Exsto Management was formed in 2008 and writes tailored financial weather-related risk management products to corporations and municipalities – for example, energy companies, agricultural producers, construction and infrastructure companies – seeking to mitigate their financial exposure to variations in weather conditions. Exsto Management’s portfolio of risk management products is indexed to weather variables such as temperature, precipitation, sun hours and wind speed. Exsto Management is also independent consultant in the area of European Union funding opportunities and writes complete business plans for small and medium enterprises.