Economic results of many companies are directly impacted by weather
development. In a lot of cases the impacts on economic results are
negative. As a result, their risk management system should include
measuring and (if possible) also management of weather risk.
Services offered in the area of measurement and management of weather risk:
defining requirements for data base which can be used for weather risk calculation;
- creating a model of dependency of production, sales, sales proceeds and profit volumes on weather development;
- creating of methodology for weather risk measurement;
- verification of weather risk measurement system;
- identification of possible methods of weather risk management;
- creation of proposed form of comprehensive reporting;
- organizing a specialized workshop for weather risk management for employees of individual departments.