Propel provides innovative insurance solutions to thousands of companies across the country. We make it our business to know your world inside and out.
“How’s the weather?” seems like a pretty innocent question. But not these days. Weather volatility is increasing worldwide, and businesses are feeling the impact. Is your business weathering the weather?
Think about how harsh snow and ice storms have caused massive delays for airlines – and mild winters have lowered consumer demand for heating.
While businesses can’t control the weather, they can protect themselves from its financial impact with Weather Risk Management tools. Here are just a few ways they can protect weather-sensitive companies in some pretty innovative ways:
- Agriculture: protects farmer’s profits from drought
- Retail: stabilizes earning when bad weather keeps holiday shoppers away
- Construction: protects against losses from natural disasters
With weather risk management tools, your forecast is much more predictable.
Learn more about protecting your business with Weather Risk Management tools here.