accordion-item active\">\n                <div class=\"ct-ac-title active\" data-target=\"#acacd61ct_accordion-c5451af\">\n                    <a class=\"ct-ac-title-text\">\n                                                                        1. What types of damages are covered?                        <i class=\"ct-icon-accordion\"><\/i>\n                    <\/a>\n                <\/div>\n                <div id=\"acacd61ct_accordion-c5451af\" class=\"ct-ac-content\" style=\"display:block;\"><p>A parametric policy covers any economic loss sustained from a triggering event including but not limited to property damage, business interruption, and extra expenses. There does not have to be direct physical damage to trigger coverage.<\/p><\/div>\n            <\/div>\n                    <div class=\"ct-accordion-item \">\n                <div class=\"ct-ac-title \" data-target=\"#1d7350fct_accordion-c5451af\">\n                    <a class=\"ct-ac-title-text\">\n                                                                        2. How is the payout structure determined?                        <i class=\"ct-icon-accordion\"><\/i>\n                    <\/a>\n                <\/div>\n                <div id=\"1d7350fct_accordion-c5451af\" class=\"ct-ac-content\"><p>The payout structure is designed by our insurer partners based on your specific needs. We will work with you to design a custom structure that typically uses circular zones (like a bullseye) around your location. Each zone has a pre-agreed payout value that is triggered if a event of a certain intensity reaches it. Our role is to facilitate this process, ensure the terms are clear, and negotiate the best structure on your behalf.<\/p><\/div>\n            <\/div>\n                    <div class=\"ct-accordion-item \">\n                <div class=\"ct-ac-title \" data-target=\"#46d32d1ct_accordion-c5451af\">\n                    <a class=\"ct-ac-title-text\">\n                                                                        3. How does the claims process work?                        <i class=\"ct-icon-accordion\"><\/i>\n                    <\/a>\n                <\/div>\n                <div id=\"46d32d1ct_accordion-c5451af\" class=\"ct-ac-content\"><p>In the event of a potential loss, our streamlined process ensures clarity and rapid resolution.<\/p><ol><li>Notification: The process begins when you, the client, notify us (your broker- ION Group HK Ltd) and\/or the risk carrier (the insurer).<\/li><li>Insurer Verifies the Data: The insurer collects the final data from an independent certification agent to authoritatively determine if the policy was triggered and to what level.<\/li><li>Insurer Issues the Report: Based on this data, the insurer produces an event report that details the payable amount according to your policy's terms.<\/li><li>You Submit the Declaration: You then provide a formal Declaration of Loss Statement to the insurer.<\/li><li>You Receive Payout: The insurer issues the payout directly to you, as stipulated in the policy, ensuring swift financial support for recovery.<\/li><\/ol><p>Our Role as Your Broker: We guide you through each step, facilitate communication with the insurer, and ensure the process is executed fairly and efficiently on your behalf.<\/p><\/div>\n            <\/div>\n                    <div class=\"ct-accordion-item \">\n                <div class=\"ct-ac-title \" data-target=\"#e9aa91ect_accordion-c5451af\">\n                    <a class=\"ct-ac-title-text\">\n                                                                        4.Why is the index based on sustained wind speed?                        <i class=\"ct-icon-accordion\"><\/i>\n                    <\/a>\n                <\/div>\n                <div id=\"e9aa91ect_accordion-c5451af\" class=\"ct-ac-content\"><p>To ensure objective and reliable triggers for parametric policies, our insurer partners use the maximum sustained wind speed\u2014specifically the one-minute sustained wind speed\u2014as reported by the Joint Typhoon Warning Center (JTWC).<\/p><p><br \/>This metric represents the highest average wind speed measured over a one-minute period within the storm, typically observed near its center. It offers a more consistent and accurate correlation with potential damage compared to gust wind speed, which can be short-lived and less representative of the storm\u2019s overall destructive force.<\/p><p>By relying on sustained wind speed\u2014a standard used by meteorological agencies worldwide\u2014we help ensure that trigger determinations are based on stable, verifiable data, leading to faster and more transparent payouts.<\/p><\/div>\n            <\/div>\n                    <div class=\"ct-accordion-item \">\n                <div class=\"ct-ac-title \" data-target=\"#214e163ct_accordion-c5451af\">\n                    <a class=\"ct-ac-title-text\">\n                                                                        5. Who is the data provider?                        <i class=\"ct-icon-accordion\"><\/i>\n                    <\/a>\n                <\/div>\n                <div id=\"214e163ct_accordion-c5451af\" class=\"ct-ac-content\"><p>Our insurer partners rely exclusively on objective, third-party data from the world\u2019s most authoritative meteorological agencies to verify triggering events. This ensures full transparency and enables swift, unbiased claims resolution.<\/p><ul><li>In Southeast Asia, policies are triggered using storm track and intensity data provided by the Joint Typhoon Warning Center (JTWC).<\/li><li>In other regions, equivalent agencies are used\u2014such as the National Hurricane Center (NHC) and NOAA in the United States, the Bureau of Meteorology (BOM) in Australia, and the Japan Meteorological Agency (JMA).