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ModEx Annual Meeting 2018

Event - 19.07.2018, London, 16:00 - 21:00

Simplitium are hosting their ModEx Annual Meeting in London on the 19th of July to bring together market participants across the (re)insurance industry to discuss catastrophe risk modelling and management. 

Date: Thursday, July 19, 2018

Time: 16.00 - 21.00 

During the meeting we will hear from Aiste Kalinauskaite and Dr. Matthew Jones about the Open Exposure Data (OED) schema being developed in collaboration with the industry to improve transparency and consistency in the way that exposure data is managed. 

We will also hear from the two latest model developers to join the ModEx platform, Fathom and AmbientalDr. Andrew Smith, Chief Operating Officer at Fathom, will be presenting their upcoming 30-meter resolution US inland flood model. Ambiental's James Herbert will introduce their Australian flood model, FloodCatTM, and discuss ease of integration with ModEx.

Finally, James Lay and Dickie Whitaker will provide the latest developments and updates from ModEx and Oasis.

After the meeting we invite all attendees to join us for a networking drinks reception.

16.00 - 16.10        
Introduction and welcome

16.10 - 16:35    
Fathom - Modelling flood risk across the entire United States
Dr. Andrew Smith, COO, Fathom 

16.35 - 17.05        
Open Exposure Data (OED) – Managing your exposure data in ModEx 
Aiste Kalinauskaite, Consultant, Simplitium 
Dr. Matthew Jones, Consultant, Simplitium

17:05 - 17:15      
Introduction to Ambiental and Australia FloodCat
Paul Drury, Product Manager, Ambiental

17.15 - 17.30         
Where next? Latest developments and updates from Oasis and ModEx
Dickie Whitaker, CEO, Oasis Loss Modelling Framework 
James Lay, ModEx Commercial Director, Simplitium

17.30 - Onward      Drinks reception

Please note that the agenda is subject to change prior to the meeting. 

Confirmed upon registration

Please register by emailing Emmy Granström on emmy.granstrom@simplitium.com.

James Lay 
ModEx Commercial Director, Simplitium
10086James has spent the past 18 years in the technology industry, primarily engaged with developing solutions and technology strategies for the financial services sector.

Having worked for some of the largest and most diverse technology and I.T. service providers in the industry, James has managed portfolios of accounts in the City of London with a focus on driving business across a broad range of software and outsourced services. In 2012, this led to a project focussed on managed services aligned to catastrophe modelling with one of the major vendors in that space. James managed a technical team to deliver a proof of concept demonstrating the feasibility for core insurance applications to be managed in an outsourced environment.

More recently, as part of a product development project for Boat Services (now Simplitium), James worked closely with a consortium of Insurtech focused businesses to build a catastrophe modelling platform that opens up the market to specialist model providers and broadens the choice of models available to the (re)insurance industry.

Aiste Kalinauskaite
Consultant, Simplitium
Aiste (closeup)

Aiste Kalinauskaite is a Director at City Cat Consulting who provide expertise in catastrophe modelling and help to bridge the gap between exposure management and IT departments.

Since taking a module at university about SQL databases, Aiste has been passionate about the technology and its capabilities. After spending nearly a decade in (re)insurance industry, Aiste has developed expertise in catastrophe modelling and exposure management. At Zurich Insurance Group, she worked on automation and streamlining of the catastrophe modelling process, which eventually led to work on the global exposure database project. While at Guy Carpenter, she worked for clients including the Lloyd’s Syndicates and global insurance companies, assessing their exposures and implementing their regulatory reporting. Her motto is  to leave everything better than how you found it.

Aiste holds degree in Econometrics from Vilnius University and a BSc (Hons) in Applied Statistics from University of Plymouth. After graduation, she collaborated with her lecturers to publish an article in Significance magazine on how to bring statistics into communities.

Dr. Matthew Jones
Consultant, Simplitium
Matt Jones (Full)

Matthew Jones is the founding Director of Cat Risk Intelligence, a UK based company providing catastrophe risk management consultancy to the (re)insurance industry.

In his previous role as Global Head of Catastrophe Management for Zurich Insurance Group, Matthew led 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. He worked for Zurich for fourteen years, including various roles in the actuarial pricing and catastrophe risk management fields.

Prior to this Matthew 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’.

Dr. Andrew Smith
COO, Fathom Global
Andrew Smith Square Photo

Andrew smith is a co-founder and Chief Operations Officer of Fathom, a UK based company proving flood analytics to (re)insurers, corporates, development organisations and disaster responders.

Andrew co-founded Fathom whilst undertaking his PhD at the University of Bristol. During his time at the University, his research was largely focussed on modelling the impacts of climate change on flood risk. Whilst undertaking this work, his focus began shifting towards the development of large scale flood models, leading to numerous publications in the field.

Since completing his PhD in 2014, Andrew undertook a post-doctoral research position before becoming COO at Fathom full-time in 2016.

Dickie Whitaker
CEO, Oasis LMF
Dickie Photo-687646-edited

Dickie has 30 year’s 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, FiNexus Ltd, Oasis Palm Tree Ltd, The Oasis Hub and is chief executive of Oasis Loss Modelling Framework Ltd. He also works with and advises the following organisations:

  • NERC’s Innovation Advisory Board,
  • Satellite Applications Catapult Advisory Group
  • The Institute for Environmental Analytics (IEA)
  • Insurance Development Forum (IDF) Risk modelling and management steering group.

Paul Drury
Product Manager, Ambiental

Paul Drury Photo bwPaul has wide-ranging experience of technical computing and data modelling projects. He is an expert in GIS and analysis with a developed understanding of environmental data and underlying technical concepts. Paul supervises the development and management of digital flood products and services. His work experience includes flood modelling, catastrophe modelling and climate change flood mapping for the UK, Australia, Brazil and Asia-Pacific region. Paul has a BSc (hons) in Environmental Sciences.