Climate risk resolved in 72 hours.
Riskwright underwrites parametric climate policies indexed to weather-station data. When a trigger threshold is crossed, payment initiates automatically — no adjuster, no dispute.
Traditional insurance wasn't built for climate uncertainty.
Loss assessment takes 45–120 days. Disputes are common. Meanwhile, a grain co-op's operating line is frozen and a utility contractor can't make payroll. The weather already decided the outcome — the money shouldn't take months to follow.
- Day 0 Loss event occurs
- Day 5–14 Adjuster assigned
- Day 20–45 Site inspection, documentation request
- Day 60–120 Claim review & potential dispute
- Day 90–180 Settlement — if approved
- Day 0 Trigger threshold crossed at weather station
- Hour 4 Automated index verification
- Hour 12 Payout notification sent
- ≤ 72 hrs Wire transfer confirmed
Three steps. No claims process.
Define the trigger
We work with you to select an objective, independently verifiable weather index — drought SPI, wind speed exceedance, cumulative precipitation deficit, or temperature deviation. The trigger threshold is written into the policy contract.
Monitor the index
A designated weather station (typically NOAA GHCN or ASOS network) provides continuous data. No adjuster involvement. The index reading is public record and verifiable by any party.
Automatic payout
When the index crosses the agreed threshold, payment initiates. A wire transfer reaches your account within 72 hours of trigger confirmation. No claim to file. No dispute window.
Two sectors. One mechanism.
Agriculture
Grain producers, vegetable growers, livestock operations, and agricultural co-operatives face compounding weather exposure. Parametric policies replace the slow indemnity cycle with objective payout triggers.
- Drought index (SPI-3, SPI-6)
- Excess precipitation / flooding events
- Frost-degree days for specialty crops
- Cumulative heat stress (growing degree days)
Infrastructure
Utility operators, transportation networks, and energy project developers carry significant weather-linked operational risk. Parametric coverage activates on measurable atmospheric events, not assessed damage.
- Wind speed exceedance (sustained or gust)
- Freezing rain accumulation
- Atmospheric river precipitation events
- Lightning strike density (ISO cell)
The case for objective triggers.
Parametric insurance trades subjectivity for speed. Here is how the core dimensions compare.
| Dimension | Riskwright parametric | Traditional indemnity |
|---|---|---|
| Payment speed | ≤ 72 hours | 45–180 days |
| Trigger basis | Weather station index | Adjuster assessment |
| Dispute risk | None (index is binary) | Common (subjective loss estimate) |
| Verification | Public weather data | Proprietary claim file |
| Basis risk | Managed via station selection | Moral hazard / under-insurance |
| Cash flow impact | Predictable, immediate | Uncertain, months delayed |
Every trigger is independently verifiable.
Riskwright policies reference publicly accessible weather station networks — NOAA GHCN, ASOS, and CWOP — so any counterparty can confirm the index reading that generated a payout. There is no proprietary black box.
- Station data archived and auditable post-event
- Index calculation methodology disclosed in policy schedule
- Backup station protocol specified at policy inception
ATL-0044 SPI −2.31
ATL-0061 SPI −1.88
MCN-0012 SPI −1.42
BHM-0039 SPI −1.19
SAV-0007 SPI −2.05
JAX-0054 SPI −0.97
Speed changes the balance sheet calculus.
We had a drought year where our member farms were drawing heavily on their operating lines by August. Under traditional crop insurance we'd be waiting until January for the indemnity. With the parametric structure, when the SPI-3 crossed −1.5 in late August, we had a wire confirmation within three days. That's a different financial position entirely.
We manage weather risk across capital projects in multiple states. The question for us is always: when a wind event stresses the project, does the coverage respond fast enough to matter? With Riskwright's wind-speed trigger, the ASOS station data is the arbiter. No adjuster, no dispute. The policy pays on the measurement, and it's in our account before the emergency repair crew has finished billing.
Built by people who got tired of the claims process.
Our team and story"Parametric structures have been available at the Lloyd's and Swiss Re level for decades. The mid-market grain producer and the regional utility contractor have never had access. That's not because the product is too complex for them — it's because no one prioritized the underwriting work for a $150,000 policy. That's the gap Riskwright is designed to close."
Ready to remove weather uncertainty from your balance sheet?
Tell us your exposure — crop type, geography, trigger concern. Our underwriting team responds within one business day with a preliminary index analysis and indicative premium.