USA Rainfall-Based Parametric Insurance Product Model by ValueMomentum
The USA Rainfall-Based Parametric Product Model by ValueMomentum enables insurers to design and deploy modern parametric crop products on Guidewire PolicyCenter and replaces subjective loss assessment with objective, data-driven payouts triggered by predefined rainfall thresholds that are rooted in data from NOAA and RMA.
Partner: ValueMomentum
Deployment: Guidewire Cloud Platform
Developer : ValueMomentum
Guidewire Product Version: Olos
Works With: PolicyCenter, Product Models (APD)
Version: 1.0.0
Released:
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