Across the whole insurance market, investment is being made into technology solutions to improve underwriting models, risk management and claims processes. The contingency market is no exception, with obvious efficiencies and pricing advantages to be gained, for example from using AI predictive modelling to forecast weather-related and other risks. Deployed effectively, technology can also be used to improve the customer experience, for example by offering swift, automatic claim payments via parametric policies. Enhanced data analytics and InsurTech also have the potential to assist with the challenge of calculating ascertained net loss. The contingency market is becoming increasingly dynamic and innovative in using technology to respond to a post- pandemic boom in demand for event insurance.