Property-Level Assessment of Climate Risk and Impact – Why it matters to MGAs

18/05/2023 | Online Zoom Conferencing

Gamma Location Intelligence (Gamma LI) has collaborated with financial and insurance institutions to address their physical and transitional climate risk reporting requirements from a regulatory perspective.

The team has developed a standardised approach that can be applied to both insurers and MGAs, offering a pragmatic and practical starting point for their climate assessment journey.

In this session, Gamma Location Intelligence (Gamma LI) will explore the essential aspects that MGAs need to understand, including regulatory requirements, what can be measured today and how it can be reported.

Learning Objectives

At the end of this session, delegates will be able to: –

  • Outline the challenges of assessing physical and transitional risk at property level
  • Summarise the regulatory landscape in relation to physical and transitional risk reporting
  • Explain how to measure, monitor and report on climate change
  • Describe how a practical approach can be implemented to address reporting challenges in the short and medium term

About the Speakers

Richard Garry
Chief Commercial Officer, Gamma LI

Richard has extensive experience in tailoring location intelligence solutions to client requirements, having advised property underwriters for over two decades. His expertise spans underwriting, actuarial, claims, and pricing functions.

Throughout his career, Richard has played a pivotal role in the development and implementation of applications that enhance spatial analysis and location intelligence for notable clients such as Allianz, Aviva, MGA Mutual, Prestige Underwriting, and Zurich.

Since 1998, Richard has been guiding clients on the optimal use of spatial solutions, recognising that out-of-the-box solutions may not be suitable for everyone. His extensive knowledge enables Gamma LI to create flexible, customer-centric solutions that cater to each client’s unique requirements.

Richard Cantwell
Principal Consultant, Gamma LI

Richard brings more than two decades of experience in managing and executing GIS projects in Ireland, the UK, and globally. At the forefront of Gamma LI’s Environmental, Social, and Governance (ESG) framework, he focuses on addressing risks driven by climate change.

With his comprehensive knowledge of spatial data and analytics platforms, Richard provides training, consulting, development, and project management services to clients. By helping them derive valuable insights, he plays a crucial role in reducing risks and enhancing decision-making processes, ultimately contributing to improved business results.

Jason Day
Head of Location Intelligence (EMEA), Gamma LI

Jason has a wealth of experience working in data and analytics businesses, specialising in resolving insight challenges for businesses across diverse sectors. He adopts a pragmatic, customer-centric approach to deliver solutions that leverage the efficient use of data to answer business questions and facilitate informed decision-making.

Collaborating closely with clients, Jason strives to deliver tailored solutions that not only tackle current challenges but also ensure adaptability for meeting future challenges. Key to this is the fostering of partnerships across best-in-class data providers that align with clients’ data needs.