Vortex Launches Fully Automated Online Weather Insurance Portal
Launching this week, Vortex's new Weather Insurance Portal is an industry-leading digital insurance platform that allows event organizers and insurance brokers to quote, bind, and insure outdoor events online in minutes.
The Portal expedites the underwriting process for parametric weather insurance and offers a seamless user experience from logging in to binding the policy quickly. Event organizers simply enter their business name, event location, date and time(s), rainfall threshold, and the amount of revenue to insure and the policy is generated almost immediately.
Additionally, users will have around-the-clock access to creating quotes, tracking rates, and activating policies on the spot. Claims and settlements are also viewable in the system. The claims process is automated and organizers can expect their payment will be mailed typically within two weeks after a claim is triggered.
Insurance brokers who add
"We're excited to introduce the Portal and its technology to insurance providers. The Portal offers these providers and their clients parametric rain insurance policies from quote to binding in a matter of minutes. This is a massive leap forward for the insurtech industry!" says
Vortex is proud to offer insurance services to various industries, including golf events, fairs and festivals, seasonal attractions, outdoor concerts, charity events and fundraisers, motorsport events, endurance and bike races, and many others.
About Vortex
CONTACT INFORMATION:
54 Brands
[email protected]
View original content:https://www.prnewswire.com/news-releases/vortex-launches-fully-automated-online-weather-insurance-portal-301660436.html
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