WeatherBacker^® Climate Event

ACE’s WeatherBacker^® Climate Event Products offer a range of coverages tailored to specific weather-related risks. Available on a worldwide basis, our flexible products can be written as a stand alone policy or as an endorsement for other ACE products.

Benefits:

• Accommodates customer preference to submit claims either by showing evidence of insured loss or by citing actual experience vs. index (e.g., how many inches of rain fell or did not fall)
• Allows companies with multiple locations to tailor highly-customized, cost-effective solutions for each exposure
• Businesses can choose:
  • Single event products with payouts linked to specific weather outcome, or
  • Blended products covering adverse financial effects of both weather and some other risk, such as power outage or property loss