Shubharoop Ghosh attended the From Awareness to Action: Advancing Disaster Risk Protection for Workers through Parametric Insurance in Honduras conference

12 May 2026

Shubharoop Ghosh attended the From Awareness to Action: Advancing Disaster Risk Protection for Workers through Parametric Insurance in Honduras conference on April 22, 2026. The event was held at the Convention Center Copantl in San Pedro Sula, Honduras and was organized by Europa Re Ltd. InsuResilience Solutions Fund (ISF), and ImageCat with strong support from Comisión Permanente de contingencias (COPECO).

Honduras experiences frequent tropical storms and hurricanes, which are catalysts to severe flooding, particularly in the Sula Valley-the industrial and economic center of Honduras. With the increasing risk and impacts of climate change, coupled with global economic interdependencies, insurance is relied upon for resiliency. Payouts from traditional insurance can be slower than needed and generally cover businesses, but not the workers on whom the businesses rely. Parametric insurance offers a solution to this problem.

The conference was held to encourage discussions about solutions parametric insurance may offer, addressing topics ranging from data-driven insights, business continuity, basis risk, and market case studies. bring together the key players, get government support, generate market interest, and raise awareness about parametric products.

ImageCat’s session, moderated by Shubharoop Ghosh, was titled Data Driven Insights – Developing Parametric Insurance Markets. Panelists included Patricia Fernández from RSS-Hydro, Martin Portillo from CCRIF,     Francisco Argenal from CENAOS, and Luis Da Costa from the Center for Studies and Development of the Sula Valley.

Other session included Expanding Insurance Protection Against Climate Risks- a business focused panel with Seguros del País (insurance co), Honduran Association of Insurers (CAHDA), Insurance Broker and Honduran Association of Insurance Brokers (CAHDECOSE); Climate Risk and Business Continuity: Why Protecting Workers, with Claudia Herrera as Moderator, and participants FUNDAHRSE, COHEP, and the President of the Mexican Association of Insurance Companies; and Market Experience Case Studies, with Banrural, Guy Carpenter, and Lockton.