Day One | Tuesday, 11 March 2025
8:00
Registration
8:50
Chairperson’s Opening Address
Luke Knowles, Senior Manager, Aggregation, Performance Management, Lloyd’s
MARKET UPDATE
9:00
Keynote: Reflections on the 2024 Atlantic Hurricane Season: Lessons and Future Implications
Reflecting on the 2024 hurricane season predictions: Understanding the key factors behind forecasting discrepancies
Evaluating forecast reliability: Considerations for how we test and utilise seasonal forecasts in risk modelling
Looking ahead: What learnings from 2024 can be applied to future CAT risk management and modelling practices?
Gabriel Vecchi, Professor of Geosciences | Director (HEMI) | Deputy Director (CIMES), Princeton University
9:30
Panel Discussion: Retrospective Look at Key Extreme Events and Risks in 2024
A deep dive into the key extreme Nat-CAT events of 2024, including:
- Japan Earthquake
- Hurricane Milton
- SCS in Europe & US i.e. Italian Hailstorms
- Europe Wildfire
- Central European Floods
Exploring how different types of extreme events (e.g. wildfires and earthquakes) interconnect and compound one another
Evaluating model performance and the market’s response to these extreme events
Assessing underwriting strategies for risk appetite and pricing in response to risks in 2024
Moderator: Emma Watkins, Board Member, ISCM; Board Member, Oasis LMF
Christian Wittmann, Head of Natural Perils Modelling, Munich Re
Anna Neely, Managing Director - Head of Catastrophe R&D and Cat Response, HowdenRe
Cat Pigott, Head of Actuarial Risk, AXA XL
10:20
Morning Tea
10:50
Panel Discussion: Next-Gen Climate Risk Analytics to Manage Complex Risk Interdependencies
Explore how advanced climate risk analytics can identify and quantify complex interdependencies between various risk factors
Assess how data-driven insights help to manage cascading climate risks across sectors
Success stories of how advanced climate risk analytics have mitigated losses and optimised risk transfer
Moderator: Mark Guishard, Chief Operating Officer, ASU Bermuda Institute of Ocean Sciences (BIOS)
José Miranda, Vice President, Group Risk Analytics, Vantage Risk Companies
Tina Thomson, Regional Director, Digital Client Experience, Global Digital & Analytics, Gallagher Re
Judith Ellison, Head of Business Development, JBA Risk Management
11:30
Presentation: How the Insurance Industry Can Support the Energy Transition
Hail impacts on solar farms, hurricane wind resulting in failures of power distribution networks, floods affecting battery energy storage systems (BESS) - our energy systems are being more impacted by extreme weather events, resulting in unique challenges in quantifying risk for exposure managers and underwriters. The insurance industry, however, plays a key role in the complex process of transitioning our energy systems to become lower-carbon overtime, which requires support for scaling of new low-carbon technologies. This presentation will focus on the challenges underwriters and catastrophe managers are faced with in supporting the energy transition and how new data, analytics, and risk transfer tools can help to support the acceleration of decarbonization efforts and manage disaster risk and liability.
Adrian Champion, Head of Climate Analytics UK & EMEA, Aon
12:00
Presentation: Flood Risk Insight – Understanding the Impact of Cyclones and Climate Change
Philip Oldham, Principal Catastrophe Model Developer, JBA Risk Management
12:20
Networking Lunch
INTERACTIVE BREAKOUT DISCUSSIONS
1:20
Interactive Breakout Discussions
Delegates will participate in two sessions of their choosing. Each session runs for 30-minutes.
