Lessons learned from the 2024 hurricane season

The 2024 Atlantic hurricane season was predicted to be one of the most active in recent history. In this webinar, Reask and EigenRisk revisit the forecast and compare it to what actually happened, dispute some misconceptions about the 2024 season, and share event response outcomes with Vave. The session also covers insights gained and the evolution of LiveCyc, Reask's probabilistic hurricane forecasting product, driven by its first full season with clients.

Topics covered

1. The 2024 season forecast compared to what actually happened.

2. The evolution of LiveCyc using scenarios.

3. Tim Spencer from Vave shares his experience during the 2024 hurricane season.

4. Preparing for future hurricane seasons.

Speakers

Nicolas Bruneau, Co-founder, Reask

Dr. Nico Bruneau is Co-founder and Head of Research at Reask, where he leads the development of machine-learning based tropical cyclone models. Nico holds a PhD in Physical Oceanography from the University of Bordeaux. He has spent the past 15 years at the crossroads of academia and industry (British Antarctic Survey, Imperial College, RMS) investigating physical processes and implementing innovative physics-based nat cat risk methods.

Louise Braybrooke, Chief Client Officer, Reask

Louise has 20+ years of Insurance and Reinsurance industry experience and a strong market network. Prior to joining Reask, Louise spent over 12 years at RMS working with the market supporting the implementation and adoption of catastrophe modelling, then a further 7 years in geospatial analytics at SpatialKey and Insurity.

Tim Spencer, Head of Analytics, Vave

Passionate about innovation, he is motivated by shaping the future of insurance analytics for Vave, introducing new concepts and capabilities to build a leading-edge analytics platform.   With 14 years of experience in analytics, portfolio management and catastrophe risk, he enables strategic third-party partnerships at Vave, maximising the value of data and enabling the positive feedback of insight into the Vave underwriting algorithm.

Jon Sonnenschein (Host), Director of Business Development, EigenRisk Inc.

Jon has a 10+ year track record of bringing geospatial data and analytics solutions to the market across the insurance industry. Prior to joining EigenRisk, he started his career at Travelers Insurance, where he was focused on building and implementing GIS and CAT risk management tools for the business insurance segment. Since then, he’s helped bring solutions to market in various sales and business development positions at SpatialKey, Insurity, Unacast, and Terrafuse. Jon is passionate about the insurance industry and its necessity in modern society, and as such, is honored to be a steward for innovation for clients in his role at EigenRisk.

For a deeper look at how hurricane intensity is shifting in a changing climate, read our latest analysis.