Metar Weather

Metar develops innovative insurance products that mitigate or eliminate adverse financial consequences of unfavorable weather on businesses

  • Stage Full Product Ready
  • Industry Financial Services
  • Location Millburn, NJ, USA
  • Currency USD
  • Founded April 2011
  • Employees 3
  • Website MetarWeather.com

Company Summary

Metar develops novel insurance products easily customized to individual markets that mitigate or eliminate adverse financial consequences of unfavorable weather for both the public and private sector. In a selection of our current target markets, weather related losses may exceed $100 billion. The market for transactions with risk limits below $10 million and/or premiums below $5 million barely exists outside crop insurance. Few companies have

Team

  • Marc Roston
    Co-Founder

    Marc has extensive experience as a private equity investor in the insurance and alternative investment sectors, and has been engaged in weather related risk management and trading businesses since the early 1990s.

    Most recently, from 2004 to 2008, he was a Managing Director at Silver Creek Capital Management, a $10 billion investment firm based in Seattle, WA. While at Silver Creek, Marc held many roles, including the portfolio manager of a

  • Rich Nemet
    CEO and co-founder

    Richard has extensive experience as an entrepreneur and has been founding and growing companies for more than 18 years. He is well versed in many different industries including the insurance and alternative investment sectors.

    Most recently he founded The Life Settlement Company of America (LSCOA), an innovative brokerage firm selling life insurance policies in the secondary market. That company processed more than $3 billion dollars’ worth

  • Rich Nemet

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