Air Parametric

 

Air Parametric empowers small and mid-sized businesses by reducing extreme weather event risks through data- and technology-led parametric

Milkshake®

Climate change is driving higher average temperatures and more intense, longer lasting heat waves in the US causing heat stress in livestock which significantly reduces dairy cow milk production*. AIR Parametric’s Milkshake® provides dairy farmers compensation for lost revenue and higher expenses when the temperature-humidity index (THI) reaches higher-than-normal levels, impacting a herd’s milk production and quality.

Dairy Industry Pain

Dairy is a global industry, with losses due to heat stress estimated at well over $1 billion per year in the US alone. Today, dairy farmers use costly climate-controlled barns, sprinklers, and fans to mitigate bovine heat stress, but these methods restore only a portion of a herd’s milk production and are very expensive to operate. Creditors are now concerned about severe weather’s impact on farm revenue volatility, and traditional commercial insurance options do not cover weather-related risks of lost production

Milkshake Webinar

This webinar is designed to equip you with the knowledge and tools necessary to make informed decisions about protecting your dairy farm’s financial future. Whether you’re a seasoned dairy farmer or new to the industry, this discussion promises to offer valuable insights that can benefit your operation.

Hosted by Jamie Luce, CEO, and Founder of AIR Parametric, who will give you invaluable insights into how Milkshake® can help mitigate the effects of heat stress on your herd’s milk production. Jamie brings over 27 years of property casualty leadership experience, having worked with reputable carriers like Liberty Mutual, AIG, and Jewelers Mutual. His expertise in underwriting and launching innovative insurance products, including extreme weather coverages, makes him a trusted authority in the field.

In this webinar, we address critical questions including:

  • The Impact of High Heat Weather Conditions on Dairy Farming: Gain a deeper understanding of how high heat weather conditions, such as high temperature-humidity indexes (THI), affect milk production and quality in dairy herds.
  • Challenges Faced by Dairy Farmers: Explore the current challenges dairy farmers encounter when dealing with heat-related risks, including the limitations of traditional mitigation methods and the financial implications of lost production.
  • Innovative Solution for Risk Management: Discover how Milkshake® from AIR Parametric is revolutionizing the way dairy farmers mitigate Heat Stress. Learn how Milkshake® provides compensation for lost revenue and increased expenses during periods of elevated THI, offering a more cost-effective and efficient alternative to traditional methods.

A Better Solution

Milkshake’s proprietary products and pricing models utilize leading weather data and geospatial technology, embedded AI technology, and 24/7 monitoring ensuring transparency and immediacy, and dramatically simplify claim processes for policyholders and distribution partners.

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Clear and simple triggers remove the mystery of claims

Immediate, automated claims processing, providing funds to customers in real time after a loss event

Continuous weather data monitoring allowing insurance carriers to project and quickly react to outcomes

New product innovation, even when there is sparse historical claim data available

Aggregate capacity and limits to cover all sizes of dairy farms

Proprietary modeling, accounting for historical and projected weather of the farm location

Covers currently uninsurable risk, and addresses existing gaps left by traditional products

Join A3 Today