Weather house of the year: Parameter Climate

Energy Risk Awards 2024: Advisory firm shakes up weather market with raft of new services

Martin Malinow – Sompo
Martin Malinow, Parameter Climate

Weather risk has become more complex and harder to manage in recent years, leaving energy firms with a precarious ‘protection gap’, says Martin Malinow, founder and chief executive of Parameter Climate, winner of Energy Risk’s 2024 Weather house of the year award.

The firm was launched in November 2021 by a team of weather experts from Sompo Global Weather with seed funding from a global insurance company. Its aim was to bring unique and much-needed services to the climate risk transfer market.

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