Press Release

The InsuResilience Investment Fund (IIF) has initiated the development of a new set of rainfall data for Latin America to address the region’s specific climatic challenges.

The new data set will serve as the basis for the introduction of parametric insurance for a better management of agriculture risks throughout the continent. CelsiusPro acts as the Technical Assistance Facility Manager of the IIF.

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CelsiusPro manages technical assistance for national agricultural insurance scheme in Armenia

To address the risks related to climate change and adverse weather, private and public partnerships can fill the void of agricultural insurance. CelsiusPro’s consultancy services and expertise in technical assistance play an important role for the implementation of agricultural insurance in Armenia.

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CelsiusPro’s products help to mitigate NatCat risks

The World Economic Forum (WEF) analyzed the most pressing global risks and declared extreme weather events to be the most serious peril in the global risk landscape. This – and the effects of climate change in general ­– presents insurers with great challenges. CelsiusPro offers products to insurers that help to mitigate these risks.

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Press Release
CelsiusPro launches new Crop Insurance Pricer for India

CelsiusPro introduces the new PMFBY Portfolio Pricer, a highly efficient pricing tool for the PMFBY insurance scheme in India. The PMFBY crop insurance scheme was initiated by Prime Minister Modi in 2016. The easy-to-use tool enables local insurers to consistently price any crop insurance for the PMFBY.

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Press Release
World Bank Group and CelsiusPro Partner to Expand Access to Finance for Ukrainian Farmers by Innovative Agri Insurance Product

The World Bank Group and CelsiusPro AG have partnered to make agricultural insurance in Ukraine more affordable for smaller companies, expanding farmers’ access to financial services and helping boost agricultural productivity.
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Press Release
Launch of unprecedented Climate Insurance Fund aiming to improve the resilience of the world’s poor to extreme weather events

BlueOrchard, partnering with CelsiusPro, is proud to announce its appointment as Fund Manager of the Climate Insurance Fund (CIF) after a rigorous international tender process. The mandate marks yet another innovation milestone for the impact investing pioneer. The Climate Insurance Fund is an unprecedented thematic fund designed to reduce the vulnerability of micro, small and medium enterprises as well as low-income households to weather-related threats.
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Press Release
CelsiusPro Australia wins Australian Insurance Industry Awards 2014 in Category Innovation

Weather risk management specialist ‎ CelsiusPro Pty Ltd has been awarded the Australian Insurance Industry Award for the category Innovation of the Year. Amongst other awards, the ANZIIF looks to recognize new products and companies in the market, which aim to bring change and innovation.
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Press Release
CelsiusPro nominated for Australian Insurance Innovation Awards 2014

CelsiusPro Pty Ltd has been shortlisted for an Australian and New Zealand Institute of Insurance and Finance (ANZIIF) Innovation Award for 2014. Amongst other awards, the ANZIIF looks to recognize new products and companies in the market, which aim to bring change and innovation.
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Press Release
Stefan Lippe and Jürg Haller join CelsiusPro AG Board

The board of CelsiusPro welcomes Stefan Lippe and Jürg Haller as new board members. Mark Rueegg, founder and CEO of the firm announces that he stepped back from his Chairman position which is now held by Stefan Lippe. Juerg Haller joins as non-executive board member. The two new board members have extensive leadership experience at the largest Swiss reinsurance company Swiss Re and the largest Swiss bank UBS.
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CelsiusPro Medienmitteilung
Wetterversicherung: CelsiusPro & Allianz Global Assistance lassen Urlauber nicht im Regen stehen

Der Schweizer Wetterrisikomanagement Spezialist CelsiusPro AG und der Versicherungsanbieter Allianz Global Assistance starten eine Partnerschaft damit Urlauber nicht mehr im Regen stehen. Mittels einer Wetterversicherung erhalten Reisende eine Auszahlung für Regentage am Urlaubsort.
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Allianz Global Risk Press Release
ELVIA Wetterversicherung – Ein Regenschirm fürs Ferien-geld

Mit ihrem neuesten Produkt, der ELVIA Wetterversicherung, bietet Allianz Global As-sistance in Zusammenarbeit mit CelsiusPro ab sofort Schutz vor schlechtem Ferien-wetter. Dem Versicherungsnehmer werden ab dem zweiten Regentag 100 Franken für jeden Tag schlechtes Wetter erstattet.
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WRMA press release
WRMA appoints new officers and board members for 2012-2013

The Weather Risk Management Association (WRMA) has appointed a new Board of Directors and elected officers to lead and counsel the organization in 2012 and 2013. Elected for two-year terms to the Board of Directors were Richard Betts of E.ON; Jens Boening of EDF Trading; Marty Malinow of Galileo; Mark Rueegg of CelsiusPro; Dan Tomlinson of Allianz and David Whitehead of Speedwell.

