Understory
Weather data and analytics for a smarter world.
Overview
Understory is a weather data and technology company that has developed a network of ground-based weather sensors that provide hyperlocal, real-time weather data. This data is used to power a range of applications, including parametric insurance. By providing highly accurate and granular weather data, Understory enables the creation of more precise and reliable parametric insurance products for perils such as hail, wind, and rain. They partner with insurance companies to help them develop and underwrite these products.
✨ Key Features
- Hyperlocal, real-time weather data from a proprietary sensor network
- Data and analytics for hail, wind, rain, and other weather perils
- Enables the creation of precise and reliable parametric insurance products
- Partnerships with insurance companies
- Focus on data quality and accuracy
🎯 Key Differentiators
- Proprietary network of ground-based weather sensors
- Hyperlocal and highly accurate data
- Focus on providing data specifically for insurance applications
Unique Value: Provides the insurance industry with highly accurate and granular weather data, enabling the creation of more precise and reliable parametric insurance products.
🎯 Use Cases (3)
✅ Best For
- Parametric hail insurance based on their sensor data
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Risks that are not triggered by weather events that can be measured by their sensors
🏆 Alternatives
Understory's proprietary sensor network provides a level of data accuracy and granularity that is often not available from public sources or other weather data providers.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Enterprise tier)
🔒 Compliance & Security
💰 Pricing
Free tier: NA
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