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INSURANCE FOR THE CLIMATE CHANGE ERA
HARNESSING SATELLITE DATA TO STRUCTURE  PARAMETRIC SOLUTIONS FOR SEVERE WEATHER
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......NEW WEBSITE LAUNCHING SOON 

WHAT WE DO

DIGITAL-FIRST MANAGING GENERAL AGENT (MGA) 

RAPTOR IS OUR ALGORITHMIC UNDERWRITING AND QUOTE & BIND PLATFORM

 

RAPTOR™ USES SPACE DATA TO STRUCTURE PARAMETRIC INSURANCE PRODUCTS FOR SEVER WEATHER EVENTS

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THESE PRODUCTS COVER CLIENT'S WEATHER EXPOSURES IN THE CONTINGENCY MARKET 

BROKERS AND AGENTS USE RAPTOR TO OFFER THE FOLLOWING PRODUCTS TO THEIR CUSTOMERS:

PARAMETRIC WEATHER 

LIABILITY & PROPERTY

EVENT CANCELLATION

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PARAMETRIC INSURANCE 

THERE IS CURRENTLY A MAJOR UNDERINSURANCE GAP

$130BN WORTH OF LOSSES FROM NATURAL DISASTERS ARE UNINSURED

AN ESTIMATED 90% OF WEATHER DRIVEN LOSSES IN DEVELOPING MARKETS ARE UNINSURED 

TRADITIONAL INDEMNITY INSURANCE IS EITHER UNAVAILABLE OR INAPPROPRIATE, LEAVING BUSINESSES AND INDIVIDUALS EXPOSED TO SEVER WEATHER EVENTS

 
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HASSLE FREE WEATHER-RISK INSURANCE TO PROTECT YOUR BUSINESS

JARGON FREE POLICIES WITH TRANSPARENT PRICING

IMMEDIATE INDEMNIFICATION IN EVENT OF LOSS

WHAT WE DO

BY HARNESSING BIG WEATHER-DATA FROM SATELLITES, RADAR, AND GROUND STATIONS, WE PROVIDE BUSINESSES ACROSS EVENTS, HOSPITALITY, LEISURE, SPORTS & CONSTRUCTION, WITH PROTECTION FROM SEVERE WEATHER-EVENTS

WE ALSO PROVIDE LIABILITY COVER WITH THE ABILITY TO ADD-ON PARAMETRIC WEATHER

IF YOU ARE A BROKER, AGENT OR INTERMEDIARY THEN PLEASE GET IN TOUCH 

 

WANT TO LEARN MORE?

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THE BASICS

PARAMETRIC INSURANCE PAYS OUT ACCORDING TO A VERIFIABLE AND OBJECTIVE DATA-DRIVEN EVENT OCCURRING

FOR EXAMPLE, IF  RAINFALL EXCEEDS A PRE-DETERMINED LEVEL.  THERE IS NO NEED FOR TIME-CONSUMING OR EXPENSIVE LOSS ADJUSTMENT.

IN PRACTICE

ADVERSE WEATHER IS COMMONLY EXCLUDED FROM EVENT CANCELLATION INSURANCE 

A MAJOR OUTDOOR SPORTING EVENT IS NOT COVERED SHOULD EXCESS RAINFALL LEAD TO A REDUCTION IN FOOTFALL OR A CANCELLATION OF THE EVENT. OUR PARAMETRIC WEATHER CAN BE PURCHASED BY EVENT ORGANISERS AS AN ADD-ON TO LIABILITY & PROPERTY AND EVENT CANCELLATION

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1

CHOOSE PERIL

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2

WE MONITOR CONDITIONS AT YOUR LOCATION REMOTELY

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3

EXCESS RAINFALL OCCURS  

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4

WE IMMEDIATELY PAY MONEY TO YOUR ACCOUNT

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WANT TO LEARN MORE?

SATELLITE DATA ENABLES US TO QUOTE FOR LOCATIONS GLOBALLY