Prepare
Haul-outs, shutters, staff plans and inventory moves.
The storm passes. The disruption stays.
Preparation, closures and a slow return to normal can put pressure on a coastal business.
Location + storm characteristics
A trigger needs a defined place.
Set the area around your locations, the storm strength and the payment schedule before the season begins.
What is agreed in advance
Where
A defined location or area
What
A storm characteristic and threshold
How much
A payment schedule and limit
The business impact
Before. During. After.
Close
Evacuation, cancellations and lost trading days.
Return
Access, power, cleanup and the return of customers.
The measurement matters
Define the reading before the risk begins.
- A named storm's track and intensity within a defined area
- Wind speed at or near your locations
- Storm surge height at a named tide gauge
Build a parametric insurance policy around the selected measurement and payment schedule.
How the structure is chosenWho it’s for
Where this becomes relevant.
Coastal property owners
A hurricane deductible, often a percentage of insured value, can leave a large share of a loss to the owner.
Marinas
Storm preparation, closures and a slow return of boaters add costs and cut revenue, even when the docks are undamaged.
Explore the industry perspectiveHotels, resorts and event venues
Evacuation orders and cancellations empty rooms and calendars, even when the property is not damaged.
Coastal golf clubs
Cleanup can close the course and cancel rounds and events for weeks after a storm.
Explore the industry perspectiveBefore we talk
A few useful answers.
How is the defined area set?
The zone is drawn around your locations and paired with a storm-strength threshold. The payment schedule can use storm intensity and proximity to determine amounts. We compare zone sizes and prices against your exposure.
Can it help with my hurricane deductible?
Yes. We use your deductible and cash reserves to size the payment schedule, then choose the storm measurement and trigger around your locations. That puts a dedicated source of storm-related funding into your planning.
Your next step
Start with your exposure.
Bring us the question. We’ll help you understand the exposure and the options available.
Prefer email? Contact our teamUseful for a first conversation
- Your business locations and risk period
- Revenue, costs and weather-related interruptions
- Existing insurance and relevant weather records
You don’t need everything ready to get in touch.