Breakout A: Paradigm Shift: Revolutionizing SCS Modeling
Brandon Katz, Executive Vice President, Strategy, KatRisk
Breakout B: Mapping Risk: Leveraging GfK Boundary Data and CRESTA Zones for Accurate Hazard Forecasting
Julia Kloé, Senior Sales Consultant Reinsurance, GfK
Stefan Wiesmeier, Product Manager Location Risk Intelligence Platform, Risk Management Partners, MunichRe
Thilo Horner, Product Manager, Risk Management Partners, MunichRe
Breakout C: Uncertainty and Global Sensitivity Analysis in flood Risk Modelling
Luke Farmer, Catastrophe Risk Analyst, JBA Risk Management
Georgios Sarailidis, KTP Associate, School of Civil, Aerospace and Design Engineering, University of Bristol
NON NAT-CAT RISKS
2:25
Presentation: Cat Modelling of SRCC Risk to Understand an Uncertain World
Gain insights into the latest market trends and geopolitical shifts driving SRCC threats
Overview of the first stochastic cat model for SRCC, covering the United States
Insights on SRCC that underpin the event catalogue, event footprints, and damage estimation at the zipcode level
Sam Haynes, Head of Data and Analytics, Verisk Maplecroft
Elizabeth Montgomery, Senior Manager, Business Development, Verisk Maplecroft
RISK MODELLING INNOVATION
2:55
Extended Use of CAT Model Outputs
Our two panelists will share their experience of stakeholders’ use of modeling outputs in risk transfers, financial accounting, capital modeling, product development, marketing and event response.
Moderator: Imelda Powers, Managing Director, Guy Carpenter
Brian Secrett, Non-Executive Director
Yordanka Velichkova, Head of Cat Perils EMEA and Methods, Swiss Re
3:35
Afternoon Tea
UNDERWRITING CAT RISKS
4:00
Panel Discussion: Navigating Uncertainty to Advance Underwriting Strategies
Leveraging AI to streamline underwriting processes and effectively manage evolving risks
Data-driven underwriting: Exploring how real-time data integration and advanced big data techniques enhance underwriting agility
Strategies for adjusting underwriting and pricing models to account for inflation
Moderator: Tim Mardon, Global Head of Property Cat Reinsurance and Bermuda CUO, Aspen Insurance Group
Karen Dayal, Chief Underwriting Officer for Commercial Lines, UKGI, Aviva
Ole Hanekop, General Manager, Modelling, Group Risk Management, Hannover Re
4:40
Networking Drinks & End of Summit Day One
Product Demo
Product Demo
2:25-2:35
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Product Demo
3:10-3:20
Day Two | Wednesday, 12 March 2025
8:30
Registration
8:50
Chairperson’s Opening Address
Luke Knowles, Senior Manager, Aggregation, Performance Management, Lloyd’s
CAT RISK MANAGEMENT & MODELLING INNOVATION
9:00
Presentation: What They Don’t Teach You in Cat School: the Best-Kept Secrets of Catastrophe Modeling
Live event tracking secrets and challenges
How good science can lead to questionable loss estimates
The rocky road from scientific theory to model implementation
Karen Clark, Co-Founder and CEO, Karen Clark & Company (KCC)
9:40
USCS: An Exclusive Deep Dive into Innovative New CAT Models
Spatial distribution by subperil – how is this evolving in a changing climate?
Vulnerability comparison by subperil – what data do we have to support this?
Calibration with historical losses – how do EP curves compare with recent events?
Moderator: Elizabeth Harris, Vice President of Modeling and Research, Ariel Re
Tal Paschal, Senior Product Manager, CoreLogic
Brandon Katz, Executive Vice President, Strategy, KatRisk
Michelle Cipullo, Associate Director, Aon Impact Forecasting
11:00
Morning Tea
CYBER RISK EXPOSURE & MODELLING
11:30
Partner Presentation: Understanding Cyber CAT Modelling: Evolution, Challenges, and Opportunities
This session will start by discussing the evolution of cyber CAT models through examining the similarities and differences between property and cyber CAT risk quantification. We will then dive into the challenges of properly accounting for exposure accumulation risk arising from Small-and-Medium Sized Enterprise portfolios, which now represent 45% of the cyber market exposure, and how different approaches to overcome these challenges can lead to a significant reduction in tail losses.
