Arbol’s travel solutions provide coverage against weather-related risks, ensuring peace of mind for travelers and service providers alike.
Our team brings decades of combined experience helping clients across the travel sector hedge and manage climate risk. Our end-to-end risk management ecosystem is designed to create solutions that meet the needs of your business and clients and help them build financial climate resilience.
Parametric insurance operates on a model that pays out based on the occurrence of predefined triggers, such as wind speed or rainfall level, rather than traditional claims processing.
Protects against adverse weather conditions that could impact travel experiences, such as excessive rainfall.
Ideal for outdoor activities, events, and tourism experiences.
Parametric insurance operates on a model that pays out based on the occurrence of predefined triggers, such as wind speed or rainfall level, rather than traditional claims processing.
Covers weather-related business interruptions for travel service providers.
Applicable for hotels, tour operators, and other travel-related businesses facing operational disruptions due to adverse weather.
We can structure and build a program for almost anything. We specialize in building customized climate solutions to fit the needs of your business and clients.
Our proprietary pricing platform will get a quote for your business light years faster than the rest of the industry.
When your selected triggers are met, you get a rapid payout without the mountains of paperwork, months-long settlement process, or needless disputes.
Explore our FAQ to learn how Arbol leverages technology for parametric insurance, managing climate risks effectively for diverse industries.
Parametric insurance is a type of insurance that pays out when a specific event occurs, rather than based on the actual loss incurred. It uses predefined parameters or triggers, such as a certain amount of rainfall, wind speed, or temperature, to determine when a payout is made.
This differs from traditional insurance, which requires an assessment of the actual damage before a claim is paid out. Parametric insurance offers faster, more transparent, and more predictable payouts.
Parametric insurance offers several benefits over traditional insurance, including:
Parametric crop insurance offers immediate payouts if specific weather parameters that could affect crops, like rainfall levels or temperatures, reach predefined thresholds. This helps farmers manage financial risks from adverse weather without the lengthy claims process typical of traditional insurance.
Arbol covers a wide range of climate and weather-related perils, including but not limited to:
These coverages help protect businesses and individuals against the financial impacts of adverse weather conditions and climate events. Arbol can also cover perils/risks not listed here. Please reach out to our team for more information on customized solutions and products.
Are you interested in our products and want to request pricing tailored to your needs? Fill out our form and our team will provide you with a personalized quote.
