Add parametric structure to your clients' weather risk programs.
Riskwright is a parametric MGA. We provide trigger design, correlation analysis, and binding authority for agricultural and infrastructure parametric policies. Brokers bring the client relationship; we bring the technical underwriting, the index construction, and the 72-hour payout infrastructure.
Expand what you can offer clients with climate exposure.
Additive coverage layer
Parametric policies sit alongside existing indemnity programs. They pay on weather triggers independent of loss assessment, providing liquidity during the claims process when clients need cash flow most.
Fast placement
No physical inspection, no loss history requirements, no medical underwriting. Trigger design takes 3–10 business days from initial inquiry to bindable terms. Renewal is straightforward once the initial trigger structure is established.
Client retention value
Clients who have experienced a 72-hour payout during a weather event renew at high rates. Speed creates loyalty that traditional indemnity products rarely generate.
Which clients are best suited.
Parametric works best when there is a clear correlation between a measurable weather metric and the client's financial exposure — and when the client values certainty of payout timing over exact loss replacement.
- Grain producers with operating line exposure during drought years
- Agricultural co-operatives with pooled member weather exposure
- Utility operators with severe weather maintenance cost variability
- Renewable energy project sponsors with resource availability risk
- Agricultural lenders seeking to hedge climate-correlated credit risk
- Infrastructure finance lenders with weather-exposed project loan books
When parametric may not be the right fit.
Honest guidance for situations where a traditional indemnity structure will serve the client better.
- Operations far from suitable weather stations (high basis risk)
- Clients requiring property replacement value (indemnity is correct tool)
- Exposures without a documented weather-loss correlation
- Very small policy limits where transaction cost is disproportionate
Register as a broker partner or submit a client inquiry.
We work with a select group of brokers who have agricultural or infrastructure client books. Contact us to discuss your client profile and explore the fit.
Contact our underwriting team