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News & Analysis Results

Weatherbill says take a RainCheck to holiday makers

News 14th November 2008

Weatherbill have struck a deal with another holiday company to provide weather insurance to their customers. Sunquest Vacations, a Canadian travel company, are offering a policy called RainCheck which acts as a rainfall protection guarantee by offering another trip to travelers with the policy who experience rainfall of half an inch for half the days […]

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Weatherbill says ‘Let it Snow’ and moves into Canada

News 23rd June 2008

Weatherbill have provided the cover for another innovative travel scheme similar to their deal with Priceline. They’ve entered into an agreement with itravel2000.com, Canada’s largest online travel retailer, to provide coverage for their promotion, “Let it Snow”. WeatherBill will provide up to $100m CDN in snow coverage. The deal involves itravel2000 customers receiving a refund […]

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Weatherbill looking to target more travel companies

News 20th June 2008

According to the publication Travel Weekly (article here), Weatherbill are looking to target UK travel companies in an attempt to capitalise on their recent deal with Priceline.com. Good move by Weatherbill. The UK travel industry (particularly tour operators) do not use alternative methods to hedge against weather either for their customers or their own bottom […]

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Weatherbill arrange holiday refund weather cover for Priceline.com

News 2nd June 2008

Weatherbill, the online service offering weather protection to businesses, has arranged a novel deal for Priceline.com Inc. (NASDAQ: PCLN), a leading online travel agent. Priceline are offering a new holiday package called Sunshine Guaranteed to over 100 destinations in the U.S., Canada, the Caribbean and Europe. The deal, being run as a limited time promotion, […]

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Nephila Capital to extend partnership with Weatherbill

News 29th April 2008

Great news to read that Nephila Capital is extending its partnership with Weatherbill (as announced at RIMS) by agreeing to provide more capacity for the online weather risk service. All cover will continue to be provided via the Nimbus Weather Fund run by Nephila. Seeing such firms working together to provide new areas of capacity […]

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