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Parametrix has announced the hiring of three specialists to bolster its cyber, contingent business interruption, and data center insurance solutions. The new hires include two former At-Bay executives and a real estate finance specialist from Citizens Bank.

This move is in response to the growing demand for innovative solutions in managing cyber risks and technology downtime. The new team members will enhance underwriting, distribution, and claims execution. Parametrix aims to expand its cyber underwriting team and improve its offerings for brokers as business interruption and SLA performance risks become critical for clients.