In an effort to reduce loss ratios and realize operational efficiencies, carriers are beginning to integrate claims estimation tools, satellite image analysis, weather and climate data and emergency management inputs. In this session, Hartford Steam Boiler and Atmospheric and Environmental Research examine the factors that impacted New York and New Jersey's critical infrastructure, including electrical substations, during Superstorm Sandy.
Verisk Insurance Solutions 2013 Risk Symposium, London, UK
From nanotechnology and cyber security to climate change and regulatory updates, emerging risks present opportunities for the insurance industry to offer new products that were not possible a decade or more ago.
At the request of Lloyds of London, Kyle Beatty is a delegate speaking on AER’s leading work on the risk of space weather to electric power infrastructure and the need for a more comprehensive assessment of service interruption risks to infrastructure.
Electrical grid blackouts are not only an inconvenience, they are a material source of risk for commercial insurers. Blackouts result in covered losses to business interruption and other time element exposures, result in damage to contents when voltage spikes occur and can result in insulated fire losses when unattended systems come back on line. The discussion continues with the effects of geomagnetic disturbances on the North American electrical grid.
Atmospheric and Environmental Research's (AER) Space Weather research scientists are showcasing their research on geomagnetic disturbances and solar energetic proton flux levels, at this year's Space Weather Workshop in Boulder, Colorado, hosted by NOAA, NASA and UCAR.
Verisk Customer Conference, Champions Gate, Florida
Clients are teaming with AER experts to discuss four topics during the Verisk Customer Conference including CAT claims analytics, trends in wind and hail losses, reducing claims expense through high-res weather maps, and the risk of power outage from space weather.
AER and Xactware recently announced AER BenchmarkTM for XactAnalysisR (read the Press Release). This 18-minute Webcast explains how insurance professionals can use this new collaboration to save time and improve customer service in handling weather-related claims.
Kyle Beatty, Senior Vice President of AER, is a panelist at the Workshop on "Severe convection and climate" to discuss how AER leverages weather data when it comes to business needs.
The Panel is at 4:10pm on Thursday March 14th, 2013, in Lamont Hall, Columbia University.
For information on how AER works with the insurance industry, click here.
Learn how claims managers and adjusters save time using hail history or lightning strike reports from the AER Benchmark database directly within XactAnalysis.
American Meteorological Society (AMS) Annual Meeting 2013, Austin TX
AER is proud that our scientists are presenting 14 topics in oral sessions and 11 in poster sessions at the 2013 annual AMS meeting. In all 31 AER authors contributed to 25 presentations.
AER has 35 abstracts that have been accepted and will be presented at the 2012 AGU conference. We want to meet with you while you’re at AGU; please contact us.
Joy Rohde, Director of Market Strategy, will be a panelist at the War on Hail Symposium at 3:15PM discussing future web-based application of weather related tools.
Click here to view AER RespondTM Hail Analysis Services and Case Study.
Significant human and computer resources are directed at climate modeling – but just how useful are climate model projections?
AER will host a noontime seminar by MIT Professor Susan Solomon on "Emerging Signals of Climate Changes: Where in the World will Climate Change First?".