Product & Commercial FAQs

What is WeatherIt and how does it work with my business?

WeatherIt is a parametric weather insurance product that protects customers against defined rainfall conditions during a specific coverage window.

flowchart LR
 A[Partner Offers<br/>WeatherIt] --> B[Customer<br/>Purchases]
 B --> C[Coverage<br/>Period]
 C --> D{Trigger<br/>Met?}
 D -->|Yes| E[Automatic<br/>Payout]
 D -->|No| F[No<br/>Payout]

 style A fill:#e1f5ff
 style B fill:#fff4e1
 style C fill:#e8f5e9
 style D fill:#f3e5f5
 style E fill:#e8f5e9
 style F fill:#ffebee

How It Works With Your Business

Partners offer WeatherIt as an optional add-on alongside their core booking or event products. Key points:

Aspect	How It Works
Purchase	Customers purchase insurance separately from the booking itself
Terms	Clear trigger conditions and automatic outcomes
Independence	WeatherIt operates independently of your refund policies, cancellation terms, and event operation decisions

What are the benefits of becoming a WeatherIt partner?

Partners benefit in several ways:

flowchart TB
 subgraph Benefits["Partner Benefits"]
 direction TB
 A["Increased Customer<br/>Confidence"]
 B["Incremental Revenue<br/>Per Booking"]
 C["Fewer<br/>Cancellations"]
 D["Reduced Weather<br/>Disputes"]
 E["Clear Insurance/<br/>Booking Separation"]
 end

 style A fill:#e8f5e9
 style B fill:#e8f5e9
 style C fill:#e8f5e9
 style D fill:#e8f5e9
 style E fill:#e8f5e9

Detailed Benefits

Benefit	Description
Customer confidence	Customers book with peace of mind knowing they're protected
Revenue	Incremental revenue per booking with minimal operational overhead
Reduced cancellations	Customers are more likely to proceed with bookings
Fewer disputes	Weather-related complaints are handled by WeatherIt
Clear separation	Insurance terms are distinct from your business terms

No Business Model Changes Required
WeatherIt allows partners to address weather risk without changing their core business model, refund policies, or operational processes.

How is WeatherIt different from our existing refund policy?

WeatherIt is completely separate from your business's refund or cancellation policies:

Your Policies	WeatherIt
Set by you	Set by insurance product terms
Based on your discretion	Based on objective weather data
May involve negotiation	Automatic and rules-based
Your liability	WeatherIt's liability

What commercial models are available?

WeatherIt works with partners to establish commercial arrangements that suit both parties. Common models include:

Revenue share arrangements
Markup/commission structures
Bundling approaches

Commercial Flexibility
Commercial terms are agreed during partnership setup and tailored to your business model and volume expectations.

What products or experiences can WeatherIt cover?

WeatherIt can be configured for various outdoor experiences and events:

Tourism and attractions
Outdoor events and festivals
Sports and recreation
Travel and accommodation
And more

Product Scope
Specific products and experiences to be covered are confirmed during partnership onboarding. Not all activities may be suitable for WeatherIt coverage.

WeatherIt adds value without adding complexity. It's designed to complement your existing business, not complicate it.