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NORTH AMERICA Archives — Descartes https://descartesunderwriting.com/ Descartes Underwriting offers a new generation of parametric insurance against climate risk. Tue, 30 Apr 2024 09:46:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.1 https://descartesunderwriting.com/wp-content/uploads/2021/12/cropped-Descartes_logo-icon_RVB-DARK-150x150.png NORTH AMERICA Archives — Descartes https://descartesunderwriting.com/ 32 32 Insider Engage: Parametric Insurance, Beyond Supplementing Traditional Cover https://descartesunderwriting.com/insider-engage-parametric-insurance-beyond-supplementing-traditional-cover/ Mon, 06 Jun 2022 10:06:48 +0000 https://descartesunderwriting.com/?p=110156 The post Insider Engage: Parametric Insurance, Beyond Supplementing Traditional Cover appeared first on Descartes.

]]> The post Insider Engage: Parametric Insurance, Beyond Supplementing Traditional Cover appeared first on Descartes.

]]> Meet Descartes at RIMS 2022 https://descartesunderwriting.com/meet-descartes-at-rims-2022/ Wed, 30 Mar 2022 23:37:32 +0000 https://descartesunderwriting.com/?p=109471 Descartes Underwriting will be joining the global community of risk professionals at the 2022 edition of the RIMS Risk World Conference, this April 10th – 13th in San Francisco, CA. We look forward to meeting with you! Let’s Connect! Catch our North America team in-person or virtually, to learn more about Descartes’ new-generation of parametric […]

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]]> Descartes Underwriting will be joining the global community of risk professionals at the 2022 edition of the RIMS Risk World Conference, this April 10th – 13th in San Francisco, CA. We look forward to meeting with you!

Let’s Connect!

Catch our North America team in-person or virtually, to learn more about Descartes’ new-generation of parametric insurance solutions that builds resilience against climate risk.

Reach out to set up a meeting.

Access our resources and use the ‘North America’ filter for more on our data-driven approach to building resilience.

The post Meet Descartes at RIMS 2022 appeared first on Descartes.

]]> Webinar: Hurricanes, One of the Original Cats https://descartesunderwriting.com/webinar-hurricanes-one-of-the-original-cats/ Tue, 15 Mar 2022 09:40:18 +0000 https://descartesunderwriting.com/?p=109493 Of the 285 billion-dollar weather disasters between 1980 and 2021, tropical cyclones have caused the most damage: $1.062 trillion in total, with an average cost of almost $20 billion per event. These disasters are also responsible for the highest number of deaths: 6,593 between 1980 and 2020. In response, hurricane parametric cover has emerged as […]

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]]> Of the 285 billion-dollar weather disasters between 1980 and 2021, tropical cyclones have caused the most damage: $1.062 trillion in total, with an average cost of almost $20 billion per event. These disasters are also responsible for the highest number of deaths: 6,593 between 1980 and 2020.

In response, hurricane parametric cover has emerged as a robust alternative risk transfer solution for businesses and public entities to build resilience against this evolving peril.

On March 10th 2022, Colin Harper, Senior Business Development Manager, North America at Descartes Underwriting joined industry experts Derrick Easton, Alternative Risk Transfer Solutions – Managing Director at Willis Towers Watson and Diego Monsalve, LAC HEAD Risk Consulting, Analytics, Catastrophe Modeling and Parametric Solutions at Lockton, for a lively roundtable discussion. The experts took a deep dive into hurricanes as well as how associated economic risk might be transferred, and shared insights into how a major hurricane could impact the insurance industry.

Access the session recording here to watch on-demand!

