Hurricane risk, simplified: wind-speed triggers, radius bands, rapid liquidity—designed to buy down deductibles or deliver cash fast after landfall.
Hurricanes and large-scale wind events drive some of the biggest catastrophe losses—and traditional cover can be hard to price or slow to settle. A parametric hurricane policy links payout to objective storm metrics rather than lengthy loss adjustment, providing affordable structures to complement or replace indemnity insurance.
Instead of proving severity, causation and loss size, you pre-agree a weather-based deductible and trigger using a “cat in a circle” structure: if sustained winds from a named storm meet the contracted category threshold within defined distance bands of your site, the policy pays automatically. Payouts scale by intensity (storm category) and proximity (e.g., <50 km vs. 50–100 km).
Ground-up cover means no financial deductible—if thresholds are met and you suffer a financial loss, the structure responds. Settlement is rapid, relying on publicly available wind/track data; valid claims are typically settled within ~21 days of the event/expiry. Use it to buy down high deductibles, top up limits, or secure fast disaster relief.
Built to reduce volatility and free up liquidity precisely when operations need it most.
All mechanics—categories (10-min sustained wind), radius bands and payout schedule—are written into the policy.
These elements define how your hurricane cover behaves and how payouts are calculated:
Clear triggers, fast liquidity, flexible use cases—here are common questions:
No. If the weather thresholds are met within the agreed circle and you sustain a financial loss, the structure pays according to the schedule.
Because settlement relies on publicly available data rather than loss adjusting, valid claims are normally settled within ~21 days of event/expiry.
Both. Use it to reduce or remove a traditional deductible, top up limits, or obtain rapid disaster relief.
1) Site locations (addresses + lat/long), 2) loss history for the peril to cross-correlate with past tracks, 3) budget guidance, 4) preferred structure (how you want wind intensity/proximity to map to payout), 5) policy period.
