The Participants on weatherXchange® are as follows:
Protection Sellers are companies that sell weather risk protection. They may be Insurance/Reinsurance companies or specialist investment funds. Requests for prices can be sent automatically to one or more selected Protection Sellers through the weatherXchange® Platform. Protection Sellers can also be contacted directly by Hedgers to establish a direct dialogue.
Hedgers on weatherXchange may require specialist advice related to weather risk hedging. While weatherXchange staff are available to help with technical questions related to using the Platform, they are not able to provide Investment Advice. Hedgers can however request the assistance of existing Broker-Advisor specialists in the field. Broker-Advisors can also help by giving the Hedger anonymity. The financial basis for the provision of this advice is negotiated between the Hedger and Broker-Advisor directly.