eWeatherRisk®
The Next Generation of Automated Weather Risk Management Contracts
The weather risk management market has expanded enormously in the last 5 years. eWeatherRisk is an automated web-deployed platform to assist executives from Fortune 500 CFO’s to Main Street business owners in understanding and managing weather risk affecting their business. eWeatherRisk provides weather risk management for all sectors of the U.S. economy. The eWeatherRisk automated web-deployed platform was developed and will be expanded and maintained by Watts and Associates, Inc. eWeatherRisk is expected to launch during the 2nd quarter of 2009.
eWeatherRisk offers a unique educational and transactional user experiences, ranging from peril customization, geographic flexibility, limited basis risk, ease of use, and automation to attract the wide range of potential weather risk clients The automated marketing, sales, pricing, and administrative construct is built upon a state-of-the-art proprietary temperature and precipitation dataset, and offers a user-friendly, web-based mechanism to explore and purchase client-customized weather risk management contracts over the Internet. The customization is fueled by proprietary algorithms, the largest complete (cleaned, filled, and backcast) U.S. weather, pricing (with multilevel redundant real-time rating), software that automate the real-time-evaluation of the probability and severity of client-selected weather risks, and by the largest set of locations available for such evaluations. Clients can make direct, automated purchases of contracts with almost no constraints on contract notional value.
For further information please contact Tim Watts at 1-800-603-3605.
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eWeatherRisk
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