Company News

Sompo Global Weather to Provide Instantaneous Indicative Pricing for Speedwell Weather group's weatherXchange Platform

Sompo Global Weather will provide indicative pricing for Speedwell Weather group's weatherXchange® Instantaneous Indicative Pricing service.  weatherXchange, an independent platform which connects Hedgers, Broker-Advisors and Protection Sellers, helps businesses more easily access index-based weather risk protection.  The platform’s Instantaneous Indicative Pricing will help streamline the structuring process by providing an immediate idea of the costs of a structure through its user-friendly online interface.

Martin Malinow, President Sompo Global Weather, commented on the collaboration, “We are excited at the opportunity to partner with weatherXchange to offer market-leading access to Sompo’s WeatherLock products. Our unique analytic platform allows for instantaneous pricing for clients which we believe will expand demand for our products to new clients across weather-exposed industries.”

View the full weatherXchange press release.