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

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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