BERWYN, Pa., Jan. 25 /PRNewswire/ -- Planalytics Inc. announced today that Elementum Advisors LLC, a Chicago-based alternative investment manager focused on collateralized natural event reinsurance investments, has subscribed to its Severe Weather Service.
"Planalytics' Severe Weather Service is an invaluable source of both seasonal and real-time forecast information for both tropical cyclone and winter storm activity," stated John DeCaro, Founding Principal at Elementum Advisors. "Our use of this information continues to enhance our portfolio management and trading efforts."
Planalytics Severe Weather Service provides year-round global forecasting, monitoring, tracking and alerting for tropical storms, cyclones and windstorms. Planalytics employs proprietary forecasting models to produce long-range storm forecasts of the timing, path and intensity of tropical storms in the Atlantic and Western Pacific, as well as European windstorms. The service includes daily storm monitoring and regular client consultations with a team of senior meteorologists who specialize in severe weather.
"Investors in the insurance-linked securities market insist that fund managers employ state-of-the-art risk management tools and techniques – including severe weather forecasting," said Fred Fox, Planalytics' President and CEO. 'Planalytics' Business Weather Intelligence enables Elementum Advisors to know more and know sooner about high-wind storm threats wherever and whenever they occur."
About Elementum Advisors LLC
Elementum Advisors is an independent alternative investment manager specializing in collateralized natural event reinsurance investments. Its principals possess a lengthy track record of alpha generation and experience managing portfolios across a range of objectives – from liquid cat bond to high alpha direct reinsurance strategies. Elementum's investment professionals have nearly 50 years of collective experience in capital markets reinsurance and deep access to long-term established relationships within the industry. The team possesses investment expertise across the full spectrum of reinsurance risk transfer products including cat bonds, collateralized reinsurance, exchange-traded derivatives, Industry Loss Warranty (ILW) contracts and other structured portfolio investments.
About Planalytics Inc.
Planalytics Inc. is the singular global source of Business Weather Intelligence – the actionable information companies need to understand and optimize the impact of weather on their business. Powered by an unparalleled database of weather's financial and volumetric impacts, proprietary forecasting technologies and market-specific expertise, Planalytics' Business Weather Intelligence is essential to any company, in any industry, looking to effectively shape strategies, pinpoint opportunities and make more profitable decisions. For more information, visit www.planalytics.com.
SOURCE Planalytics Inc.