Weather Trade Net Ltd ("WTN") is a DeepTech, FinTech & ClimateTech startup. We help businesses identify, measure, and understand the impact of climate hazards on their operations.
Our product, Climate Audit AI, addresses a global challenge: climate-related loss and damage affecting millions of businesses. Using AI-driven predictive modeling, WTN’s solution assesses a property’s risk exposure to extreme weather events. WTN technology allows you to scan an entire company or portfolio of real assets with just one click. We tell which factories and facilities are uninsurable, and which will be in 5-10-20 years?
A bottom-up approach considers both, direct physical damage and indirect financial losses caused by extreme weather events.
Floods, storms, and wildfires do more than damage assets at their epicenter, they disrupt business operations and supply chains across vast regions, sometimes hundreds of miles away. These disruptions lead to delays, production halts, and increased operational costs.
The financial impact of business interruptions varies significantly by industry and asset type. Damage to critical infrastructure (e.g., power plants, railroads) has far-reaching economic consequences compared to damage to office buildings. Understanding these cost drivers and their broader financial implications is essential for relevant Climate VaR assessments.
Reach out to WTN team to discuss how you can integrate this data into third-party tools and software.