Overview
Parametriks is a predictive underwriting and risk analytics platform for (re)insurance companies and brokers. Founded in 2022 and headquartered in Paris, the company provides an AI-driven SaaS platform that enables insurance carriers, reinsurers, and brokers to shift from reactive claims management to proactive risk prevention in P&C and specialty lines.
The platform combines IoT sensor data, machine learning, and real-time analytics to power four core product modules: risk prediction (SafeGuard), claims triage and fraud detection (ClaimSense), dynamic premium pricing (RapidRate), and big data trend analysis (PredictEdge). The platform is delivered via API-integrated cloud infrastructure built on AWS, with data warehouse capabilities through Snowflake and IoT data management via Amazon IoT TwinMaker.
Parametriks was founded by Thomas Fayon, previously a co-founder of Shift Technology and a UC Berkeley SkyDeck Fellow. The company has backing from Berkeley SkyDeck Fund and Vessoa Private Equity, and maintains regional operations in Singapore for Asia-Pacific expansion. It was featured in the 2026 AI Tech Radar as one of 100 AI innovations transforming insurance.
Products & Services
SafeGuard
Predictive risk engine that uses IoT sensor data and historical claims analytics to identify and anticipate fire, flood, theft, and fragility risks before they result in claims.
Key Features
- Real-time sensor data ingestion and monitoring
- Early warning and loss prevention triggers
- Historical claims pattern analysis
Target Users: P&C carriers, reinsurers, facility managers
ClaimSense
AI-powered claims triage and processing system that accelerates claims settlement and detects fraud through anomaly detection algorithms.
Key Features
- Automated claims triage and routing
- Fraud detection via anomaly detection
- Accelerated settlement workflows
Target Users: Carriers, TPAs, claims adjusters
RapidRate
Dynamic premium pricing engine that generates instant, data-driven quotes based on real-time risk profiles rather than static actuarial tables.
Key Features
- Real-time risk data-driven pricing
- Personalized premium adjustments
- Instant quote generation
Target Users: Carriers, MGAs, brokers
PredictEdge
Big data intelligence platform for anticipating risk trends across mobility, crop, healthcare, and other sectors.
Key Features
- Cross-sector trend forecasting
- Emerging risk pattern identification
- Market opportunity analytics
Target Users: Reinsurers, actuarial and product teams
At a Glance
- Founded
- 2022
- Headquarters
- Paris, France
- Employees
- 11-50
- Funding
- Seed
Category & Focus
- Category
- Underwriting & Risk
- Subcategories
- Predictive Analytics Risk Scoring Claims Fraud Detection Dynamic Pricing
- Insurance Verticals
- P&C Commercial Specialty/E&S Reinsurance
- Target Customers
- Carriers, Reinsurers, Brokers, MGAs/MGUs
Customers
- Insurance companies, reinsurers, and brokers (not individually named publicly)
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Last updated: 2026-06-29