Weather and FinTech: Sensible Weather's Innovative Guarantee in Hospitality

In this episode, the founder of Sensible Weather, Nick Cavanaugh, discusses the inception and development of the company, a climate data and FinTech entity offering a unique product called Weather Guarantee. Designed to compensate travelers financially and outdoor event attendees affected by adverse weather conditions automatically and instantly, this concept evolved from the founder's blend of academic and finance careers, focusing on climate data and risk mitigation through data analytics. He elaborates on the technological underpinnings, the necessity of risk-taking in entrepreneurship, and the broader applications of weather data in financial products. The discussion also touches on the challenges of direct-to-consumer versus B2B and B2C approaches, the role of customer feedback in product development, and future directions for the company, including B2B financial resilience solutions for the hospitality industry. This episode is brought to you by our sponsors at: Minut – Minut has more than just security features! They monitor noise, movement, and occupancy all within one device, and all Slick Talk listeners get 2 months FREE when they sign up with this link! Hostfully – Use code SLICKTALK for 3 months free of their digital guidebook or $100 off their property management platform! Hudson Creative Studio - Get your direct booking site and brand built by them, and never look back! ——– Thank you for tuning into our podcast! Slick Talk is a Hospitality.FM production, and you can find more of our shows at Hospitality.FM or anywhere else you listen to your podcasts! Listen to more episodes on our website and take a look at our amazing podcast and network sponsors that make this all possible! You can also listen to our Monday morning podcast, Good Morning Hospitality, where we dive into the industry as a whole in a more casual setting! If you ever want to contact us for guest suggestions or anything else related to the podcast, please fill out our contact form, and we will be in touch! Last but not least, we love to connect on LinkedIn! Let’s connect there so you can see the daily content we post beyond the podcast! Learn more about your ad choices. Visit megaphone.fm/adchoices