Climate Today

As climate extremes worsen, insurance plays a more important role in helping people recover from disasters. Yet even many of the most exposed people do not buy the coverage they need, while the global protection gap continues to widen as more homes are developed in ...

With all the sophisticated models, data and tools available to insurers, it’s as important as ever to know where something is. Managing aggregation is vital for successful underwriting and we are going to be seeing a lot more about platforms that bring together different ...

In conversation with: Demex The Demex Group’s President & CEO Bill Clark and Chief Risk Officer Matt Coleman recently joined Matthew Grant and Henry Gale on InsTech podcast episode 234 to talk about how increasing losses from non-catastrophic weather events leave enterprises and insurers exposed. ...

This report reviews the techniques and tools available today to help insurers understand, manage and mitigate natural hazard risk for properties they are insuring. We include perspectives from an insurer, broker and MGA on the current hazard data and catastrophe modelling market and profile the InsTech members providing relevant models, data and technology.

Descartes and Previsico Paul, can you give some background on Descartes Underwriting? Paul: Descartes Underwriting is an underwriting agency focused on climate-related parametric insurance. It is based in Paris, with twelve offices around the world. Descartes was founded in 2018 and offers corporate insurance against climate ...

We hear a lot about insurance protection for major catastrophes, but losses from frequent, local events now cause as much damage as the larger disasters that make the news. But insurance coverage is lagging behind leaving insurers and enterprises exposed to loss with no insurance ...

Member Spotlight: Maptycs Jacqueline, what is your background and why did you found Maptycs? JL: I started my career in technology with IBM before joining the insurance industry over two decades ago. I held sales and senior executive positions in brokerage companies in France, the ...

We’re covering two main themes here – building a business that survives and thrives after ten years – and assessing the growing risk from a flood. We’ve been working closely with Fathom for many years. In Matthew Grant’s discussion with the co-founders of Fathom, ...

Fathom and Reask: Tropical Cyclone and Flood – Managing Tomorrow’s Climate Risk Today For insurers, catastrophe models and hazard data are essential for risk selection, pricing and portfolio management. It is necessary to ensure that no singular catastrophic event can disproportionately impact the loss to ...

Data and analytical tools to identify and measure the potential impact of natural hazards were first released about 30 years ago and have continued to evolve and expand since. Preventing or reducing losses by identifying and incentivising actions the policyholder can take to make their property ...

ESG with AXA XL: Behind the scenes An introduction to ESG ESG (Environmental, Social and Governance) has spread throughout the corporate world. It is the term used to describe a wide range of activities that companies are taking to support employees, investors, customers and other ...

InsTech’s report, “Climate Change Risk Regulation and Measurement: 22 companies to know”, covers the opportunities and challenges in reporting insurers’ climate change risk and impact.