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InsTech News: Climate Change Risk Regulation and Measurement

This week, how to get our new climate change risk report, more details on three live InsTech events, plus news from Liberty, Previsico, Deloitte, Chainlink and FintechOS.

Cracks and collapse – the risks beneath your property – Podcast 178

Dr Timothy Farewell, Director of Science and Communications at Terrafirma – a Dye & Durham Solution, joins Matthew to discuss the risks from subsidence, mines, sinkholes and coastal erosion. They cover how Terrafirma is using data to help insurers understand portfolio risks and what effect climate change is having on underground perils.

Climate Change Risk Regulation and Measurement: 22 companies to know – Report and Live Chat

The next InsTech report, “Climate Change Risk Regulation and Measurement: 22 companies to know”, will be available via the link below from 9am on Thursday 24 February. We examine the opportunities and challenges in reporting insurers’ climate change risk and impact, what is required by regulators, investors and others, plus case studies from companies currently providing models, tools and analytics.

Matthew is hosting a Live Chat tomorrow afternoon to discuss the report’s findings and the impacts on the insurance value chain. He’ll be joined by Head of Sustainability at Convex, Rachel Delhaise; Reask CEO and Co-founder Thomas Loridan; Fathom’s Chief Research Officer Oliver Wing and InsTech’s Ali Smedley.

You can register for the report here.

InsTech in London: Collaborate to Compete – The Benefits of Ecosystems and Partnerships – 2 March, 5:30pm

For our next evening event at CodeNode, we will be hearing from companies working together to create a more efficient market by sharing technology and knowledge. Confirmed speakers include sponsors Verisk, BeazleyLiberty Specialty MarketsArch, Ascot, Swiss ReSupercede and Claim Technology. Free entry to InsTech members.

Member Spotlight: Chainlink Labs

InsTech’s Henry Gale speaks to William Herkelrath, Enterprise Business Development Lead at Chainlink Labs, to discuss blockchain, parametric insurance and what Chainlink offers to the insurance industry.

Live Chat: Collaborating in Claims to Deliver Quality Digital Customer Experience – 10 March, 2pm

Join Matthew and speakers from SightCall, CoreLogic and SAGA Group for a Live Chat covering how to continue improving quality in the settlement of claims, why effective management is critical for property claims, and how new digital technology is delivering improvements in property claims management.

Liberty Specialty Markets and Previsico launch personalised flood warnings

IoT sensors from Previsico will be installed in flood-prone rivers, streams and culverts with Liberty Specialty Markets clients notified if water rises to possible flood risk levels. The sensors can also detect if drains and culverts flood, alerting property owners to the need to clear blockages or take preventative measures.

CPP Group partners with Zurich Canada on flight disruption cover

This partnership will give Zurich Canada policyholders access to support from Blink Parametric, CPP’s parametric platform. Blink monitors flights and offers travellers real-time claims resolutions in the event of delays or cancellations.

bolttech furthers international expansion with AVA acquisition

Insurance exchange bolttech has completed the acquisition of AVA, a Singapore-based specialist broker and insurance intermediary, expanding its global footprint to 30 markets since its inception in 2020.

Small business insurance – what do customers want?

Deloitte has surveyed 5,300 SMEs across 14 countries to gather their views about insurance and discover what the small business insurance market wants from insurers.

FintechOS examines the future of insurance

​​The latest report from FintechOS takes a closer look at technology trends in digital health, small business insurance, digital claims, and outlines why partnerships will play a key role in the future of the industry.

IICF 2022 Forum on Social Purpose and Inclusion

Join the Insurance Industry Charitable Foundation (IICF) on 23 March, in partnership with InsTech London, to explore industry trends through the lens of ESG. Speaker and registration details available via the link below. Enter INSTECH when you register to enjoy a 15% member discount.

Join a London Market charity ride to Amsterdam

Riders and sponsors from across the London market, including InsTech members AEGIS London, Arch, Hyperion X, Marsh, Whitespace (Verisk) and Talbot are to take part in a 480 km charity ride in aid of Cure Parkinson’s.


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