About this event
The insurance industry has benefited from accessing powerful tools and data to understand catastrophic and near-term (one-year) climate risk for many decades.
In the last ten years, increasingly powerful analytical platforms, new data sources and a wave of new entrants have significantly increased the choices for insurers of the companies and partners to work with. Furthermore, the analytics, tools and data are being delivered directly to the underwriter and are easier to use and understand than ever before.
As catastrophe patterns shift and what were previously referred to as “secondary perils” (wildfire, flood and severe convective storm) drive more frequent losses, underwriters have more opportunities to write business and support their clients, but also need to develop an understanding of the nature of these perils and the tools available to assess them.
The focus of this event is practical and aimed at those people who need to make decisions about climate and catastrophe risk, but who are not running the models or performing the research. We will review how underwriters and those in claims can access and incorporate near-term forecasting into decision-making, and how claims functions can prepare for events with better awareness of evolving disasters, faster response and more accurate loss assessment.
Now in its fourth year, Google Cloud’s partnership with InsTech has consistently brought together some of the most influential voices in insurance to tackle the industry’s most pressing risk challenges. Building on the success of multiple, highly regarded previous events, this gathering brings together CIOs, underwriting leaders, claims teams, risk managers and portfolio specialists to explore how insurers can prepare for a more volatile, climate-driven risk landscape.
In collaboration with:
