What Is Weather Protection (Rain Insurance)

Weather protection is a form of parametric insurance for consumers.

Parametric Insurance
Instead of assessing individual customer losses, coverage payout is triggered automatically based on measured weather conditions.

How Triggers Work

flowchart LR
    A["Weather<br/>Condition"] --> B["Predefined<br/>Location"]
    B --> C["Defined<br/>Time Window"]
    C --> D["Automatic<br/>Payout"]

    style A fill:#e1f5ff
    style B fill:#e1f5ff
    style C fill:#e1f5ff
    style D fill:#e8f5e9

Trigger Element	Description
Weather condition	Predefined rainfall threshold
Location	Specific geographic point
Time window	Defined coverage period

Trigger Determination

24x7 Monitoring
WeatherIt monitors rainfall levels recorded by official National Meteorology Weather Stations (Bureau of Meteorology in Australia, MetService in NZ).

flowchart TB
    A["Official Weather<br/>Station Data"] --> B["WeatherIt<br/>24x7 Monitoring"]
    B --> C{"Rainfall Reaches<br/>Policy Threshold?"}
    C -->|Yes| D["Trigger Event<br/>Automatic Payout"]
    C -->|No| E["No Trigger<br/>Coverage Continues"]

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

What Makes It Different

Traditional Insurance	WeatherIt
Claims form required	No claims form
Loss assessment needed	No loss assessment
Discretionary decisions	No discretion once triggers are met
Processing delays	No delay — payout is fast

The Customer Experience
If hourly recorded rainfall reaches the levels defined in the customer's policy, a trigger event occurs and a payout is made automatically. No forms, no waiting.

Parametric insurance removes subjectivity—weather data determines outcomes, not assessors.