Washington, DC – Weather Analytics, the leading provider of weather and predictive risk software for the insurance industry, announced today that global insurers Tokio Marine HCC and W. R. Berkley Corporation together have funded a $17 million Series B financing round. With the new capital, Weather Analytics’ total funding now exceeds $30 million.
“This financing will accelerate scientific and technical innovation that vastly improve decision support in risk selection, pricing and policyholder services for insurance companies across the globe,” said Bill Pardue, Chairman & CEO of Weather Analytics. “Established providers are charging insurers too much and delivering too little. Weather Analytics is disrupting that equation.”
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