Emma Ye, Vice President of Risk, At-Bay
Jess Fung, FCAS, MAAA, Managing Director, North America Cyber Analytics Lead | Head of Analytics Sales – North America, Guy Carpenter
11:50
Panel Discussion: Understanding Emerging Cyber Risks: Strategic Approaches for Building Cyber and CAT Resilience
Exploring the potential and application of advanced technology in cyber risk modelling, including machine learning and data analytics
Reflecting on the lessons learned from global cyber event from CrowdStrike’s IT outage: What can the industry learn from this event to strengthen cyber risk management?
Strategies for addressing and mitigating non-malicious cyber threats, such as silent AI and cloud outages
Moderator: Patrick Brooke, Head of UK Cyber Analytics, Gallagher Re
Ryan Jones, Director of Technology & Strategic Operations, BMS Group
James Tuplin, Head of International, Cyber, Mosaic Insurance
Stephan von Watzdorf, Head of Cyber Centre, SwissRe
NON NAT-CAT RISKS
12:30
Panel Discussion: Definitely Maybe – Better Practice for Managing Non-Nat Cat Exposures
PRA-moderated panel providing an overview of the Non-Nat Cat analytics landscape
Overview of the latest capabilities and best-in-class analytical tools
Discussing where improvements can be made to Non-Nat Cat data and scenario design
Moderator: Tom Perkins, Senior Catastrophe & Climate Analyst, Bank of England
Amrita Pattni, Managing Director, Guy Carpenter
Matthew Lewis, Client Engagement Manager, Moody’s Casualty
1:10
Networking Lunch
ADVANCED MODELLING TECHNIQUES
2:10
Deep Dive: Enhancing Accuracy in Earthquake Risk Modelling, Risk Assessment and Loss Estimation
Advances in earthquake risk modelling using new methodologies and datasets
The importance of earthquake model validation
Addressing non-modelled elements: The role of time-dependency in earthquake risk modelling
Alexandra Tsioulou, Divisional Director, Model Research & Evaluation, Gallagher Re
Ross Stein, Chief Executive Officer, Temblor
2:50
Panel Discussion: Unpacking Challenges, Lessons, and Pathways Forward to Enhance Wildfire Resilience
Lessons learned from the 2025 California wildfires: Insights into vulnerabilities in risk management, mitigation, and recovery strategies exposed by recent events
Overcoming data challenges and leveraging cutting-edge science to improve wildfire risk assessments and predictive accuracy
Building community and industry resilience: Exploring mitigation strategies to reduce exposure, adapt to escalating risks, and improve community resilience
Moderator: John Wardman, Chief Commercial Officer, Maximum Information
Petros Keshisian, Head of Model Engineering, KatRisk
Benjamin Zimmermann, Senior Underwriter Agriculture, Swiss Re
Firas Saleh, Director, Model Product Management, Moody’s RMS
Mike Tine, Senior Technical Director, Karen Clark & Company (KCC)
3:50
Afternoon Tea
CAT MODEL INNOVATION & CHALLENGES
4:10
Panel Discussion: Managing CAT Model Adjustments and Change in an Evolving Landscape
Adapting to constant model changes: Tailoring existing systems for greater flexibility and agility to efficiently manage CAT model adjustments
Addressing the complexities and challenges of data integration in high resolution modelling
Best practices for tailoring CAT models to meet organisational needs while maintaining accuracy and regulatory compliance
Moderator: Sam Phibbs, Head of Catastrophe Research, MS Amlin
Simos Koumoutsaris, Global Head of Cat R&D, SCOR
Kelsey Mulder, Director, Catastrophe R&D, Liberty Specialty Markets
Maryam Haji, Vice President, Global Head of Research, TransRe
Nigel Winspear, Head of Natural Catastrophe Analytics Research, Sompo International
4:50
Chairperson’s Closing Address
4:55
End of Summit
Product Demo
12:30-12:40