Primary Contact: Dan Tomlinson
Telephone: +44-20-3451 3173
Company Description: The Allianz Risk Transfer Group is the center of competence for alternative risk and weather within the Allianz Group. The Group is headquartered in Zurich and operates through affiliated companies located in Amsterdam, Bermuda, Dubai, London and New York. S&P Financial Strength & FER Rating AA- (Stable Outlook).
AXA Global Parametrics
Primary Contact: Tanguy Touffut
Phone: +33 1 56 92 93 50
Primary Contact: Sandeep Ramachandran
Phone: +1 212 500 7686
Services Provided: The Weather and Commodity Markets (WCM) business unit at Axis Capital offers parametric risk management solutions to businesses whose profit margins are exposed to adverse weather and commodity price risks. Potential clients are in several industries including traditional and renewable energy generation, distribution, production and exploration, agriculture, construction, finance, travel and retail.
Company description: AXIS is a global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services.
Primary Contact: Mark Rüegg
Telephone: +41 44 205 9911
Services Provided: Weather dependency analysis, online platform for parametric insurance pricing, transaction execution and management.
Company Description: CelsiusPro, founded in early 2008, is specialized in structuring and originating parametric financial products to mitigate the effects of adverse weather, climate change and natural catastrophes worldwide. CelsiusPro offers, among others, an online solution for insurers for automated pricing, execution, policy issuing, settlement and reporting for parametric climate insurance.
Services Provided: Global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.
Company Description: As the world’s leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. One-third of businesses worldwide are directly affected by weather conditions. These products enable you to manage weather-related risk while also offering opportunities to speculate — absorbing that risk in exchange for possible profit on weather variations. Our weather product suite offers trading opportunities related to temperatures, rainfall, snowfall, frost and hurricanes. The products are based on a range of weather conditions in more than 47 cities in the United States, Europe, Canada, Australia and Asia, with the hurricane products geared to nine U.S. regions.
Services Provided: Catastrophe Bonds, Options, Collateralised Reinsurance and Weather Derivatives.
Company Description: Coriolis Capital is a London-based fund manager, specialising in insurance and reinsurance linked securites (ILS) – primarily Catastrophe Bonds, Options, Collateralised Reinsurance and Weather Derivatives. Pioneers in the ILS industry, Coriolis was founded in 2003 after the team organised a friendly management buy-out from Société Générale. Having started trading these ILS instruments in 1996 as proprietary traders and then as fund managers since 1999, our team has one of the longest track records in the industry and Coriolis funds have earned positive returns practically every year with minimal drawdowns. We see this history as one of the reasons for our continued success; the group has been together for thirteen years, with no turnover of senior personnel, legal or accounting service providers. Our two principals have an even longer history however, having worked together for more than twenty years, and it is this experience of working together and leading a team with aligned interests to their investors that we see as key to Coriolis success.
Primary Contact: Geoff Flint
Services Provided: Weather forecasts, climate data, weather mapping, alerts.
Company Description: CustomWeather is a global provider of weather forecasts, climate data and mapping. CustomWeather runs powerful, high-resolution weather models that lead the industry in accuracy and can provide a customized package to meet all of your weather needs.
Primary Contact: Eric Meerdink
Phone: +1 (732) 750-6591
Company Description: Direct Energy is one of North America’s largest energy and energy-related services providers with nearly 5 million residential and commercial customer relationships. Direct Energy provides customers with choice and support in managing their energy costs through a portfolio of innovative products and services. A subsidiary of Centrica plc (LSE:CNA), one of the world’s leading integrated energy companies, Direct Energy operates in 46 U.S. states plus the District of Columbia and 10 provinces in Canada.
Primary Contact: Jens Boening
Telephone: +44 20 70614287
Services Provided: Global weather risk management products
EDF Trading is a leader in the international wholesale energy markets and its own portfolio of assets, combined with EDF Group businesses, give it the ability to source, supply, transport, store, blend and convert physical commodities across the wholesale energy markets. EDF Trading is a pioneer and major player in environmental products markets, which include activities in European emission allowances (EUA), global Clean Development Mechanism (CDM) projects, certified emission reduction (CER) credits, renewable energy credits (REC), biomass and global weather derivative markets. EDF Trading is a 100% owned subsidiary of EDF Group, Europe’s leading electricity producer, a major player in renewable energies and a significant participant in the worldwide revival of nuclear energy with a growing presence in the natural gas industry.
Primary Contact: Martin Malinow
Endurance Global Weather writes tailored weather-driven risk management products indexed to weather variables measured and reported by global meteorological agencies and commodity price indices published by exchanges and other independent organizations. Weather indices can be based on variables such as temperature, rainfall, snowfall, humidity, solar radiation and wind speed while commodity indices include natural gas and power prices as well as a wide variety of agricultural prices for crops such as corn, wheat and cotton. Contracts can range in duration from several days to several years and be written in a variety of world currencies.
