Verisk extreme event solutions (AIR Worldwide) provides risk modeling solutions that help individuals, businesses, and society become more resilient to extreme events. In 1987, Verisk founded the catastrophe modeling industry and today models the risk from natural catastrophes, supply chain disruptions, terrorism, pandemics, casualty catastrophes, and cyber incidents. Insurance, reinsurance, financial, corporate, and government clients rely on Verisk’s advanced science, software, and consulting services for catastrophe risk management, insurance-linked securities, longevity modeling, site-specific engineering analyses, and agricultural risk management. Follow us on Twitter at @VRSKExtremEvent, YouTube, and Instagram.
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Verisk Extreme Event Solutions reposted this
JulieAnna Anastassatos of Verisk and Nancy Watkins of Milliman Inc. joined us at #WRGCC24 to provide a overview of how models and scores are used in property insurance underwriting, pricing and portfolio management. Learn more: https://bit.ly/4c2w8v5. 📸: Michael Hopkins
The Verisk Extreme Events Solutions research and modeling team estimates that insured losses from wind in the U.S. for Hurricane Beryl will range between $2 billion-$3 billion USD. The Category 1 hurricane hit near Matagorda Bay, Texas, with estimated sustained winds of 80 mph as it moved inland, causing extensive and prolonged power outages affecting nearly 3 million households. The outages alone may lead to substantial claims due to various factors. Learn more about the estimated losses: https://vrsk.co/4cPBQ4w #HurricaneBeryl #ExtremeEvents #CatastropheModels
PFAS persist in our environment and have been widely used for decades in various consumer and industrial products. They’re also at the center of what may be one of the largest mass tort litigations in recent memory. Join us for the next Emerging Issues webinar on July 18th at 11 AM ET featuring guests William Wilt, President of Assured Research, and Lucian McMahon, Senior Manager on Verisk’s Arium liability analytics team. We’ll discuss: ✅The latest research on PFAS health impacts and population exposure. ✅ The emerging challenges of PFAS remediation. ✅ The latest data from Verisk’s Arium on potential ground-up losses in the U.S. from PFAS litigation. ✅ Insurance implications and possible responses to the PFAS challenge. Register: https://vrsk.co/3LmYsgJ #PFAs #EmergingIssues #ForeverChemicals #Insurance
Did you know that the updated Verisk Wildfire Model for the United States incorporates a view of risk representative of a near-present climate for the Western U.S.? Additionally, the updated Verisk Wildfire Model for the United States features improved weather-climate-wildfire relationships and a more accurate determination of climate-ecosystem-wildfire relationships through the use of ecoregions within the model domain, giving you a better view of wildfire risk. Learn about how the Verisk Wildfire model for the United States: https://vrsk.co/4aXtiXH #WildfireRisk #RiskAssessment #Reinsurance #Insurance #ClimateChange
We're thrilled to announce a comprehensive update to the Verisk Wildfire Model for the United States! Highlights include: ✔️Significant enhancements to the fire spread model, especially in the wildland-urban interface (WUI) ✔️The explicit modeling of smoke damage outside of the wildfire perimeter ✔️The incorporation of data from recent fire seasons, including fuel information supplemented with insights from Fireline® Learn about other key updates: https://vrsk.co/4aXtiXH #WildfireRisk #CatModeling #RiskAssessment #Insurance #Reinsurnace #WUI
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Registration is officially OPEN for the Verisk Insurance Conference London! Take advantage of this complimentary, full-day event that brings together leaders and subject matter experts across claims, catastrophe modeling, life, reinsurance, and underwriting. We look forward to seeing you there! 🇬🇧 https://vrsk.co/3KOp61v #VICUK2024 #Claims #CatModeling #Reinsurance #Underwriting #Insurance #IndustryEvents #Conferences
The countdown begins! #VICUK2024
You saw this coming... 👀 We're bringing the Verisk Insurance Conference back to London. 🇬🇧 Save the date, and get ready to #ExperienceThePossible with us in September! #VICUK2024 #Insurance #IndustryEvents #InsuranceInsights #Underwriting #Claims #ReInsurance #CatModelling
Join us tomorrow for Verisk’s 2024 U.S. Hurricane Season Preview Webinar! Peter Bingenheimer, Executive Vice President of Extreme Events Solutions invites you to join and learn valuable insights into the 2024 forecast for this hurricane season as we prepare to enter it and the risks associated. 🗓️Tuesday, May 21st ⏰10 AM Register now: https://vrsk.co/3QCudFp #ExtremeEvents #HurricaneSeason #ExtremeWeather #LaNina
Join us on May 21st at 10 am EDT for Verisk's 2024 U.S. Hurricane Season Preview webinar for valuable insights into what the forecast means for risk management. This event will explore: ✔️A recap of the 2023 hurricane season ✔️An overview and analysis of current pre-season hurricane forecasts for 2024 ✔️Look at large-scale factors, including the likely emergence of La Nina, in hurricane seasonal forecasting ✔️Research and solutions to help the (re)insurance industry manage storm-related risks Register now: https://vrsk.co/3QCudFp #HurricaneSeason #HurricanePreparednessWeek #ExtremeEvents #ExtremeWeather
Here are some of our favorite moments from #VIC2024, but the fun isn’t over yet! Today marks the final day, so don’t miss out on hearing from experts on topics like... ✔️ Gen AI ✔️ Weather and Climate Risk ✔️ Navigating Inflation ✔️ And more! Last chance! 🚨 Participate in our challenge before it closes at 10 AM. #Innovation #Insurance #InsuranceIndustry #ExtremeEvents #Networking #GenAI #ClimateRisk #Inflation