How have U.S. crop growing conditions been this year and what does that mean for crop insurers and reinsurers? Senior Scientist Subodh Acharya shares his insights with AM Best. Take a listen: https://vrsk.co/4dXCrBd #CropGrowing #RiskMitigation #CropInsurance
Verisk Extreme Event Solutions
Software Development
Boston, Massachusetts 36,760 followers
Verisk provides risk modeling solutions that make individuals, businesses, and society more resilient to extreme events.
About us
Verisk extreme event solutions (AIR Worldwide) provides risk modeling solutions that help individuals, businesses, and society become more resilient to extreme events. In 1987, Verisk founded the catastrophe modeling industry and today models the risk from natural catastrophes, supply chain disruptions, terrorism, pandemics, casualty catastrophes, and cyber incidents. Insurance, reinsurance, financial, corporate, and government clients rely on Verisk’s advanced science, software, and consulting services for catastrophe risk management, insurance-linked securities, longevity modeling, site-specific engineering analyses, and agricultural risk management. Follow us on Twitter at @VRSKExtremEvent, YouTube, and Instagram.
- Website
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https://www.air-worldwide.com/in-the-news/Media-Center/
External link for Verisk Extreme Event Solutions
- Industry
- Software Development
- Company size
- 501-1,000 employees
- Headquarters
- Boston, Massachusetts
- Type
- Public Company
- Founded
- 1987
- Specialties
- catastrophe modeling, financial, reinsurance, risk management, property insurance, casualty insurance, risk analysis, risk management software, cyber risk, risk management solutions, casualty risk, life and health products, reinsurance risk modeling, insurance risk modeling, extreme event modeling, insurance, and terrorism risk modeling
Locations
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Primary
Lafayette City Center
2 Avenue de Lafayette, 2nd Floor
Boston, Massachusetts 02111, US
Employees at Verisk Extreme Event Solutions
Updates
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Colette Karakashian shares her experience at Verisk, highlighting our commitment to fostering an inclusive environment that empowers our team members to be their true authentic selves. #WomenInInsurance #WomenInLeadership #Insurance
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Crack the risk modeling code! Join us in Boston (or virtually), for the Verisk Certified Extreme Event Modeler Program™ (CEEM™) from September 30-October 4. Attend our program to: ✔️Gain a deep understanding of catastrophe risk modeling ✔️Get hands-on training and expert instruction on our software ✔️Earn a CEEM certification Register now! https://vrsk.co/4dTOiAb #RiskModeling #Catastrophe #RiskManagement #ExtremeEvents #InsuranceCertification
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Check out Verisk’s Jay Guin on the AM Best Audio Podcast! He breaks down: ✅Risk in Canada due to its geography ✅The challenges cat modelers are facing ✅How cat modeling continues to evolve Listen to the full podcast: https://vrsk.co/3SQ8ieX #CatastropheModeling #RiskModeling #ClimateChange #InsurTech
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🎉 Our Munich office turns 10! We had a blast celebrating this major milestone at our summer party. SVP and Managing Director Yörn Tatge took us on a wild ride through 10 years of history, and we couldn't be prouder of our team! Great food, great people, and great times. Cheers to another 10 years! #10YearAnniversary #Celebrate #LifeAtVerisk
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💡Our interns had the opportunity to have insightful conversations with EES President Rob Newbold and EVP Sudhir Potharaju. From sharing career advice to discussing industry insights, these are the moments that inspire our next generation of leaders. One intern shared, "Something that resonated with me was that being nervous or intimidated to present to groups can still be a challenge, even for those in top leadership positions. However, they continue to hold on to a strategy, whether it is memorizing the whole presentation or telling a joke to lighten the mood, to present as best they can because being able to communicate efficiently is essential to a successful team." #InternLifeAtVerisk #EarlyCareers #EarlyCareersAtVerisk #Opportunities
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Verisk Extreme Event Solutions reposted this
Start packing your bags for #VICUK2024, and get ready to hear from industry experts across general insurance, catastrophe modeling, specialty insurance, and reinsurance. Meet Gayatri Natarajan, SVP of Global Product Management, and get a preview of what she's going to cover during her session at VIC London! #ExtremeEvents #ThoughtLeadership #Conferences #Insurance #CatModeling #Risk #Reinsurance #Insurtech
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Verisk Extreme Event Solutions reposted this
“One commonly-repeated misconception of newcomers to the field is that catastrophe models are based solely on physics-free interpretation of historical data. Such design would obviously be quite limiting to the ability to represent hazards — especially in a changing climate. In fact, one fundamental value proposition of probabilistic cat modelling has always been to cover the state space of physically plausible risk outcomes more fully than can be done through use of statistics on historical data alone. One core aspect of our expertise is therefore in blending physics with statistical modelling.” In our latest comment article, authors Jayanta Guin, Suz Tolwinski-Ward, Charles Jackson, Boyko Dodov, and Roger Grenier of Verisk Extreme Event Solutions, Boston, MA introduce the catastrophe risk modelling industry, describe the history and latest developments in state-of-the-art cat models within their firm, and discuss how further collaboration across sectors could contribute to progress in the estimation of climate-driven risk. As a #DiamondOpenAccess article, Insights into Industrial Catastrophe Risk Climate Peril Modelling, and Cross-Sector Opportunities for Progress is available to read on the #JCRR website for free here: https://lnkd.in/gEPSXszb #Sustainability #ClimateChange #ClimateRisk #RiskModelling
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Verisk Extreme Event Solutions reposted this
JulieAnna Anastassatos of Verisk and Nancy Watkins of Milliman Inc. joined us at #WRGCC24 to provide a overview of how models and scores are used in property insurance underwriting, pricing and portfolio management. Learn more: https://bit.ly/4c2w8v5. 📸: Michael Hopkins
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The Verisk Extreme Events Solutions research and modeling team estimates that insured losses from wind in the U.S. for Hurricane Beryl will range between $2 billion-$3 billion USD. The Category 1 hurricane hit near Matagorda Bay, Texas, with estimated sustained winds of 80 mph as it moved inland, causing extensive and prolonged power outages affecting nearly 3 million households. The outages alone may lead to substantial claims due to various factors. Learn more about the estimated losses: https://vrsk.co/4cPBQ4w #HurricaneBeryl #ExtremeEvents #CatastropheModels
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