Primary Contact: Christian Schneider
Telephone: +49 341 2156 520
Company description: The European Energy Exchange (EEX) is the leading energy exchange in Europe. It develops, operates and connects secure, liquid and transparent markets for energy and commodities products. At EEX, contracts for Power, Coal and Emission Allowances as well as Freight and Agricultural Products are traded or registered for clearing. Alongside EEX, EPEX SPOT, Powernext, Cleartrade Exchange (CLTX) and Gaspoint Nordic are also part of EEX Group. Clearing and settlement of trading transactions are provided by the clearing house European Commodity Clearing (ECC).
Primary Contact: Sarah Hardingham
Company Description: InterGen is a global power generation firm with 11 power plants in operation, representing a total generation capacity of 7,686 megawatts (6,101 net equity MW). In addition, InterGen operates three compression facilities and a 65-km gas pipeline. These facilities are located in the UK, the Netherlands, Mexico and Australia. InterGen is jointly owned by the Ontario Teachers’ Pension Plan and China Huaneng Group/Guangdong Yudean Group. The company is celebrating its 20th anniversary in 2015.
Primary Contact: Eric Wertz
Telephone: +1 240-833-8306
Services Provided: Weather Data, Forecasting, and Weather Risk Analysis Services
Company Description: MDA Weather Services, sole provider of EarthSat Weather products, is the global leader for weather risk and commodity weather support. MDA Weather Services maintains a full short, medium, and long range forecast service. The company provides special reports on key market-moving concerns, maintains high levels of communication, and 24/7/365 consultation with its worldwide client base. MDA’s EarthSat Weather products support client decision making processes throughout the majority of the weather risk, energy, and agricultural markets. MDA Weather Services is a business area within MDA Information Systems LLC, the fundamental provider of essential global information solutions and risk management products.
MeteoGroup Deutschland GmbH
Am Studio 20a
Primary Contact: Dennis Schulze
Telephone: +49 30 600 980
Services Provided: Forecasting, consultancy and historical weather databases.www.meteogroup.com
MeteoGroup is Europe’s leading private sector weather provider with a worldwide customer base and operations in Europe and the USA. Founded in 1986, the company has an unrivalled reputation for quality and innovation in weather forecasting and consultancy. MeteoGroup’s diverse datasets and archives are used by the weather risk industry to help structure deals and settle contracts.
Primary Contact: Richard D. Clark, Department Chair, MS Program Coordinator, Professor of Meteorology
Telephone: (717) 872-3930
Services Provided: M.S. In Integrated Scientific Applications with specializations in 1) Weather Intelligence and Risk Management; 2) Climate Science Applications; Geoinformatics; and Environmental Systems Management. B.S. In Meteorology.
Primary Contact: Brad Hoggatt
Telephone: +1 913-253-1225
Services Provided: Weather-related financial risk management solutions associated with specific meteorological perils
Company Description: MSI GuaranteedWeather (MSI GW) identifies, analyzes, and provides custom, weather-related financial risk management solutions globally. MSI GW’s weather risk management team began in the industry during 1999 as one of the first market participants and quickly established itself as a leader in the industry having received awards as the leading broker/dealer of weather derivative products in various regions around the world.
Primary Contact: William W. Windle, CFA, Managing Director
Company Description: Munich Re is one of the largest insurance and reinsurance groups worldwide and stands for exceptional solution-based expertise, consistent risk management, financial stability and client proximity. With their long-term experience and know-how in weather-driven events, Munich Re offers tailor-made as well as standardized parametric solutions to protect their clients from loss of revenues or additional costs resulting from adverse weather conditions. Within this field of business, Munich Re is mainly focused on the energy sector and provides traditional solutions based on temperature indices but also highly sophisticated products for renewable energies and other industry sectors based on single or multiple weather parameters.
Primary Contact: Dan Stilwell
Telephone: +1 (441) 296 3626
Company Description: Nephila Capital Ltd is a leading investment manager specializing in reinsurance risk. Nephila offers a broad range of investment products focusing on instruments such as insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives.
Penn State University
Primary Contact: Professor Daniel R. Chavas
Department Description: Purdue University is a major research university located in Lafayette, Indiana known for discoveries in science, technology, engineering and more. The mission of the EAPS Department is to serve the citizens of Indiana, the United States, and the world through discovery that expands the realm of knowledge in basic and applied Earth, atmospheric, planetary and interdisciplinary sciences, learning through education and the dissemination of scientific knowledge, and engagement through the exchange of scientific skills and understanding. In particular, EAPS has recently established a GeoData Science Master for Professionals program to train a highly competitive workforce that can harness the weather, climate, geophysical, and environmental “Big Data” for decision-support in the private industry.
