CelsiusPro AG, the Swiss-based specialist in structuring and originating weather derivatives and certificates, has teamed up with Allianz Global Assistance to bring weather insurance to travellers to help them hedge against the risks of rainfall on their holidays. It’s another example of weather risk management practices being offered to consumers to help them hedge inclement […]
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SmartWings, the Prague based low cost airline, has added the ability to purchase weather insurance into it’s website booking process through a partnership with weather cover provider Airsavings. They are currently offering rainfall protection to travellers but hope to extend that to offer cover for a lack of sunshine and hope to branch out to […]
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Aon France has brokered a weather refund protection insurance scheme for two French travel agencies. The scheme provides customers of holiday groups Pierre et Vacances and FranceLoc with the ability to claim back the cost of part of their trip should it rain at least four days out of a week while they are away. […]
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