Weather risk management by companies such as Delphi Weather Analytics. The weather risk market makes it possible to manage the financial impact of weather through risk transfer instruments based on a defined weather element, such as temperature, rain, snow, wind, etc. Weather risk management is a way for organizations to limit their financial exposure to disruptive weather events. By making a payment (a "premium") to a separate company that will assume the financial weather risk for them, an organization essentially is buying a type of insurance - the company assuming the risk will pay the buyer a pre-set amount of money which will
Weather spotting Weather spotting Weather spotting is observing weather for the purpose of reporting to a larger group or organization. Examples include National Weather Service (NWS) co-op observers and Skywarn storm spotters. A storm spotter is a specific type of weather spotter. In the U.S., these volunteers are usually trained by the National Weather Service or local Skywarn group, and are given a phone number, internet outlet, or amateur radio frequency to report to if a severe weather event, such as a tornado, severe thunderstorm, or flash flood occurs where the spotter is located. They add ground truth information to remote sensing