Primary Contact: Neil Bird
Telephone: + 61 3 9597 0357
Services Provided: Global provider of weather risk management products.
Company Description: Risk Solutions International (RSI) specializes in the provision of tailored financial risk management and credit enhancement solutions for wide ranging applications in industry, agriculture, property and the utilities sector. Risk Solutions International’s expertise is in sourcing suitably rated underwriting capital to create individual underwriting solutions, developed around the specific needs of a transaction.
Primary Contact: Dr. Steven Decker
Department Description: Rutgers, The State University of New Jersey, is a leading national research university and the state of New Jersey’s preeminent, comprehensive public institution of higher education. Established in 1766, the university is the eighth oldest higher education institution in the United States. The interdisciplinary Department of Environmental Sciences offers degrees in Meteorology, Environmental Sciences, and Bioenvironmental Engineering.
Primary Contact: Stuart Bird
Telephone: +44 (0) 1793 475882
Services Provided: Energy Supply and Trading
Company Description: RWE Supply & Trading is a leading European energy trading house and the interface between the RWE Group’s operating companies and global wholesale markets for energy and energy-related raw materials in both their physical and/or derivative forms. This includes power, gas, coal, freight, oil, weather derivatives, biomass, emissions certificates and renewable energies. We are responsible for the economic optimisation of power generation and the entire non-regulated gas business of the RWE Group, including all procurement, storage and LNG-related activities. Large industrial companies and trading partners are offered long-term delivery concepts by RWE Supply & Trading next to a trading-based portfolio management. Our headquarters in Germany boast Europe’s largest energy trading floor, complementing our network of additional trading floors in London and Swindon, as well as the subsidiary, affiliate and branch offices in Den Bosch, Prague, Singapore, New York, Mumbai and Jakarta.
Primary Contact: Stephen Doherty
Telephone: + 44 1582 465 551
Telephone (US office): + 1 843 737 4843
Services Provided: Global provider of weather risk management products.
Company Description: Founded in 1999, Speedwell Weather provides weather data, forecasts, software, and consultancy to the energy, commodity and weather risk markets. Speedwell is the provider of the Speedwell Weather System (SWS), the industry standard enterprise weather derivative pricing and risk management system. Our data products include SuperPackTM which provides clients group-wide access to our tens of thousands of high quality world-wide historical weather data sets and real time feeds. Speedwell is the dominant provider of settlement data to the OTC weather risk markets. With offices in the UK and the USA we serve clients in insurance, banking, agriculture and energy sectors world-wide.
Primary Contact: Juerg Trueb
Telephone: +41 43 285 3690
Services Provided: Insurance and Reinsurance
SwissRe offers structured commodity solutions for the energy and agricultural sector in insurance and capital market form. SwissRe is one of the world’s largest risk takers with worldwide execution capabilities in insurance and derivative form.
Primary Contact: Richard Betts
Telephone: +49 211 73275 4536
Services Provided: Weather and Commodity Risk Management Products
Primary Contact: Dr. Keith Brewster
Telephone: +1 405-325-0453
Services Provided: Academic Institution
Company Description: The Center for Analysis and Prediction of Storms (CAPS) at the University of Oklahoma (OU) has world-leading research expertise in high resolution numerical weather prediction and data assimilation. CAPS has active research and applications projects in the areas of hurricane intensity and track prediction, wind forecasting for power production, ensemble-based weather prediction, and nowcasting/short-term forecasting for hail, wind and tornado threats. CAPS and OU welcome research collaboration in any areas of weather risk management that could benefit from high-resolution numerical weather prediction, ensemble prediction, forecast downscaling or calibration.
Tel +1 206 708 8584 | Main +1 206 325 1573
Company Description: Weather is the largest variable impacting electricity generation, transmission, and demand. Vaisala understands the impact weather has on the energy industry. We combine weather expertise with modern science to provide you with equipment and services that improve the performance of your projects, reduce uncertainty, and maximize value. From greenfield prospecting, measurement, and due diligence, to operational forecasting and optimization services – Vaisala is your weather expert.
Primary Contact: Lars Maehl
Telephone: +49 40 24430-646
Services Provided: Weather Risk Management Products.
Primary Contact: David Whitehead
Telephone: +1 (843) 737-4843
Summary of Services: weatherXchange® is an independent, platform which provides free access to thousands of quality weather data sets worldwide and a wizard to simplify the design of weather protection contracts. weatherXchange connects the hedger directly with multiple protection sellers, allowing easy price comparison, or with brokers who can advise and intermediate on the hedger’s behalf. The weatherXchange Platform also offers post-transaction services necessary to settle a transaction and to monitor a hedge by providing daily P&L and VaR reports.
Primary Contact: Claire Wilkinson
Telephone: +44 (0) 203 124 6014
Business Sector: Risk Consulting & Insurance Broking Company Description