# Poncho Insurance > Parametric weather guarantee platform for travel and outdoor activity operators ## At a glance | Field | Value | | --- | --- | | Type | MGA | | Region | EMEA | | Headquarters | Morges, Switzerland | | Founded | 2023 | | Employees | 1-10 | ## Overview Poncho Insurance is a weather insurance MGA based in Switzerland that provides parametric weather guarantee products to travel operators, vacation rental businesses, and outdoor activity providers. The company distributes through digital booking platforms and point-of-sale integrations rather than direct consumer channels. The coverage model is parametric: guarantees trigger automatically when measured weather conditions exceed predefined thresholds such as rainfall or wind levels. Poncho monitors real-time data from satellite imagery, radar, and meteorological organizations including NOAA, ECMWF, and DWD, and processes refunds without requiring customers to file claims. Carrier capacity arrangements are not publicly disclosed. Poncho was founded in 2023 and launched its public service in late 2024 after raising EUR 589K in an initial round and USD 617K in a seed round led by WeBuild Ventures. The company focuses primarily on the Swiss and European travel and leisure market. ## Products & services ### Weather Guarantee Integration Poncho provides a weather guarantee product that travel and outdoor businesses can offer their customers at the point of booking. When real-time weather data shows conditions breaching agreed thresholds, the system automatically notifies affected customers and issues refunds with no manual claims step required. **Key features:** - Wind and precipitation coverage \(rain, snow, hail\) - Real\-time weather monitoring via satellite, radar, and data from NOAA, ECMWF, and DWD - Automatic threshold\-based refund processing *Target users:* Travel operators, vacation rental businesses, outdoor activity providers, and online booking platforms *Distribution:* B2B integration via REST API, SDKs, and embeddable widgets into booking platforms and point\-of\-sale systems ## Links - Website: - Directory profile: - Linkedin: --- *Last updated: 2026\-07\-13*