Establish a governance model and strategy, quantify the potential impact of climate change and develop a roadmap to mitigate risk and capture opportunity
Robust analysis on trends will help organisations understand their risks and how to manage them
Financial estimates from the catastrophe models help drive reinsurance purchase and primary underwriting for insurers; can also be used by risk managers for granular insights
Underpinned by a model evaluation process, insurers can gain access to alternative views, without being restricted to just one catastrophe model, enabling them to increase their understanding of data assumptions and loss drivers, while enhancing their ability to manage unique portfolios and effectively transfer risk
Helps organizations optimize their insurance program by measuring the volatility of their risk profile
Improves business resilience to unforeseen and disruptive events
Protect the physical assets of accomplished individuals
Enabling event organizers to recover financial losses due to weather-related cancellation of a scheduled event
Meet regulatory TFCD (Task force on climate-related financial disclosures) requirements, create a sustainable business and maintain reputation
Identification of transition and physical risks and opportunities arising from climate change
Risk mitigation and risk control strategies to protect assets