<\/li><\/ul><\/div>\n            <\/div>\n            <\/div>\n    \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\n        <\/div>\n                <div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-1b57503e\" data-id=\"1b57503e\" data-element_type=\"column\" data-e-type=\"column\" id=\"enquire\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\n      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elementor-widget-ct_heading\" data-id=\"2c15dac2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ct_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"ct_heading-2c15dac2\" class=\"ct-heading h-align- sub-style1 ct-heading-left item-st-default\">\n    <div class=\"ct-item--inner\">\n        <div class=\"ct-inline-css\" data-css=\"\n            \">\n        <\/div>\n                <h3 class=\"item--title st-default case-animate-time\" data-wow-delay=\"ms\">\n                        <span class=\"sp-main\">\n                \n                Enquire\n                \n                            <\/span>\n                    <\/h3>\n    <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5a900fa9 elementor-widget elementor-widget-text-editor\" data-id=\"5a900fa9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Send us a message when we would be glad to assist you.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d36cfdd elementor-widget elementor-widget-ct_ctf7\" data-id=\"2d36cfdd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ct_ctf7.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t    <div class=\"ct-contact-form-layout1 style1 wow fadeInUp\">\n                <div class=\"ct-contact-form-inner\">\n        \t            <div class=\"ct-contact-form\">\n                \n<div class=\"wpcf7 no-js\" id=\"wpcf7-f91-o1\" lang=\"en-US\" dir=\"ltr\" data-wpcf7-id=\"91\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/index.php?rest_route=%2Fwp%2Fv2%2Fpages%2F9643#wpcf7-f91-o1\" method=\"post\" class=\"wpcf7-form init cf7mls-no-scroll 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Insurance<\/option><option value=\"Health Insurance\">Health Insurance<\/option><option value=\"Car Insurance\">Car Insurance<\/option><option value=\"Cyber Insurance\">Cyber Insurance<\/option><option value=\"Home Insurance\">Home Insurance<\/option><option value=\"Business Insurance\">Business Insurance<\/option><option value=\"Pet Insurance\">Pet Insurance<\/option><option value=\"Travel Insurance\">Travel Insurance<\/option><\/select><\/span>\n\t<\/p>\n<\/div>\n<div class=\"input-filled\">\n\t<p><span class=\"wpcf7-form-control-wrap\" data-name=\"your-employment\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text\" aria-invalid=\"false\" placeholder=\"Your Employment\" value=\"\" type=\"text\" name=\"your-employment\" \/><\/span>\n\t<\/p>\n<\/div>\n<div class=\"input-filled col-12\">\n\t<p><div id=\"cf7sr-69fb30ee253b0\" class=\"cf7sr-g-recaptcha\" data-theme=\"light\" data-type=\"image\" data-size=\"normal\" data-sitekey=\"6LdXmKYrAAAAADsZVHte3c1Q4AKdcnhUoEBN7EJC\"><\/div><span class=\"wpcf7-form-control-wrap cf7sr-recaptcha\" data-name=\"cf7sr-recaptcha\"><input type=\"hidden\" name=\"cf7sr-recaptcha\" value=\"\" class=\"wpcf7-form-control\"><\/span>\n\t<\/p>\n<\/div>\n<div class=\"input-filled col-12\">\n\t<p><img decoding=\"async\" src=\"https:\/\/iongroup.hk\/wp-content\/uploads\/2025\/08\/lock.svg\" style=\"height: 1.5rem;\" \/>We respect your privacy and committed to protecting your personal data. Your data will be processed in accordance with our <a href=\"https:\/\/iongroup.hk\/?page_id=9169\" target=\"_blank\" style=\"text-decoration: underline !important;\">Privacy Policy<\/a>. <a href=\"https:\/\/iongroup.hk\/?page_id=9177\" style=\"text-decoration: underline !important;\">Terms & Conditions<\/a> applies.\n\t<\/p>\n<\/div>\n<div class=\"input-filled\">\n\t<p><button type=\"submit\" class=\"wpcf7-submit btn btn-block\"><i class=\"fac fac-check-circle space-right\"><\/i>Get Quote Now<\/button>\n\t<\/p>\n<\/div><p style=\"display: none !important;\" class=\"akismet-fields-container\" data-prefix=\"_wpcf7_ak_\"><label>&#916;<textarea name=\"_wpcf7_ak_hp_textarea\" cols=\"45\" rows=\"8\" maxlength=\"100\"><\/textarea><\/label><input type=\"hidden\" id=\"ak_js_1\" name=\"_wpcf7_ak_js\" value=\"109\"\/><script>document.getElementById( \"ak_js_1\" ).setAttribute( \"value\", ( new Date() ).getTime() );<\/script><\/p><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<\/form>\n<\/div>\n            <\/div>\n        <\/div>\n            <\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\n        <\/div>\n                    <\/div>\n        <\/section>\n                    <\/div>\n        <\/div>\n                    <\/div>\n        <\/section>\n        \t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Global Warming Brings Disasters. Parametric Insurance Brings Recovery. Where traditional insurance falls short, our parametric solutions step in. Using verifiable data to trigger automatic payouts, they protect against previously uninsurable climate risks\u2014ensuring swift financial recovery to safeguard your assets and revenue after a disaster. Global Warming Brings Disasters. Parametric Insurance Brings Recovery. Where traditional insurance [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-9643","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/iongroup.hk\/index.php?rest_route=\/wp\/v2\/pages\/9643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iongroup.hk\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/iongroup.hk\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/iongroup.hk\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/iongroup.hk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9643"}],"version-history":[{"count":13,"href":"https:\/\/iongroup.hk\/index.php?rest_route=\/wp\/v2\/pages\/9643\/revisions"}],"predecessor-version":[{"id":10160,"href":"https:\/\/iongroup.hk\/index.php?rest_route=\/wp\/v2\/pages\/9643\/revisions\/10160"}],"wp:attachment":[{"href":"https:\/\/iongroup.hk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}