Jola

toujours là*
*never let you down

WIND PRODUCTION COVER

MILD WINTER COVER

OBJECTIVES

  • Protect revenue against mild winter risk

HOW DOES IT WORK ?

Inception

  • [Jola & Client] Definition of cover parameters : risk period, reference weather stations, index calculation methodology, strike, exit (cap/floor), tick, maximum payment amount

  • [Jola & Client] Selection of the counterparty (risk taker)

  • [Risk taker & Client] Signature of the contract and payment of the premium at least 15 days before the start of the coverage period

At the end of the coverage period

HOW MUCH DOES IT COST ?

  • The insurance premium depends on the contracts parameters

  • Typically between 5% and 20% of the maximum payment amount

  • Examples (Europe)

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ABOUT US

Jola is an independent risk management consultant and insurance broker with strong expertise in weather risk management and parametric insurance structuration. 

Jola is a French "Société par Actions Simplifiée" with variable capital of 5.000 €, which registered office is at 74 A rue Lecourbe, 75015 Paris - France. Jola is registered in the Paris Trade and Companies Register under number 834 358 111. Jola is registered in the French registry of insurance intermediaries under number 18 007 161. Jola benefits from the free provision of services across the EU and is therefore authorized to distribute insurance to all clients in the European Union. 

 
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ENERGY - WIND