Underwriter - Contingency
Adverse weather can jeopardise business growth, lead to unbudgeted expenditure and cause volatility in earnings. According to the UK's Meteorological Office, up to 70% of all business have some degree of exposure to weather risk.
Beazley Weather Guard can help clients develop weather-related sales promotions, stabilize revenue or contain costs. Tapping into a meteorological database stretching back more than four decades and sourcing data from over 5,500 weather stations worldwide, Beazley's underwriters have crafted a range of products that gives the insured control over the key elements of their insurance - the type of cover, peril (rain, snow and temperature), trigger level and duration.