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IUA Market Briefing: Changing face of cat modelling

Event - 22.01.2019

This market briefing will discuss the importance of key issues regarding transformation in modelling catastrophes and discuss how interoperability and the use of ever upgrading technology can explore future predictions.

  • Event Date:  Tuesday 22 January 2019
  • Time: 12noon to 1pm
  • Venue: Conference Rooms, Lower Ground Floor, Balls Bros Wine Bar, Minster Court, Mincing Lane, London EC3.
  • Contact:  Deborah Finch, IUA Events Manager (020 7617 4451)

Read more here

Matthew Jones is the Head of Insurance Product at Simplitium, leading the product development of ModEx - the multi-vendor catastrophe risk modelling platform for the (re)insurance industry.

Before joining Simplitium, Matthew founded Cat Risk Intelligence, a UK based company providing catastrophe risk management consultancy to the (re)insurance industry. Prior to this, Matthew served as Global Head of Catastrophe Management for Zurich Insurance Group, leading the organisational change required to establish a global team with consistent processes to provide catastrophe knowledge, systems, models and services across Zurich’s general insurance lines of business. Matthew worked for Zurich for fourteen years, filling various roles in the actuarial pricing and catastrophe risk management fields. Before this, he was a reinsurance pricing actuary for St Paul Re in London.

Matthew graduated from the UK’s University of Nottingham in 1993 with a degree in Physics. He then completed a PhD in Oceanography and Remote Sensing from University College London, whilst being based at the UK’s National Oceanography Centre in Southampton. He is a Fellow of the UK Institute of Actuaries and a co-author of ‘Natural Catastrophe Risk Management and Modelling: A Practitioner’s guide’.

Dickie Whitaker has 30 years’ experience in the (re)insurance business and for the last 20 years has specialised in risk and innovation and linking academia, government and finance. Dickie has written and presented extensively on these subjects and has operated globally and has worked in both London and New York. He has co-founded and works for The Lighthill Risk Network,Oasis Palm Tree Ltd, The Oasis Hub and is Chief Executive of Oasis Loss Modelling Framework Ltd.

Richard Dixon has spent the last 18 years working in the insurance industry building, researching and evaluating catastrophe models at cat modelling companies, brokers and reinsurers. He was Head of Catastrophe Research at Hiscox and for the last two years, has been working as a consultant with his own company, CatInsight, helping clients to evaluate and better understand catastrophe models. In addition to this he is a Visiting Research Fellow where he has a position at the Department of Meteorology, University of Reading.  It is here he received a PhD investigating the processes involved in the development of severe European Windstorms in 1999.