Company News

Sompo Global Weather to Provide Instantaneous Indicative Pricing for Speedwell Weather group’s weatherXchange Platform

October 9, 2017

Sompo Global Weather will provide indicative pricing for Speedwell Weather group’s weatherXchange® Instantaneous Indicative Pricing service.  weatherXchange, an independent platform which connects Hedgers, Broker-Advisors and Protection Sellers, helps businesses more easily access index-based weather risk protection.  The platform’s Instantaneous Indicative Pricing will help streamline the structuring process by providing an immediate idea of the costs of a structure through its user-friendly online interface.

Martin Malinow, President Sompo Global Weather, commented on the collaboration, “We are excited at the opportunity to partner with weatherXchange to offer market-leading access to Sompo’s WeatherLock products. Our unique analytic platform allows for instantaneous pricing for clients which we believe will expand demand for our products to new clients across weather-exposed industries.”

View the full weatherXchange press release.