WeatherBacker®

WeatherBacker products are weather insurance contracts that protect against any loss of profit or extra expenses caused by specific weather conditions, for example: rain, snow, temperature, hurricanes, wind, fog, etc.

If needed a custom policy is created to meet your specific situation and requirements to cover any weather variable any where in the world.

The following types of exposures are ideal candidates for ACE WeatherBacker suite of products:

• Energy Utilities: variability in temperature related demands load
• Hydropower generators: low rainfall or reservoir levels
• Offshore drilling rigs: work cessation due to dangerous wind or wave height
• Agribusinessses: Drop in area wide crop yield due to bad weather
• Fruit Growers: drought, flood or freeze-related damage
• Construction: project delays or damage due to rain or freeze
• Municipalities: High snow removal and road salting costs
• Event promoters: weather-related cancellations
• Retail stores: poor sales due to weather during critical shopping days