Insufficient snowfall impacts businesses relying on snow accumulation. Arbol's parametric coverage for low cumulative snowfall offers tailored protection against revenue losses arising from inadequate snow. Policies can be customized with location(s), desired limit of liability, coverage trigger, and risk period.
Using ERA5 snowfall data, an insured becomes eligible for a loss payment if cumulative snowfall falls below the pre-selected trigger, ensuring businesses can maintain profitability and continue operations despite low snowfall challenges.
Mountain Resorts that rely on revenue from the ski season need natural snowfall to ensure revenue targets are met. Ski slopes require a minimum amount of snow to be usable and part or all of the slope will need to be closed if there is a lack of accumulated snow.
