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Sompo Global Weather

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Overview

Sompo Global Weather, a part of Sompo International, offers a variety of weather risk management solutions to help businesses mitigate the financial impacts of adverse weather. Their products include parametric insurance, weather derivatives, and other customized solutions. They serve a broad range of industries, including agriculture, energy, construction, and hospitality. With a team of experienced meteorologists and underwriters, they are able to provide tailored solutions based on a deep understanding of weather-related risks.

✨ Key Features

  • Parametric weather insurance
  • Weather derivatives
  • Customized risk management solutions
  • Coverage for a wide range of industries
  • In-house team of meteorologists and underwriters

🎯 Key Differentiators

  • Strong expertise in meteorology and weather risk management
  • Broad range of products, including parametric insurance and weather derivatives
  • Global reach and financial strength of Sompo International

Unique Value: Offers businesses customized and effective solutions for managing weather-related risks, backed by a team of experienced meteorologists and the global resources of Sompo International.

🎯 Use Cases (4)

Protecting agricultural businesses from weather-related losses Hedging against revenue fluctuations for energy companies Providing financial protection for construction projects delayed by weather Insuring outdoor events against adverse weather conditions

✅ Best For

  • Weather risk management for the agriculture and energy sectors

💡 Check With Vendor

Verify these considerations match your specific requirements:

  • Risks that are not directly related to weather

🏆 Alternatives

Munich Re Swiss Re Corporate Solutions

Sompo Global Weather's deep expertise in meteorology and their ability to offer a range of weather risk management products beyond just parametric insurance sets them apart from many competitors.

💻 Platforms

Web

🛟 Support Options

  • ✓ Email Support
  • ✓ Phone Support
  • ✓ Dedicated Support (Client tier)

🔒 Compliance & Security

✓ GDPR ✓ SSO

💰 Pricing

Contact for pricing

Free tier: NA

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