weather secure

Weather Risk

SecureTM

Weather Risk Management Application for Insurance Business

Weather Risk Management Services Ltd.

www.weather-risk.com

support@weather-risk.com

Weather Risk

Key Features

• Secure Machine independent web-based tool allows flexibility of use

• Comprehensive Termsheet options allow complete migration from error-prone Excel based workings

• Large database of cleaned and enhanced weather and satellite data from various sources

• Provide Portfolio Analytics and Monitoring Tools

Weather Risk

Application Architecture

Pricing Engine

Portfolio Builder

Claims Manager

Weather Risk

Historical Data Manager

• Secure upload and access of all the weather data in database

• Tools for identifying errors in the data

• Options to compare data with nearby locations

• Tools for data cleaning and gap filling

Weather Risk

HDM Snapshots

Weather Risk

Product Development Application

• Includes both Weather & Crop Insurance Products

• Can make diverse termsheets in single module

• Accommodates large variety of termsheets required for Indian Market – Almost 95% of termsheet can be made on the App

• Upto 50 locations can be priced in Single Termsheet

• Allows de-trending and VAR Distribution fitting – Normal, Lognormal and Gamma Distribution included

– Goodness of fit details are provided

• Lets user change the return on capital rate for pricing

Weather Risk

PDA Snapshots

Weather Risk

Portfolio Builder

• Can build one or more portfolio with different weights or sales scenarios

• Portfolio gets automatically updated for any change in individual termsheets

• Allows additions and deletions in the Portfolio

• Displays Basic Portfolio Statistics

• Allows VAR Distribution fitting & de-trending on the Portfolio payoffs

Weather Risk

Claims Manager

• Claims monitoring for both Weather and Crop Insurance

• GIS mapping of claims

• Comparison with claims in adjacent weather stations

• Real-time monitoring possible if data is updated

• Claim sheets can be extracted in Excel for govt submission

Weather Risk

CMA Snapshots

Weather Risk

Product Options • Web based Modules – WRL’s cleaned weather & yield data is used

– WeatherSecure WebLite • State specific login • Usage Fees based on State chosen • Portfolio Builder not Available

– WeatherSecure Web • Complete access to all online modules

– WeatherSecure Web+ • Complete access to all online modules • Product Development and Portfolio Risk Management by WRL Team

• Desktop based Modules – Client is responsible for arranging data – WeatherSecure Desk

• Installation on Client Server / PC • No access to WRL’s weather database • MNAIS pricing not included

– WeatherSecure Desk+ • Includes MNAIS pricing

Weather Risk

Commercials • WeatherSecure WebLite

– For Rajasthan, Bihar, MP, Gujarat, Chattisgarh, Maharashtra, Andhra, UP, Odisha – Rs. 6 Lakhs per state per annum

– For Karnataka, Kerala, Jharkhand, Tamilnadu – Rs. 4 Lakhs per state per annum

– For all other states – Rs. 2.5 Lakhs per state per annum

• WeatherSecure Web – Rs. 50 Lakhs per annum

• WeatherSecure Web+ – 2.5% of Gross Written Premium subject to minimum of Rs. 5 Lakhs per annum

• WeatherSecure Desk – One time fees for developing database architecture and customization of the module –

Rs. 10 lakhs

– Annual Module license fees of Rs. 25 lakhs

• WeatherSecure Desk+ – One time fees for developing database architecture and customization of the module –

Rs. 10 lakhs

– Annual Module license fees of Rs. 30 lakhs

• All fees mentioned above are exclusive of Service Tax

Weather Risk

Commercials & Demo

• For help on

– Product & Demo

– Commercials

• Pls write to support@weather-risk.com

• Or call us on +91-11-4500 9943