News & Publications

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2020

Future of Insurance USA

Karen Clark participated in the risk panel at the Future of Insurance USA conference on November 16. The virtual event explored the major trends and issues impacting insurance carriers across the US, including regulation, industry performance, emerging risks (climate, cyber), leadership, culture, and tech disruption.

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New Paradigm Global Parametric Insurance and Reinsurance Conference (“New Paradigm Conference”)

Karen Clark spoke at the inaugural New Paradigm Conference in Miami. The conference focused on parametric insurance and how technologies are closing the global protection gap. The event also provided an opportunity for industry participants to share ideas and network. KCC was proud to serve as a gold sponsor of the event.

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Reactions North America Re/Insurance Week

Karen Clark participated in a live webinar as part of Reactions North America Re/Insurance Week. The session, “Insuring Coastal Property in 2020: Rising to the Challenge,” focused on mitigating climate risks for personal and commercial lines clients. Topics included climate change concerns, regulatory challenges, and storm/hurricane modeling.

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2020 NAIC Virtual Insurance Summit

Dr. Daniel Ward, Senior Atmospheric Scientist, presented a summary of KCC’s scientific assessment of the impacts of climate change on natural hazards and incorporation of these impacts into catastrophe models as part of a panel discussion on this topic.

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Intelligent Insurer’s – The Re/insurance Lounge

Karen Clark participated in a live fireside chat as part of Intelligent Insurer’s Re/Insurance Lounge. In the one-on-one interview, Karen discussed her remarkable career, the evolution of catastrophe risk models and latest developments at Karen Clark & Company.

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NAIC 2020 Summer National Meeting

Glen Daraskevich, Senior Vice President, and Joanne Yammine, Director of Actuarial Services, presented an overview of the KCC US Hurricane, US Earthquake, US Severe Convective Storm, and US Flood Reference Models to the Catastrophe Risk Subgroup and illustrated how the KCC models are used by insurers and regulators.

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Guy Carpenter’s 2020 Regional/Mutual Segment Virtual Seminar

Glen Daraskevich, Senior Vice President, provided an overview of the scientific advances underlying the KCC weather models and illustrated several insurer and reinsurer applications for the Severe Convective Storm peril.

RAA Cat Risk Management Conference

Dr. Daniel Ward, Senior Atmospheric Scientist, and Dr. Marc Simon, Senior Research Scientist, provided an in-depth look at new KCC catastrophe models in two presentations. “Modeling and Managing Wildfire Risk” addressed the specific reasons for increasing wildfire losses and how to manage the changing risk with the new KCC US Wildfire Reference Model. In “Modeling Inland Flooding,” Dr. Ward gave a critical look at the different methodologies used to traditionally model inland flooding and which methods are implemented in the new KCC US Inland Flood Reference Model.

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2020 Florida Insurance Summit

Karen Clark, CEO and President of KCC, presented “Innovations and Emerging Trends in Catastrophe Modeling” at the Willis Re 2020 Florida Insurance Summit. The presentation discussed advancements in catastrophe modeling, including the Characteristic Event (CE) methodology and the value of open models, that improve catastrophe risk management strategies.

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American Meteorological Society Annual Meeting

Dr. Sara Sienkiewicz, Senior Meteorologist at KCC and member of the AMS, attended the 2020 American Meteorological Society (AMS) Annual Meeting in Boston, MA. The AMS Annual Meeting is the largest national gathering of meteorological academics and professionals that provides an opportunity to exchange ideas with atmospheric scientists at the top of their field.

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