Archive for September, 2016

Organic wine growers demand innovative risk management solutions

vineyards

Fewer chemicals, better for the environment, and less powerful hangovers- no wonder organic wine production is booming in the prestigious vineyards of France

Besides producing over 7 billion bottles of wine a year, France is the source of many grape varieties that are now planted throughout the world (including Cabernet Sauvignon, Chardonnay, Pinot noir, Sauvignon blanc, Syrah), as well creating the wine-making practices and styles of wine that have been adopted in other producing countries. Visiting the wine region of the Loire Valley has become as chic an affair as the prestige wines that originate there.

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Meteo Protect Named a Finalist in 2016 SuperNova Awards

Recognized in the Category “Data to Decisions” for Disruptive Technology Leadership

SuperNova Awards

Meteo Protect today announced it was named a finalist in the sixth annual Constellation SuperNova Awards. The Constellation SuperNova Awards recognize leaders and teams for their innovative application of disruptive technology in business.

Meteo Protect has been recognized for its work responding to the effects of climate change, for businesses affected by weather variability, in increased costs of production or distribution, lost sales, or other effects along the supply chain. Meteo Protect provides clients with insurance policies and customized price quotes based on a set of individual parameters, using a web-based underwriting and pricing platform for providing completely customized insurance for any weather-related risk.

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An Olympic Blunder in Risk Management?

Millions in revenue lost for delays, cancellations and rerouting of sports events

rio under the rain

It was the first day medals were to be awarded for the Olympic rowing regatta, and yet no racing was taking place. Rain and persistent strong winds lashed the Rodrigo de Freitas lagoon in Rio de Janeiro leading to the postponing, and eventually, the cancellation, of racing, with organizers and team managers scrambling to prepare a revised schedule for the following day. Similarly, tennis competitions were delayed on outside courts.

In fact, the weather has been a hot topic for a number of sports this year. In June, it sparked outrage among players in the French Open, with the first complete cancellation of matches at the French Open since the year 2000 and other damp days resulting in delays and frustrations from players and organizers alike. Guy Forget, the Director of the Roland Garros Tournament, took the brunt of criticism for the controversial decision to play as long as possible, even in conditions considered difficult if not dangerous, by the competitors.

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