Verisk Climate, a leading provider of enterprise climate risk management solutions, and Weather Decision Technologies (WDT), a high-technology leader in the weather industry, announced that they formed a long-term alliance to develop new, more advanced analytics and solutions focused on the business impacts from weather perils.
Verisk Climate now serves as WDTs channel into the global insurance and restoration markets. Verisk Climate will build upon content from Weather Decision Technologies to inform the climate-business analytics that Verisk Climate offers across all its markets, including insurance and reinsurance, corporate supply chain, and capital markets in the United States, Canada, Europe, and the Pacific region. Verisk Climate is a division within Verisk Analytics (VRSK).
Verisk Climate and WDT share a vision to transform how businesses prepare for and react to the weather. WDTs focus on developing highly reliable, near-real-time weather content will enable a new generation of services that Verisk Climate will offer to its clients globally.
About Weather Decision Technologies (WDT): Weather Decision Technologies, Inc. , is the industry leader, providing organizations with weather decision support on a global scale. WDT offers specific expertise with Big Data as it applies to hazardous weather detection and prediction, forecast modeling, decision analytics, GIS, mobile apps, and interactive mapping. WDT employs the world-renowned WeatherOps forecast team, staffed by experts who provide global asset projection and commodities-trading decision support.
Source: Seeking Alpha