WeatherPromise Inc. is an insurance technology company that offers customized, parametric weather insurance policies. By leveraging advanced weather modeling and data, the company allows clients, such as event organizers and seasonal businesses, to select a specific location, time period, and weather condition (e.g., rainfall, high winds, extreme temperatures) that would negatively impact them. If the specified weather event occurs as measured by third-party data, the policy triggers an automatic, rapid payout without the need for a traditional, lengthy claims process. The company's mission is to provide a simple and transparent way for businesses to manage financial risks associated with adverse weather.

Founded in

United States