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CelsiusPro Medienmitteilung
Zusammenarbeit mit Construction Industry Federation Irland

Mittels der Partnerschaft mit CelsiusPro möchte der Irischen Bauverband CIF seine Mitglieder aktiv unterstützen, finanzielle Schwierigkeiten bedingt durch ungünstige Wetterlagen zu bewältigen. Nach Kollaborationen mit dem holländischen Bauverband Bouwend Nederland und dem britischen Bauverband „Federation on Master Builders“ ist dies für CelsiusPro bereits die dritte Partnerschaft dieser Art.

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CelsiusPro Press Release
Collaboration with Construction Industry Federation Ireland

CelsiusPro announces its partnership with the Irish association “Construction Industry Federation”. Through this collaboration CIF will promote weather certificates such as Frost Day and Rain Day certificates to construction companies. For CelsiusPro this is the third collaboration of this kind after having launched two successful partnerships with Bouwend Nederland and Federation of Master Builders, UK.

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CelsiusPro Medienmitteillung
Partnerschaft mit Britischem Bauverband

Der Zürcher Wetterriskomanagementspezialist CelsiusPro AG kündigt seine Zusammenarbeit mit dem Britischen Bauverband „Federation of Master Builders“ an. Der grösste britische Handelsverband der Bauindustrie promotet nun massgeschneiderte Wetterzertifikate zur Absicherung gegen Frosttage- und Regentage für englische Bauunternehmen.

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CelsiusPro Press Release
Launching partnership with British Construction Association

CelsiusPro AG, the Swiss-based weather risk management specialist, is to launch its newest partnership with Federation of Master Builders – the British construction association. The UK’s largest trade association within the construction industry promotes weather certificates to construction companies who can now purchase tailored weather certificates such as Frost Day and Rain Day Certificates.

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Insurance Times
Swiss Re, Aon Ben and NRWB make risk weather product

Swiss Re, Aon Benfield Securities and The National Register of Warranted Builders (NRWB) have made a risk management product that pays Federation of Master Builder members if severe frost and rain stops building work. The product, also developed by weather risk management firm CelsiusPro, was made after recent extreme weather events stopped FMB members from working and lost them money.

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Blacksocks Press Release
BLACKSOCKS Schönwettergarantie: Die erste Sommerhälfte war lausig

BLACKSOCKS versprach einen schönen Sommer und pries Socken mit Schönwettergarantie an. Regnet es mehr als vereinbart, erhält der Kunde sein Geld zurück. Nach der Halbzeit zeigt sich nun: Das Wetter war lausig. Geht es mit dem nassen Wetter so weiter, können sich die meisten Kunden, die mit ihren Socken eine Schönwettergarantie gekauft haben, über Gratis-Socken freuen.

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Press Release: Winners despite bad summer weather

Locarno International Film Festival, Bielersee-Navigation-Company and Ski Lifts Schwyz-Stoos Fronalpstock are among the winners. They hedged their financial risks due to bad weather in summer with customized weather derivatives and received an automatic payout following a rainy summer.
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CelsiusPro
Ferienart Resort & Spa Hotel in Saas-Fee and CelsiusPro offer Weather Insurance for hotel guests for the first time

Guests of Ferienart Resort & Spa Hotel in Saas-Fee (Switzerland) only pay for sunny days of their vacation. Innovative concept for management of weather induced revenue risks in the tourism industry.

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CelsiusPro
Ferienart Resort & Spa Hotel in Saas-Fee bietet in Zusammenarbeit mit CelsiusPro erstmals Wetterversicherung für Feriengäste an

Gäste von Ferienart Resort & Spa Hotel in Saas-Fee bezahlen nur für die sonnigen Tage des Urlaubs. Neuartiges Konzept zum Management von Wetterbedingten Umsatzrisiken in der Tourismusindustrie.

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