Solutions
Parametric solutions, by risk category.
Each solution below is defined by the risk it addresses, the independent data behind it, the parametric trigger that activates it, and the protection it can provide.
Renewable Energy
Protecting production revenue from resource variability.
Solar PV
- Risk
- Loss of solar PV production due to an irradiance deficit.
- Parametric Trigger
- Monthly global horizontal irradiance below a defined threshold.
- Data
- Satellite irradiance data and historical solar resource records.
- Potential Protection
- Predefined payout compensating the shortfall in expected production revenue.
Wind
- Risk
- Loss of wind production due to low wind resource.
- Parametric Trigger
- Monthly wind-speed or generation index below a defined threshold.
- Data
- Reanalysis wind data and on-site or nearby meteorological records.
- Potential Protection
- Predefined payout compensating the shortfall in expected generation.
Production Variability
- Risk
- Broader revenue volatility from weather-driven output variability.
- Parametric Trigger
- Composite production index versus long-term average.
- Data
- Combined irradiance and wind datasets, plant generation records.
- Potential Protection
- Smooths revenue volatility across a renewable energy portfolio.
Climate Risk
Objective protection against measurable climate variables.
Rainfall
- Risk
- Excess or deficit rainfall affecting operations or yield.
- Parametric Trigger
- Cumulative rainfall index outside a defined band.
- Data
- Satellite and ground-station precipitation data.
- Potential Protection
- Predefined payout for rainfall-driven disruption or loss.
Temperature
- Risk
- Extreme heat or cold impacting operations, health or demand.
- Parametric Trigger
- Degree-day or threshold-day temperature index.
- Data
- Historical and real-time temperature station records.
- Potential Protection
- Payout linked to temperature extremes affecting the insured activity.
Drought
- Risk
- Prolonged water or rainfall deficit.
- Parametric Trigger
- Standardised Precipitation Index (SPI) below a defined threshold.
- Data
- Satellite rainfall data and recognised drought indices.
- Potential Protection
- Predefined payout to offset drought-related losses.
Extreme Weather
- Risk
- Storms, cyclones and extreme wind events.
- Parametric Trigger
- Wind-speed or storm-track parametric index.
- Data
- Meteorological agency and satellite storm-tracking data.
- Potential Protection
- Rapid payout following a qualifying extreme weather event.
Agriculture
Liquidity when weather affects the season.
Weather-Related Agricultural Risk
- Risk
- Crop yield impact from rainfall, temperature or drought during key growth stages.
- Parametric Trigger
- Crop-specific weather index, calibrated by growth stage.
- Data
- Satellite vegetation indices, rainfall and temperature data.
- Potential Protection
- Predefined payout supporting liquidity after adverse weather.
Built for cooperatives, insurers and agri-lenders
Parametric structures can be distributed directly to farmers and cooperatives, embedded in input-finance or lending programmes, or used by insurers and reinsurers to manage aggregate agricultural exposure.
Corporate Risk
Fast, objective protection for operational exposure.
Weather Disruption
- Risk
- Operational disruption caused by adverse weather at a site.
- Parametric Trigger
- Site-specific weather index above or below a defined threshold.
- Data
- Local weather station and satellite data.
- Potential Protection
- Payout to offset disruption-related costs.
Business Interruption Proxies
- Risk
- Revenue impact from weather-driven demand or operational shocks.
- Parametric Trigger
- Weather index calibrated to correlate with business activity.
- Data
- Historical weather and business-activity correlation analysis.
- Potential Protection
- Predefined payout acting as a fast proxy for interruption losses.
Supply Chain Disruption
- Risk
- Disruption to suppliers or logistics from weather or geographic events.
- Parametric Trigger
- Regional weather or geographic index at key supply-chain nodes.
- Data
- Geospatial mapping of supply-chain exposure and weather data.
- Potential Protection
- Payout triggered by disruption at mapped critical locations.
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