Kairos creates new weather data tool
Kairos Risk Solutions has introduced its new Weather Data Platform, a tool designed to equip insurance brokers with localised, data-driven weather projections to improve climate risk assessment and strengthen the use of parametric insurance solutions.
According to the company traditional weather models often lose reliability beyond short-term forecasts, limiting how far ahead insurers can plan. The Kairos Weather Data Platform addresses this limitation by integrating Artificial Intelligence with traditional meteorological forecasting methods to project weather trends up to a year in advance.
The platform evaluates 77 environmental variables from rainfall and wind speed to solar irradiation, generating probabilistic forecasts and adaptive trigger recommendations that help brokers identify and quantify weather-linked exposures more effectively. The initiative supports the industry’s growing focus on data transparency and predictive analytics.
“For brokers, timely and credible insights into weather risk are vital to designing appropriate parametric solutions,” said Jeffrey Khoo, chief executive of Kairos Risk Solutions. “Our new platform places these insights directly in their hands, transforming how they analyse and respond to climate volatility.”
According to Casmond Lim, chief operating officer and project lead, the system will evolve continuously: “We’re refining the model to enhance spatial accuracy and scenario testing, ensuring brokers can make more informed recommendations for resilience planning and risk transfer.”
Access to the platform is being extended to Kairos’ partner network and licensed brokers seeking to strengthen their capabilities in climate risk advisory.
Kairos Risk Solutions is a risk consultancy firm with a presence in Singapore, Shanghai and Tokyo. The company primarily develops parametric, trade credit, cyber risk, satellite solutions, banking solutions including trade digitalisation.
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