A parametric weather insurance platform that pays automatically when weather crosses thresholds.
You booked the festival. You flew to Ibiza. You paid €500 for a table at Oktoberfest. Then the rain came. The event still happened — you still attended — but the experience was diminished. And no insurance policy covers that.
NimbusPay is a parametric weather insurance platform embedded directly into event booking checkouts. When observable weather crosses predefined thresholds, payouts fire automatically — no claims, no adjusters, no waiting.
User pastes a booking URL. Playwright extracts event name, date, location, and coordinates via JSON-LD → OpenGraph → DOM fallback.
Open-Meteo API returns live hourly forecasts (temperature, precipitation, wind) for the event's geofenced coordinates.
Deterministic engine calculates EUR premium: base rate × seasonal multiplier × location factor × weather factor + €2.50 fee.
User toggles coverage on at checkout. Guarantee is created with parametric trigger rules and a daily reimbursement cap.
APScheduler evaluates active guarantees every UTC hour against live weather observations. If thresholds breach, claims create themselves.
No claims forms. No adjusters. The trigger IS the claim. Payout = daily cap, stamped with UTC timestamp, logged to admin dashboard.
NimbusPay embeds directly into OTA and ticketing checkout flows (Chinois Ibiza, Oktoberfest-Booking, festivals). Zero customer acquisition cost — the distribution IS the platform.
Revenue = premium per guarantee sold. Average premium: €5–€25 per event. Target attach rate: 15–25% of booking checkouts.
Premiums calculated via transparent formula: base rate × seasonal × location × weather factor + fixed fee. No black-box AI. No underwriter discretion.
| Feature | Traditional Travel Insurance | ☁️💰 NimbusPay |
|---|---|---|
| Claims process | Forms, adjusters, 6–8 weeks | ✓ Fully automatic — trigger IS the claim |
| Payout speed | Weeks to months | ✓ Instant — hourly UTC engine |
| What's covered | Cancellation / interruption only | ✓ Experience-value diminishment |
| Event still happens? | ✗ Must cancel to claim | ✓ You still attend — payout if weather hits |
| Human intervention | Required (adjuster review) | ✓ Zero — data-driven, not opinion-based |
| Distribution | Separate purchase, standalone site | ✓ Embedded at booking checkout |
| Transparency | Black-box pricing | ✓ Deterministic formula, full audit trail |
Every outdoor event booking is an uncovered touchpoint. Every festival ticket, every glamping reservation, every open-air concert — a potential NimbusPay upsell at checkout.
5-step wizard · Real Open-Meteo data · Parametric simulation engine · Admin dashboard
🔗 Launch NimbusPay Demo