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]]> Webinar: Earthquakes – An Existential Threat & Opportunities for Parametric Earthquake Cover https://descartesunderwriting.com/webinar-parametric-earthquake-cover/ Mon, 20 Dec 2021 09:45:43 +0000 https://descartesunderwriting.com/?p=109283 An ever present but unpredictable existential threat, earthquake risk represents a significant exposure for corporates, public entities and global supply chains. Despite the ever-present risk of earthquakes and secondary crises in many regions, less than <20% of earthquake related losses were covered by insurancc. This includes the last decade, in which we witnessed some of […]

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]]> An ever present but unpredictable existential threat, earthquake risk represents a significant exposure for corporates, public entities and global supply chains. Despite the ever-present risk of earthquakes and secondary crises in many regions, less than <20% of earthquake related losses were covered by insurancc. This includes the last decade, in which we witnessed some of the strongest earthquakes on record. Market conditions, increasing deductibles and ever tightening capacity restrictions serve to exacerbate this earthquake coverage gap.

In response, parametric earthquake cover has emerged as a robust alternative risk transfer solution for businesses and public entities to build resilience against earthquake risk.

On October 20th, 2021 Colin Harper, Senior Business Development Manager, North America at Descartes Underwriting joined industry experts Michael Korn, Managing Principal, National Property & Marine Practice Leader of EPIC Insurance Brokers & Consultants and Jacob Choi, Vice President, Parametric & Weather Solutions for Marsh in a lively roundtable discussion about:

current earthquake exposure trends
impacts on the insurance industry, and
applications for parametric coverage

The session was held live and included a rich series of Q&A. Don’t miss your chance to re-watch the conversation and learn how parametric earthquake covers are primed to address the evolving earthquake peril in North America and beyond. Click HERE to watch on-demand!

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]]> Webinar: Wildfires are changing the (risk) landscape https://descartesunderwriting.com/webinar-parametric-wildfire-insurance/ Thu, 22 Jul 2021 13:24:20 +0000 https://descartesunderwriting.com/?p=2114 Current drought conditions across the Western US are impacting water supplies, farming, livestock operations, energy production, & other activities. On July 21st, 2021 Colin Harper, Senior Business Development Manager, North America at Descartes Underwriting joined industry experts Peter Rapciewicz, Senior Vice President, Alternative Risk Practice Leader for Lockton Companies and Michael Gruetzmacher, Managing Director, Alternative Risk […]

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]]> Current drought conditions across the Western US are impacting water supplies, farming, livestock operations, energy production, & other activities.

On July 21st, 2021 Colin Harper, Senior Business Development Manager, North America at Descartes Underwriting joined industry experts Peter Rapciewicz, Senior Vice President, Alternative Risk Practice Leader for Lockton Companies and Michael Gruetzmacher, Managing Director, Alternative Risk Solutions for Aon in a lively roundtable discussion about:

current wildfire exposure trends
impacts on the insurance industry, and
applications for parametric coverage

The session was held live and included a rich series of Q&A. Don’t miss your chance to re-watch the conversation and learn how parametric covers are primed to address the evolving wildfire peril in North America and beyond. Click the link below to watch on-demand!

WATCH THE WEBINAR RECORDING

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]]> Hail Webinar – The evolving risk landscape and opportune role of parametric covers https://descartesunderwriting.com/hail-webinar/ Wed, 21 Apr 2021 10:39:17 +0000 https://descartesunderwriting.com/?p=626 The risk landscape for hail is changing. On April 21st, 2021 Colin Harper, Senior Business Development Manager, North America at Descartes Underwriting joined industry experts Travis Scott of AssuredPartners and Peter Lacovara of Marsh in a lively roundtable discussion about: current hail exposure trends impacts on the insurance industry, and applications for parametric coverage […]

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]]> The risk landscape for hail is changing.

On April 21st, 2021 Colin Harper, Senior Business Development Manager, North America at Descartes Underwriting joined industry experts Travis Scott of AssuredPartners and Peter Lacovara of Marsh in a lively roundtable discussion about:

current hail exposure trends
impacts on the insurance industry, and
applications for parametric coverage

The session was held live and included a rich series of Q&A. Don’t miss your chance to re-watch the conversation and learn how parametric covers are primed to address the evolving peril. The recording is available to watch on-demand here!

The post Hail Webinar – The evolving risk landscape and opportune role of parametric covers appeared first on Descartes.

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