MANAGING WEATHER RISK

About EuroTempest

Severe weather conditions have a major impact on the insurance industry. Windstorms and floods are the most costly cause of physical damage in Europe with losses during a typical season running into several billions of dollars.

EuroTempest is the leading provider in Europe of weather risk management services to the industry. Our customers across Europe and in the US include some of the largest (re)insurers, brokers and cat modelling agencies. These companies use our services and data to get better prepared for events as they develop and for improving their understanding of the weather risks they face.

“We have being using the Claims Validation Tool from EuroTempest for the last year and have found it very useful in helping us to confirm weather conditions. The desktop tool is easy to use and provides a wide range of data relevant to the claims we handle. We would recommend the tool to any claims team which needs accurate and up-to-date information to support the claims process.”

Colin Frost, Claims Operations Manager, Howden Group

“The Claims Validation Tool from EuroTempest provides all the information we need in order to check claims against the prevailing weather conditions and we have found it to be extremely easy to use. Since we first started using it in 2007 it has been fast and reliable in delivering a full range of weather parameters. We would have no hesitation in recommending it to any claims team which needs accurate and up‐to‐date weather information to support the claims process.”

Brian Doyle, Home Claims Operations Leader, RSA

“These weather updates really do help me make decisions on whether to invoke surge or just get staff on standby, so I do appreciate them.”

Susan Thompson, Home, Travel and Pet Claims Manager, LV=

“EuroTempest have been fantastic at supporting us in the days leading up to major weather events. Their impact forecasts and warnings are critical to helping us plan our response, allowing us to manage our resources efficiently and effectively to be supporting our customers when they need us the most, I have no hesitation in recommending them.”

Craig Monks, Business Unit Leader & National Events Coordinator, Loss Adjusting Services, RSA

“We’re delighted to give our clients access to valuable windstorm data from EuroTempest through the powerful SpatialKey platform for the first time. We chose EuroTempest because, from our assessment of the market, they are leading the field in the services and datasets they offer for forecasting European windstorms.”

Tim Edwards, Head of Europe Catastrophe Analytics, Willis Re International

“Our collaboration with EuroTempest, facilitated by CoreLogic’s Digital Hub Alliance, is a crucial step towards building a thriving insurance ecosystem. By bringing together data, technology, and service providers, we are able to provide exceptional value to our shared clients and their policyholders”.

Matthew Grieveson, AVP Product Management, International Markets, CoreLogic