Manage episode 301177330 series 2864735
“We give underwriters an extra understanding of how they should view, assess and price risk”, says Nick.
With a background within the technical side of the insurance industry, Nick shares how Reask is solving some of the challenges surrounding the building and development of catastrophic risk models. Taking global climate data and extracting insights and views - using AI and machine learning - that help predict the likelihood, frequency and severity of extreme weather.
Nick explains the key benefits that Reask’s global approach offers to underwriters & risk carriers as well as the value insurance professionals can bring to the business.
“Insurance is a people business. We’re looking for people that can help translate the scientific and technical approach in to pragmatic business solutions.”
The Insurance Coffee House Podcast is hosted by Nick Hoadley, CEO of Insurance Search, the Executive Search Consultancy for growing Insurance and Insurtech businesses in the United States and UK.