“EHAB is an absolute must use tool for infrastructure projects today.”
Ian Thrupp, PMO at Smart Motorways Alliance
Partner benefits:
Simple interface
Accurate decisions
Data Driven
COMING SOON
Parametric Weather Insurance
Protect your projects from weather exposure and protect your clients from spiralling costs due to severe weather impact.
Instant payouts to get back on your feet quickly after an extreme event
Weather-related losses can be recovered from in a matter of hours rather than months or years, thanks to instant payouts. Protect your company’s balance sheet by protecting against delay costs caused by extreme weather.
Minimise delay disruption due to unforeseen events and get your project back on track.
Protect your organisation from the worst of the climate crisis
0
s
Of hours saved. No adjustment needed.
0
hrs
Payouts in as little as 24 hours,
rather than months.
rather than months.
0
m
You control the trigger and the payout up to 5M
Why clients love EHAB
“We are partnering with EHAB to help our mutual construction clients increase their resilience to extreme weather events and tackle the growing threat from the physical risks of Climate Change. This will help our clients gain powerful insights to manage construction risk.”
Patrick Bravery, Global Head of Civil Construction, Liberty Specialty Markets
Benefits:
Proactive management
Risk reduction
Improved margins
Yan Sayles,
Project Manager, BAM Nuttall
EHAB helped achieve:
• £18,500 saved during 2 month pilot
• 80% of team time saved surrounding weather risk analysis
• Our tool improved monthly profit by 18% during pilot
Chris McGinness,
Regional Planning Manager – BAM Nuttall
EHAB helped achieve:
• A robust price backed up by data at bid stage.
• A competitive advantage for BAM when bidding for this work.
• A more accurate long term view on risk and schedule certainty.
Colin Evison,
Head of Innovation, BAM Nuttall
EHAB helped achieve:
• A smart contract sees clear thresholds and rules setup from the start. Leaving no room for subjectivity.
• Data is collected automatically, with all parties knowing exactly when a threshold is broken. The contract executes itself.
• Agreeing to a schedule of payment tied to the contract itself offers best value for money, with no need for human involvement and lightning fast resolution.
Peace of mind so you can stay focused on customers and projects
In a world of uncertainties, it’s important to have the right insurance to protect your company and your client. By purchasing construction weather insurance in the EHAB platform, you’ll be able to get back on your feet quickly after a severe event with payouts that take hours rather than months or years and balance sheet protection against any project or portfolio that could become loss making due to excessive weather exposure.
Instant payouts
Get back on your feet quickly after a severe event with payouts that take hours rather than months, or years.
You are in control of how the policy is deployed
Triggers and payout amounts are set by you, giving you total clarity on your cost profile.
Balance sheet protection
Automated payments streamline the payout process, eliminating disputes and limiting both sides’ liability. When the worst weather strikes, get back on track as quickly as possible. No matter the weather, you can have certainty over costs and impacts.
Provide the best service to your client
Mitigate the effects of events neither of you could predict and provide assurance to your clients.
FREQUENTLY ASKED QUESTIONS
To help you get started, here are the answers to some of our most frequently asked questions. If you can’t find the answer to your question, check out our knowledge base or contact the team.
What is climate risk insurance?
Climate risk insurance is a form of insurance that helps mitigate financial and other risk associated with climate change, particularly extreme weather. Climate risk insurance can help protect individuals, small businesses or entire countries from permanent damage caused by the impact of extreme weather events.
What is weather risk insurance?
Weather insurance is a type of financial coverage against losses or damages resulting from adverse, measurable weather conditions, such as wind, snow, rain/thunderstorms, fog and cold temperatures. Businesses and their associated activities are frequently safeguarded using a weather insurance policy, which is typically purchased as a separate policy. If weather conditions destroy revenue from events, insured entities are compensated by insurers.
What is parametric insurance?
A parametric insurance coverage that issues predetermined payouts if a specified event occurs.
Book a 30 minute Demo
Want to know how our platform can help you get climate resilient?
Speak to our team of experts about how EHAB helps you manage weather risk.
