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Wetterheld

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Digital insurer offering parametric rain insurance for climate risks.

Overview

Wetterheld operates as a digital insurer that specializes in property and casualty insurance, with a particular focus on parametric rain insurance for both vacations and businesses. The company utilizes data from reliable weather stations to determine insurance payments and facilitate quick payouts based on defined weather conditions. This approach aims to address the financial risks linked to climate-related events, especially those involving rain. Wetterheld targets both individuals and businesses, offering a platform for users to manage their insurance policies and receive compensation in a timely manner, which may help reduce potential losses. The company's mission centers on providing efficiency and accuracy in asset protection against climate risks, and it claims to be supported by established partnerships and adherence to regulatory standards.

Key facts

Founded
2018
Headquarters
Hamburg, Germany

Business model

Contact

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About Wetterheld

What does Wetterheld do?

Wetterheld operates as a digital insurer that specializes in property and casualty insurance, with a particular focus on parametric rain insurance for both vacations and businesses.

Where is Wetterheld headquartered?

Wetterheld is headquartered in Hamburg, Germany.

When was Wetterheld founded?

Wetterheld was founded in 2018.

Which sector is Wetterheld in?

Wetterheld operates in Insurance Technology, part of Financial Technology.

Who are Wetterheld's competitors?

Companies similar to Wetterheld include Raincoat, Cerchia, and Kita.