Verisk Climate , WDT Ally on Analysis of Weather’s Effects on Business

Weather Decision Technologies content will power climate-business analytics that Verisk Climate currently offers across all its markets, including insurance and reinsurance.

Verisk Climate, a division of Verisk Analytics providing climate risk management solutions, and  Weather Decision Technologies (WDT),  a weather-related decision support solution provider, have formed an alliance to develop advanced analytics and solutions focused on the business impacts of weather perils.Kyle-Beatty-Verisk-Climate

Verisk Climate now serves as WDT’s distribution channel into global insurance markets, according to a vendor statement. Verisk Climate will build  on content from WDT to power climate/business analytics that Verisk Climate currently offers across all its markets, including insurance  and reinsurance.

“By combining WDT’s weather content with Verisk’s scientific capabilities, analytic leadership, and workflow integration, Verisk Climate’s customers will have access to the most sophisticated, reliable, and easy-to-use climate-business analytics on the market,” asserts Kyle Beatty, president, Verisk Climate. “Together, we are substantially expanding the resources available to Verisk Climate’s corporate logistics, insurance, and risk management clients.”

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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