AER leading 4 topics at Verisk Customer Conference 2013

Verisk Customer Conference, Champions Gate, Florida
April 7, 2013 - April 9, 2013


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.


Monday, April 8, 2013

New Innovations in Catastrophe Claims Analytics: Combining Weather Analytics with Claims Data for Use in the Field; (Session #103) 10:15 - 11:15 AM

  • Join staff members from Verisk’s Xactware and Atmospheric and Environmental Research (AER) units as they discuss a new generation of catastrophe claim analytics methods. You’ll learn how you can bring historical and near-real-time weather data to the field using innovative valuation tools.

Are Recent Wind and Hail Losses and Anomaly or a Trend?; (#203) 1:30 - 2:30 PM

  • In the last five years, the United States has experienced extreme wind and hail patterns. What is the probability that those patterns are a climate trend? Staff members from the Insurance Institute of Business and Home Safety (IBHS) and Verisk’s Atmospheric and Environmental Research (AER) will review the data and discuss potential mitigation strategies.

Reducing Claims Expense through High-Resolution Weather Maps; (#306) 3:00 - 4:00 PM

  • Hear how Hastings Mutual Insurance Company was able to estimate rapidly the number and location of weather-related claims by overlaying policy data on high-resolution weather maps — and how doing so led to reduced claims expense, better loss reserving, and increased customer satisfaction.

Tuesday, April 9, 2013

Space Weather: What's the Risk of Long Term Power Outage from Solar Storms?; (#503) 1:45 - 2:45 PM

  • As solar activity reaches its peak from 2013 to 2015, the risk increases for a space weather event of sufficient magnitude to take down a power grid. What is the likelihood of such an event, and what would the impact be? Attend this session to learn more.

Request to meet with AER while you’re at the conference on April 7–9, 2013, at Omni Orlando Resort in Champions Gate, Florida.  See the full agenda at Verisk Insurance Solutions Customer Conference.