Flexible weather services for insurers
Reliable historical weather data is essential for insurance companies when handling weather-related claims. MeteoGroup maintains an extensive meteorological archive and provides a range of bespoke forecasting and consultancy services including severe weather warnings and expertise to help structure weather risk contracts.
Weather and the insurance industry
Speed and reliability when dealing with a claim is key to any insurance company. MeteoGroup's highly accurate, site-specific historical weather data allows you to verify claims efficiently, potentially saving time and money.
Risk analysis and modelling
Reliable weather data is crucial when dealing with weather derivatives and assessing risk for insurance products. One of the biggest difficulties is the availability of data, particularly for a long time series; with MeteoGroup's global archive you'll find everything you need in a single, reliable source.
Severe weather warnings
Weather warnings are invaluable to insurers so that customers can be alerted in advance of a severe weather event. With preventative measures, the impact of potentially dangerous or damaging weather situations can be reduced. Advance warning of a severe weather event also enables claims departments to ensure appropriate resources are available.
Benefits of our weather services
Quality is our number one priority and our investment in research and development ensures that our products are constantly being improved using the latest meteorological models and techniques.
Our worldwide reach and advanced modelling techniques are used by those operating in weather risk management to assess risks and identify trends. We stay up to date in this ever changing and diverse field through our worldwide membership and participation in the Weather Risk Management Association (WRMA).
MeteoGroup's skilled team of meteorologists are on hand 24/7/365 to provide severe weather warnings.
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TradingMaster has been developed by MeteoGroup to offer energy and commodities traders quick and easy access to the best short, medium and long-term weather data and forecasts in an online format conducive to the trading environment.