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Climate Variability – Understanding Your Changes in Risk for 2021

Online Event: Climate Variability – Understanding Your Changes in Risk for 2021

In conjunction with Instech London, Reask hosted an online event on the 20th April.

The longer term impacts of climate change on the frequency and severity of natural disasters such as hurricanes, wildfires and flooding have been considered by insurers for many years. It’s only recently, though, that credible shorter term forecasts and models have become available for pricing and managing insurance exposures.

reask has developed a global approach to assessing climate variability, combining physics, climate data and machine learning to complement the baseline view of risk developed by carriers, and the market as a whole.

Matthew Grant, InsTech London Partner, lead a discussion with reask and five industry leaders exploring what is emerging from the latest scientific research, what is available to insurers today, how this is being used by companies and how the regulatory outlook is likely to evolve.

The speakers include: 

  • Nick Hassam, Co-Founder & Chief Commercial Officer, reask
  • Marcus Rivaldi, UK CEO, Head of ILS, Credit & Equity Analytics, Twelve Capital
  • Dr. Jessica Turner, Senior Vice President, Catastrophe Advisory, Guy Carpenter
  • Richard Dixon, Head of Catastrophe Research, Inigo Insurance
  • Dr. Kirsten Mitchell-Wallace, Head of Portfolio Risk Management, Lloyd’s
  • Matthew Jones, Head of ModEx Product, Nasdaq

Please note that this event takes place at the earlier time of 10.00 am UK time.

This event accompanies the recent podcast interview with founders Thomas Loridan and Nick Hassam of reask available here and the Location Intelligence report available here.

The learning objectives for this Live Chat are:

  • Learn how newly available climate data and scientific research can be used to better understand and forecast climate variability
  • Hear from companies combining science and machine learning to create new models for assessing risk
  • Explore the best forecasting options available to insurers and how they are being used by other companies in the evolving market

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