Weather patterns are becoming more extreme, posing significant challenges for insurers in underwriting, risk assessment, and loss mitigation. In 2024 alone, AccuWeather estimated that weather and climate disasters in the U.S. caused approximately $500 billion in total damage and economic loss. Unlike traditional estimates that focus solely on insured losses, AccuWeather provides a more comprehensive view of financial impact—factoring in uninsured damages, job and wage disruptions, long-term medical costs, infrastructure damage, and interruptions to business operations such as supply chains and travel.
In this webinar, we’ll explore how these broader insights are critical for insurers to fully grasp the financial risks of extreme weather events. With the destructive 2024 season following an equally severe 2023, the need for forward-looking models and adaptive risk strategies has never been more urgent.
Our speakers will showcase:
- Case studies and advanced methodologies for leveraging climate and meteorological data to anticipate loss events, optimize policy pricing, and improve overall resilience.
- How AccuWeather data, integrated into the Data Intelligence Platform, enables insurers to perform data analytics and predictive modeling can identify emerging risk trends, enhance underwriting accuracy, and refine claims management strategies.
- How weather anomalies can be integrated into insurance risk models, helping insurers stay ahead in an era of climate uncertainty.
Who should attend?
This session is ideal for risk analysts, actuaries, underwriters, and industry leaders looking to enhance their approach to climate-related insurance risks