“Hurricane PM is now available to complement the traditional, indemnity-based coverages available in the insurance market to enable a more complete solution to the losses caused by hurricanes.” New Paradigm Underwriters has launched a new insurance transfer policy designed to protect property and businesses from losses caused by hurricanes Most insurances only cover a fraction of the total losses a storm causes , however New Paradigm 's Hurricane PM fills all the gaps in traditional insurance . Furthermore instead of waiting for months for payment , Hurricane PM intends to facilitate insurance payments within days or weeks of the named storm .
New Paradigm Underwriters has launched a new insurance transfer policy designed to protect property and businesses from losses caused by hurricanes Most insurances only cover a fraction of the total losses a storm causes , however New Paradigm 's Hurricane PM fills all the gaps in traditional insurance . Furthermore instead of waiting for months for payment , Hurricane PM intends to facilitate insurance payments within days or weeks of the named storm .