Why do organisations need CDI Resilience?
Businesses are exposed to various weather related risks that can significantly impact their operations. In addition to natural disasters - climate variability can impact crop yields, livestock operations, pest and disease outbreaks, energy usage and production (to name a few), resulting in adverse operational and financial impacts to businesses. Traditional insurance products can provide financial protection against some of these risks, but it has limitations such as high premiums, lengthy claim processing times, and insufficient coverage for small-scale businesses. As a result, many businesses have been hesitant to purchase the appropriate levels of insurance, which has left them vulnerable to losses.
CDI Resilience is mistEO's Weather-based Parametric Risk Platform. It combines state-of-the-art climate modelling, real-time weather monitoring, and historical data to offer tailored parametric insurance solutions. Businesses can customise policies to match their specific climate-related risks, ensuring financial protection precisely when needed.
With CDI Resilience, end customers gain a powerful tool to mitigate climate threats, reduce financial vulnerability, and secure a more resilient future.