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Unpredictable fall and winter precipitation can cause major revenue loss for seasonal outdoor events like festivals and holiday markets. Andy Klaus, Vice President of business development at Vortex Weather Insurance, shares how parametric insurance helps agents and brokers protect clients against these risks, delivering fast payouts and filling gaps left by traditional coverage.
In this podcast, you'll learn:
What new vulnerabilities for fall and winter events are introduced by shifting precipitation patterns
How parametric policies can provide quick payouts triggered by predefined weather thresholds, without requiring proof of loss
Why offering parametric insurance coverage allows agents and brokers to differentiate themselves and grow their businesses
By Property Casualty 3603.7
33 ratings
Unpredictable fall and winter precipitation can cause major revenue loss for seasonal outdoor events like festivals and holiday markets. Andy Klaus, Vice President of business development at Vortex Weather Insurance, shares how parametric insurance helps agents and brokers protect clients against these risks, delivering fast payouts and filling gaps left by traditional coverage.
In this podcast, you'll learn:
What new vulnerabilities for fall and winter events are introduced by shifting precipitation patterns
How parametric policies can provide quick payouts triggered by predefined weather thresholds, without requiring proof of loss
Why offering parametric insurance coverage allows agents and brokers to differentiate themselves and grow their businesses

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