The Climate Corporation aims to protect the $3 trillion global agriculture industry from the financial impact of adverse weather—the cause of over 90% of crop loss—with automated, full-season weather insurance.
Total Weather Insurance (TWI) is The Climate Corporation's flagship full-season weather insurance program. Created with insights from agronomists and growers nationwide, TWI addresses growers' exposure to financial loss even when they fully utilize federal crop insurance programs. Unlike traditional insurance, TWI pays out solely based on measured weather conditions, requiring no unnecessary paperwork, no claims process and no waiting for payment.
At the heart of TWI is the company's technology platform, which ingests weather measurements from 2.5 million locations and forecasts from major climate models on a daily basis, and processes that data along with 150 billion soil observations to generate 10 trillion weather simulation data points used in the company's weather insurance pricing and risk analysis systems.