Company Information

Get to know WeatherPromise

WeatherPromise Inc. is an insurance technology company that offers customized, parametric weather insurance policies. By leveraging advanced weather modeling and data, the company allows clients, such as event organizers and seasonal businesses, to select a specific location, time period, and weather condition (e.g., rainfall, high winds, extreme temperatures) that would negatively impact them. If the specified weather event occurs as measured by third-party data, the policy triggers an automatic, rapid payout without the need for a traditional, lengthy claims process. The company's mission is to provide a simple and transparent way for businesses to manage financial risks associated with adverse weather.

Industry

Financial InsurancePRIMARY
Financial Other Service

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WeatherPromise

United States

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.