| Website | weatherbill.com |
| Blog | weatherbill.com/a... |
| Category | Web |
| Phone | (888) 924 7475 |
| Employees |
WeatherBill, founded by former Googlers David Friedberg and Siraj Khaliq, helps businesses weatherproof their bottom line. WeatherBill offers custom weather coverage to protect businesses from financial loss caused by bad weather and to increase revenues through weather-related marketing promotions.
Businesses in industries ranging from travel and outdoor entertainment to agriculture and energy use WeatherBill’s tools to guarantee profits in the face of uncertain weather. A requirement to qualify for coverage from WeatherBill is a net worth of over $1 million, and unlike insurance, there is no proof of loss or claims process required for payout. If the weather happens, you get paid. Each user can define what “bad” weather is and create a customized contract to match that need (e.g. excess rain for an amusements park or severe drought in the case of a farm). Quotes are available instantly and coverage can be purchased automatically online.
WeatherBill maintains a partnership with Nephila Capital, a $2Billion+ hedge fund that specializes in catastrophe reinsurance. The partnership affords WeatherBill the ability to take on very large risk, providing coverage to large and small customers alike, without risk to the company.
WeatherBill has launched in Canada, the UK, the Netherlands, Spain, Germany and Norway in addition to the US. The company has offices in San Francisco, Boston, and London.
