Weather Risk Management Application for Insurance Business.

1. Weather Risk SecureTM Weather Risk Management Application for Insurance Business
Weather Risk Management Services Ltd.
www.weather-risk.com
support@weather-risk.com

2. 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

3. Weather Risk
Application Architecture Pricing Engine
Portfolio Builder
Claims Manager

4. 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

5. Weather Risk
HDM Snapshots

6. 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

7. Weather Risk
PDA Snapshots

8. 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

9. 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

10. Weather Risk
CMA Snapshots

11. 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

12. 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

13. 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