WeatherBill Pro FAQ
WeatherBill Pro Partner Overview
 
What is the WeatherBill Pro Partner Program?
What products and services does WeatherBill offer?
Is WeatherBill selling insurance?
Does WeatherBill have a credit rating? Are payments guaranteed?
How does the WeatherBill Pro Partner Program benefit me?
Who can become a WeatherBill Pro Partner?
Who can become a WeatherBill client?
What level of involvement is required for me to be a WeatherBill Pro Partner?
What about training?
What about support?
Does WeatherBill provide marketing?
How do I sign-up as a WeatherBill Pro Partner?
How do I log on to WeatherBill Pro?
How does WeatherBill know which businesses I referred to your site?
How do I track referral fees and receive payments?
What if I have more questions about how the WeatherBill Pro Partner program works?


What is the WeatherBill Pro Partner Program?
The WeatherBill Pro Partner Program was designed for companies that work or interact with weather sensitive businesses. If you work with companies affected by the weather, WeatherBill will pay you a commission for weather coverage purchased by those companies through the WeatherBill website.

WeatherBill Pro provides an easy to use web interface for managing clients and contracts. You can create and modify client details, quote coverage, assign contracts to clients for purchase, and view reports of the commissions your company has earned.

What products and services does WeatherBill offer?
WeatherBill is the only service to offer businesses weather coverage they can design and price in minutes. Best of all, there is no paperwork, claims process, proof of loss or waiting period for payment - everything is handled online and automatically. For the first time, companies can easily and affordably protect their revenue and control costs due to bad weather.

Is WeatherBill selling insurance?
No. WeatherBill provides simplified, customizable weather coverage that is safe and reliable like insurance, but without the paperwork, claims process, proof of loss or waiting for payment.

Does WeatherBill have a credit rating? Are payments guaranteed?
WeatherBill has not been rated by a credit authority. However, we guarantee payments to our counterparties through a risk capital agreement with Nephila Capital. Nephila, a leading fund manager with over US$2 billion under management, provides the risk capacity and collateral to cover all the weather contracts sold by WeatherBill.

How does the WeatherBill Pro Partner Program benefit me?
The WeatherBill Pro Partner program allows you to introduce an unlimited number of companies to the unique weather coverage provided by WeatherBill. You are paid a percentage of all premiums collected from those companies. In addition to viewing details of companies you have introduced to WeatherBill in real-time via WeatherBill Pro, WeatherBill will provide you with quarterly payments and statements of referral activity. (If receiving commission fees from WeatherBill would present a conflict of interest for your company, you can still participate as a WeatherBill Pro Partner without commissions or you can rebate commissions back to your clients.)

WeatherBill also enables you to provide a valuable service to your clients by introducing them to a new and unique way to get weather protection. Linking your clients to our unique weather coverage products, weather research and news can differentiate you from competition while enhancing your relationships.

Who can become a WeatherBill Pro Partner?
Any business with $1 million or more in net worth may become a WeatherBill Pro Partner.

Who can become a WeatherBill client?
Businesses with $1 million or more in net worth or individuals with $5 million or more in net worth may buy weather coverage from WeatherBill. Agriculture, Construction, Energy, Transportation, Travel and Leisure and Retail businesses are particularly weather sensitive and will benefit most from WeatherBill's tools and coverage.

What level of involvement is required for me to be a WeatherBill Pro Partner?
WeatherBill Pro Partners can simply register clients with WeatherBill and allow them to quote and purchase contracts on their own. They can also choose to fully manage clients, quoting coverage for them, and facilitating their purchase of coverage. Partners will receive a percentage of all premiums collected from their clients. Some WeatherBill Pro Partners may also want to add Weather Risk Analysis to the services they perform for their clients, in which case WeatherBill can help with historical weather data and analysis of weather impacts on financial performance.

What about training?
WeatherBill provides Pro Partners with training on how to quickly get up and running with WeatherBill Pro. Topics include creating and managing client information, quoting coverage, assigning contracts to client accounts, facilitating contract purchase, and generating commission reports.

What about support?
WeatherBill provides complete support to customers - Referral Partners are not required to provide any support or maintenance to referrals made to WeatherBill. Qualified referrals can call WeatherBill at (888) 924-7475 during normal business hours. If you are calling from Canada, please call (415) 986-4453. You an also email us at support@weatherbill.com anytime.

Does WeatherBill provide marketing?
Yes. Our ever expanding marketing reach and impressive press coverage will increase the awareness of weather risk as well as the recognition of WeatherBill products as the leading solution. We can also provide you with product brochures, seminar content and helpful conversation starters and tips in addition to our free tools, research and news. Our valuable weather content can enhance your website, provide interesting topics for group events and add interest to newsletters or other marketing communications.

