OVERLAND PARK, KANSAS ─ Vortex Weather Insurance is thrilled to introduce its new Whiteboard Series of videos, designed to demystify parametric weather insurance. This engaging series aims to make it easier for consumers to quickly understand the benefits and workings of parametric weather insurance. Each video in the series breaks down complex insurance concepts into simple, easy-to-understand segments, ensuring that both insurance producers and consumers can grasp the essentials quickly.
Each less-than-2-minutes video breaks down a single aspect of parametric weather insurance into simple, bite-sized chunks that make parametric insurance easier for consumers to understand. Topics include setting policy limits, how you can use your payout, how hurricane coverage works, and how to choose your premium.
Episode Highlights
- Episode 1: Understanding Premium – Hear what factors contribute to the premium calculation.
- Episode 2: Choosing Limits – Learn what to consider when setting your insurance limit. You do not need to insure to value. Use your payout however you want.
- Episode 3: Choosing Hours – Understand which hours to insure before, during or after your event.
The Vortex Weather Insurance Whiteboard Series is designed to be a useful resource for insurance producers, brokers and agents as well as their clients, as each video quickly and simply explains how different aspects of parametric weather insurance work.
Parametric weather insurance provides coverage that is triggered by measurable weather events like a certain amount of rain or, in the case of hurricane coverage, the intensity and path of a hurricane’s recorded storm track. Payouts are made when the policy is triggered with no need for proof of damage or an adjuster, making for quick payouts with no restrictions on how the money can be used.
“Parametric weather insurance is different from conventional insurance and can sometimes be confusing for consumers,” said Andy Klaus, Vice President of Business Development. “We wanted to provide a single place where both insurance producers and consumers could go for simple explanations about how parametric weather insurance works. We think this will be a fantastic way for insurance agents to educate themselves and their customers about the ins and outs of parametric weather insurance.”
Join Us on This Educational Journey
We invite you to watch our video series and learn more about parametric weather insurance. Each episode is designed to be informative and brief, offering valuable insights and simple, easy to understand answers. We’d also love to hear from viewers any questions they’d like answered in an upcoming episode.
Watch Now
Don’t miss out on this exciting opportunity to learn more about Vortex’s innovative parametric weather insurance solutions. Visit our YouTube channel to watch the video series and stay tuned for more updates and announcements.
For more information about the Whiteboard Series or parametric weather insurance, contact Andy Klaus at aklaus@guaranteedweather.com.
ABOUT VORTEX WEATHER INSURANCE:
Vortex Weather Insurance (dba Vortex Insurance Agency, LLC) is a data-driven weather risk insurtech that offers businesses a variety of affordable parametric weather index insurance products, including commercial supplemental hurricane insurance. Since 2008, Vortex has provided insurance for outdoor events ranging from fairs and festivals, motorsports, youth sports, pickleball events, professional golf tournaments and golf clubs to outdoor theaters and concerts, haunted houses and holiday light events. Insurance is underwritten by Mitsui Sumitomo Insurance USA, Inc. (MSU), admitted in all 50 states and has an AM Best rating of A+ (Superior). Weather or not … Vortex it. Contact us at vortexinsurance.com
Media Contact:
Patrick Moree
Buffalo Groupe
832.294.4041
