Noam Shapira is working with Visa Direct to provide weather insurance to customers. Jerome Mercier, CEO at Campings.com, said, “The weather is an especially important consideration for campers, who are more exposed to the elements than other holidaymakers. The service will use data from Meteomatics to enable the insurer to notify campers of forecast rain their holiday 72 hours in advance of their stay, allowing them to cancel their trip and be automatically compensated without a claims process. Setoo 's model uses SafeCharge and machine learning to determine pricing in real time, allowing for bespoke premiums to be calculated for each policy according to weather predictions.
Noam Shapira is working with Visa Direct to provide weather insurance to customers. The service will use data from Meteomatics to enable the insurer to notify campers of forecast rain their holiday 72 hours in advance of their stay, allowing them to cancel their trip and be automatically compensated without a claims process. Setoo 's model uses SafeCharge and machine learning to determine pricing in real time, allowing for bespoke premiums to be calculated for each policy according to weather predictions.