How do I sign-up as a WeatherBill Pro Partner?
  • Go to http://www.weatherbill.com/partner/signup and complete the registration form.
  • Submit the form through our website and wait for a confirmation e-mail to arrive.
  • Click the link in the e-mail you receive from WeatherBill to confirm your e-mail address.
  • Confirm your agreement to the Referral Partner contract. You will receive a Referral Partner ID number and Referral Partner link.

How do I log on to WeatherBill Pro?
Visit http://www.weatherbill.com/pro and specify your email address and password to begin creating clients and quoting contracts.

How do I track referral fees and receive payments?
Once you sign up as a WeatherBill Pro Partner, you will be able to log into WeatherBill Pro (www.weatherbill.com/pro) and see real-time updates of customer purchases and the account administrator for your company will be able to view commission activity. You will also receive detailed quarterly statements from us listing clients you have signed and commissions from coverage purchased by these clients.

What if I have more questions about how the WeatherBill Referral Partner program works?
If you have additional questions about the WeatherBill Referral Partner program, please call (888) 924-7475 during normal business hours or send an e-mail with your questions to support@weatherbill.com. If you are calling from Canada, please call (415) 986-4453.

WeatherBill Pro Partner Overview
Using WeatherBill Pro
 
What actions can I perform with WeatherBill Pro?
What is an agency?
What is an agent?
What is the difference between fully-managed and self-service clients?
What is the process for self-service clients to purchase contracts?
What is the process for fully-managed clients to purchase contracts?
How do I create agents?
Can agents see the commission they earn through WeatherBill Pro?


What actions can I perform with WeatherBill Pro?
  • Create agent accounts for their representatives who will quote contracts for clients
  • Create accounts for clients
  • Generate quotes for weather coverage including agency discounts
  • Create soft copy or hard copy contracts and pass these to clients
  • Upload digital copies of hard copy client documents
  • Facilitate placing orders for fully-managed clients
  • View all transactions and commissions generated by agents

What is an agency?
An agency is a company that has registered as a WeatherBill Pro Partner. Agencies often have numerous individual employee ‘agents’ but a company that has only one person who will be interacting with WeatherBill Pro will have only one agent account. Each agency has one agency user, which is the only account that can create new agents and view agent commissions. Agency users can also perform all actions that an agent user can.

What is an agent?
An agent is an employee of an agency who, among other things, has the ability to create and manage client accounts, quote coverage, and facilitate placing orders for their fully-managed clients.

What is the difference between fully-managed and self-service clients?
A fully-managed client is one that does not interact directly with the WeatherBill website. For fully-managed clients, the agent creates and delivers coverage quotes in hard copy or through means other than the WeatherBill website. Fully-managed clients do not log into the WeatherBill website. All documents for fully-managed clients are signed in hard copy and uploaded by the agent to the client’s account. Self-service clients can log into the WeatherBill website and must complete their weather coverage purchases electronically.

When an agent creates a new client, they choose whether to make them fully-managed or self-service, depending on whether they want the client to have direct access to WeatherBill, or if they prefer to manage all aspects of the client’s weather coverage.

What is the process for self-service clients to purchase weather coverage?
Self-service clients must purchase coverage through the WeatherBill web interface. The agent for the client will create quotes through WeatherBill Pro that gives the client a discounted rate for coverage. The agent then assigns quotes to the client account and informs the client that the quote has been passed to their account. The client can then see the quote and click to purchase the contract. The commission for the purchased contract will appear in the relevant agency account within 5 business days.

Self-service clients can also create their own quotes and purchase them without the agent having to be directly involved. The agent still receives their commission for these independently quoted and purchased contracts.

What is the process for fully-managed clients to purchase contracts?
Fully-managed clients always purchase coverage via their agent. As with self-service clients, the agent will create the discounted coverage quote through the WeatherBill Pro system. The agent will then assign this quote to the relevant client account and print a hard copy of the contract. This hard copy of the contract must be signed by the client. Once the contract is signed, the agent will upload the contract via WeatherBill Pro and the client will pay for the coverage via check, wire transfer or credit card. Upon receiving payment, WeatherBill will validate that all necessary documents have been uploaded to WeatherBill Pro to complete the purchase, and will then approve the contract. Commissions will appear in the relevant agency account within 5 business days.

How do I create agents?
Agents are created by the Agency user. The Agency user will log in to the Agency account at www.weatherbill.com/pro and select ‘Create Agent’. All that is required to create an agent account is to specify the agents name and e-mail address. The agent will then receive an automated e-mail from WeatherBill that will activate their account.

Can Agents see the commission they earn through WeatherBill Pro?
All commissions earned through the WeatherBill Pro Partner program flow up to the agency level. Individual agents can see reports of the contracts they have sold, but will not see corresponding commissions for themselves or other agents.