11 November 2019Insurance

WeatherXchange lists Skyline Partners as a protection seller

WeatherXchange, a platform that helps companies access index-based weather and climate risk protection, has listed London based parametric insurance underwriting agency Skyline Partners as a protection seller (MGA) equipped to respond to price requests received via the weatherXchange platform.

“We are pleased to have Skyline Partners join the growing list of protection sellers participating on the weatherXchange platform,” said David Whitehead Co-CEO at weatherXchange. “With thirteen protection sellers onboard, weatherXchange has established itself as a hub of market activity. WeatherXchange provides value for all market participants. For new protection sellers, such as Skyline, weatherXchange acts as an originator opening new business opportunities. For broker-advisors and hedgers weatherXchange is a valuable tool facilitating structuring and price discovery with its instantaneous indicative pricing and executable pricing services.”

Laurent Sabatié, co-founder and director at Skyline Partners, said: “The Speedwell Weather Group has been leading the way in providing accessible solutions for businesses to protect against climate risks. We are very pleased that Skyline is joining the weatherXchange platform as part of this effort.”

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More on this story

Insurance
12 February 2019   Figures from Swiss Re show that “$1.3 trillion (70 percent) of global economic losses derived from natural catastrophes in the past 10 years were uninsured”. Gethin Jones and Laurent Sabatié co-founded Skyline Partners to address this gap and have started by focusing on weather risks in India. Intelligent Insurer speaks to them to find out how they plan to close the global protection gap.
Insurance
22 October 2018   London-based insurtech start-up Skyline Partners, a provider of tech-powered weather insurance solutions, has secured funding from MGA innovation hub OneAdvent to grow its business.