Products & Solutions
We offer a large variety of industry solutions to insure losses from natural perils. The underlying factors of the products range from Temperature, Precipitation, NDVI, Soil Moisture, Evapotranspiration, Hurricane Force, Earthquake Magnitude to River Flow. With weather data collect from over
3,000 national weather stations and full satelite integration, Wx Risk
Global has the capability to serve practically any location worldwide.
Wx Risk Global provides weather risk management solutions customized to your specific needs. Underlying parameters are typically temperature, precipitation, snow, wind, sunshine, and radiation. Clients for climate covers range from the following industries: events, leisure, transportation, energy, construction, agriculture, retail.
Wx Risk Global provides livestock coverage based on vegetation indices. Low vegetation means low food availability for herds and hence higher additional forage cost, lower reproduction rates and higher cattle losses. The covers pay when the vegetation index falls short of a defined threshold in a defined area during the risk period.
Wx Risk Global provides risk mitigation based on remote sensing technology. Typical parameters include NDVI (vegetation index), soil moisture, evapotranspiration. The solutions pay when the reference parameter exceeds a defined threshold in a defined area during the risk period.
Wx Risk Global provides parametric solutions to protect against natural catastrophes such as earthquakes, storms and floods. The solutions typically structured as Cat-in-a-Box or Cat-in-a-Circle pay when a defined catastrophic event occurs in a defined area during the risk period.