January 24, 2022
Climate Risk – a monthly newsletter on climate events, tools and models
Climate-related events are one of the biggest loss drivers for insurers, with managing and measuring the impacts now becoming a top priority for insurers.
To highlight the growing importance of this area, our Flood Focus newsletter is being expanded to cover the vast array ...
January 20, 2022
Climate Change Risks and Opportunities Today
As the financial risks from climate change continue to increase, insurers are having to come to terms with both the short-term impact of large catastrophe events and new regulatory requirements.
Podcast 174 features insights from our Climate Change Risks and Opportunities Today live event, sponsored ...
December 14, 2021
Member Spotlight: Terrafirma
Ali Smedley caught up with Dr Tim Farewell after he spoke at our recent live event Climate Change Risks and Opportunities Today. Tim discusses Terrafirma’s product offerings, how they incorporate climate change projections and the importance of increased education around geophysical hazards.
What problem ...
November 16, 2021
COP26 and Insurance: The Key Themes
Addressing the growing protection gap
The insurance protection gap is the difference between the total economic losses caused by disasters, and the amount of those losses covered by insurance. According to Munich Re, in lower middle and lower-income countries, the natural catastrophe protection gap is ...
November 2, 2021
Member Spotlight: CelsiusPro
Member Spotlight: CelsiusPro
Henry: Mark, what does CelsiusPro do and why did you start the company?
Mark: CelsiusPro works in three areas of parametric insurance: weather derivatives, consulting and white-label insurance technology solutions.
I previously worked for UBS, an investment bank, in foreign exchange and ...
September 21, 2021
Building flood resilience in the UK
With climate change exacerbating flood risk in the UK, building up flood resilience is becoming more important than ever. Investment from governments into flood defences, increased education and proactivity from home and business owners, and improving forecasts and early warning systems can all help to ...
July 20, 2021
To manage is to measure: observations on the recent European floods
In July 2021 major floods hit parts of western Germany, eastern Belgium, and the Netherlands. To date over 180 people are known to have died and hundreds are still missing. It is impossible to come up with accurate insured loss estimates so soon after an event, but ...
June 30, 2021
Sign up for flood insurance news
We have launched a dedicated flood insurance newsletter featuring news, interviews and insights from companies in the space.
If you would like to keep up to date with the latest developments in flood modelling and technology, use the short form below to get ...
June 18, 2021
Geospatial intelligence for forestry risk
Tesselo is one of the companies looking to help its clients manage the impact of climate change, using satellite data and remote sensing to monitor tree and crop health and support forest owners and farmers in mitigating risks.
The company, based in Lisbon, is ...
May 26, 2021
The NFIP: Changes and opportunities
The National Flood Insurance Program (NFIP) is undergoing its first major update in 50 years. The private sector has already been involved in this update, and is likely to play an increasingly important role in the flood insurance market across the US.
Background
Flooding is the ...
April 30, 2021
US flood – lessons learnt from the UK
Flood is the most pervasive hazard in the United States, but despite the huge scale of the risk there are major challenges around the provision of adequate flood cover based on accurate, real-time data.
JBA Risk Management has spent the past decade ...
March 19, 2021
Understanding flood – from research to risk assessment
Changes to the US government’s National Flood Insurance Programme have created opportunities for insurers to offer alternative solutions for protection against flood risk.
Fathom is one of the technology companies helping insurers to do that by providing accurate flood modelling hazard data for the ...