--- title: "Redefining Indemnity Insurance: Mark Groenheide, CRO of NormanMax on Parametric Insurance" description: Explore parametric insurance with Mark Groenheide, CRO of NormanMax, as he discusses its evolution, practical applications, & future in the insurance industry. image: https://insnerds.com/hubfs/Groehheide%20thumbnail.webp --- # Redefining Indemnity Insurance: Mark Groenheide, CRO of NormanMax on Parametric Insurance [![Picture of Nicholas Lamparelli](https://insnerds.com/hubfs/Nick%20Lamparelli(Headshot%20GS).jpg) Nicholas Lamparelli ](https://insnerds.com/insights/author/nicholas-lamparelli) : Apr 21, 2025 11:49:12 AM [Assignment of Benefits](https://insnerds.com/insights/tag/assignment-of-benefits) [Parametric Insurance](https://insnerds.com/insights/tag/parametric-insurance) ![Redefining Indemnity Insurance: Mark Groenheide, CRO of NormanMax on Parametric Insurance](https://insnerds.com/hubfs/Groehheide%20thumbnail.webp) Join Nick as he sits down with [Mark Groenheide](https://www.linkedin.com/in/mark-groenheide/), CRO of [NormanMax Insurance Services](https://www.linkedin.com/company/normanmax-insurance-solutions-main/posts/?feedView=all), a seasoned commercial underwriter and parametric enthusiast. Mark discusses the evolution and significance of parametric insurance, sharing insights from his career spanning underwriting, risk transfer, and the founding of a Lloyd's Syndicate.  Learn about the practical applications of parametric insurance, its potential to address gaps in traditional indemnity policies, and its future in the insurance landscape. For insurance professionals looking to stay ahead of industry trends.         [![Kate Terry, CEO of Surround Insurance on US Homeowners Insurance Price Discrepancies (AoB S1E12)](https://insnerds.com/hubfs/Imported_Blog_Media/Lamparelli-100x100-Jan-03-2025-02-36-07-3231-AM.jpg) ](https://insnerds.com/insights/kate-terry-ceo-of-surround-insurance-on-us-homeowners-insurance-price-discrepancies-aob-s1e12) 1 min read #### [Kate Terry, CEO of Surround Insurance on US Homeowners Insurance Price Discrepancies (AoB S1E12)](https://insnerds.com/insights/kate-terry-ceo-of-surround-insurance-on-us-homeowners-insurance-price-discrepancies-aob-s1e12) ![Picture of Nicholas Lamparelli](https://insnerds.com/hs-fs/hubfs/Nick%20Lamparelli(Headshot%20GS).jpg?width=30&name=Nick%20Lamparelli(Headshot%20GS).jpg) [Nicholas Lamparelli](https://insnerds.com/insights/author/nicholas-lamparelli) : Aug 24, 2024 12:00:00 AM Kate Terry, CEO of Surround Insurance on US Homeowners Insurance Price Discrepancies (AoB S1E12) by Nicholas Lamparelli This episode of The... 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[Assignment of Benefits](https://insnerds.com/insights/tag/assignment-of-benefits) [Podcast](https://insnerds.com/insights/tag/podcast) [Video](https://insnerds.com/insights/tag/video) [Read More](https://insnerds.com/insights/werner-kruck-on-revolutionizing-insurance-data-sharing-with-openidl-assignment-of-benefits-podcast-s1e2) ![](https://px.ads.linkedin.com/collect/?pid=7110236&fmt=gif) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Nicholas Lamparelli", "url" : "https://insnerds.com/insights/author/nicholas-lamparelli" }, "dateModified" : "2025-04-21T15:49:12.865Z", "datePublished" : "2025-04-21T15:49:12.000Z", "headline" : "Redefining Indemnity Insurance: Mark Groenheide, CRO of NormanMax on Parametric Insurance", "image" : [ "https://insnerds.com/hubfs/Groehheide%20thumbnail.webp" ], "mainEntityOfPage" : { "@id" : "https://insnerds.com/insights/redefining-indemnity-insurance-mark-groenheide-cro-of-normanmax-on-parametric-insurance", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://insnerds.com/hubfs/InsNerds%20Large%20print%20quality.png" }, "name" : "Insurance Nerds" } } ```