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In this episode of Power Producers Podcast, David Carothers sat down with Brian Thompson from Descartes Underwriting to break down parametric coverage and why it is becoming a serious differentiator for producers. Brian explained parametric as a predefined payout tied to a predefined event, with payment triggered by the event and supported by a loss attestation. They explored how parametric can address gaps traditional insurance does not, especially economic loss, non damage business interruption, and revenue disruption tied to access and supply chain issues. David emphasized that producers do not need to be experts, but they do need to know parametric exists and ask better discovery questions to uncover risks that can be solved with these programs. Key points: Parametric 101 and How It Actually Works Brian Thompson explains that parametric coverage is built around pre negotiated payouts for predefined events. Instead of adjusting the claim, coverage triggers based on the event, and the insured attests they suffered a loss. This structure can allow funds to arrive within days, helping clients recover faster and avoid long delays. Economic Loss Matters More Than Physical Damage A major takeaway is that parametric can cover full economic loss, not just physical damage. That includes revenue disruption after a storm, cancellations, loss of access, and increased operating costs. This is where many producers get stuck because they assume insurance only responds to visible property damage. Real World Use Cases Beyond Property Insurance They shared examples like a casino location in Macau where coverage was tied to access over a bridge, resulting in a fast payout after a typhoon closed access. Another example involved Mississippi River water levels impacting barge shipments, forcing higher costs through trucking and rail. These scenarios show how parametric can insure risks that usually fall outside standard policies. How Pricing and Structuring Really Happens David pushed for clarity on pricing, and Brian explained that rate depends on frequency, severity, and what the client wants to retain versus transfer. The structuring process is iterative, often requiring several quote revisions. Back testing is a key advantage because teams can model how coverage would have performed during past events. Why Generalists Will Struggle Going Forward David reinforced that generalist producers will lose because they miss nuanced operational risks. Parametric requires deeper discovery to uncover what truly threatens profitability, liquidity, and continuity. Knowing how to ask the right questions helps producers create wedge opportunities and win accounts. Education Resources and How Producers Can Get Started Brian shared that education is a major part of adoption, and Dart runs webinars, publishes a newsletter, and provides case studies and examples. The most important step is sending a what if scenario and using real quotes to understand how the product behaves. Producers can lean on the carrier team as an in house expert until they build confidence. Connect with: David Carothers LinkedIn Brian Thompson LinkedIn Kyle Houck LinkedIn Visit Websites: Power Producer Base Camp Descartes Underwriting Killing Commercial Crushing Content Power Producers Podcast Policytee The Dirty 130 The Extra 2 Minutes
Let's explore insurance litigation's new terrain. This week, Brandon Schuh leads a sharp conversation with Matt Monson of The Monson Law Firm and Todd Kozikowski, CEO and Co-Founder at 4WARN. Delving into topics like mass torts, nuclear verdicts, and litigation harvesting, the episode unpacks aggressive trends driving major changes in claims and coverage, highlighting how private capital, marketing tech, and regulatory gaps are remaking the insurance landscape.The discussion details how litigation harvesting has become a well-oiled pipeline, fueled by third-party investments and digital lead generation mechanisms. Matt Monson elaborates on law firms' multimillion-dollar deals with hedge funds while Todd Kozikowski exposes 4WARN's data-driven risk analysis and the ways claims are mass-produced through AI-powered advertising and direct outreach. Social inflation and nuclear verdicts are dissected as top factors raising premiums and challenging the survival of insurance carriers.Monson and Kozikowski call for smarter oversight and risk management, stressing the urgency for insurers to adapt tactics and regulatory bodies to rein in unscrupulous lead generation. The episode also highlights innovations like parametric-triggered cat bonds after disasters, underscoring the growing complexity of risk mitigation facing carriers today as digital and financial disruptions reshape both litigation and underwriting norms.Takeaways:Litigation harvesting is driving record claim volumes across insurance sectors.Third-party funding and hedge funds are key engines of mass torts.Digital ads, AI, and direct messaging redefine claims acquisition.Nuclear verdicts and social inflation sharply raise costs for insurers.Lead generation companies are bypassing traditional legal ads.Parametric cat bonds are key for catastrophic risk transfer.New regulatory oversight is needed to stabilize litigation risk.Data analytics solutions like 4WARN inform risk management for carriers.Chapters:00:00 Introduction01:00 Fast publishing & market turbulence update03:00 Litigation harvesting mechanics: investment & marketing07:30 Introducing guests: Matt Monson and Todd Kozikowski09:00 The effect of nuclear verdicts on premiums13:00 Third-party funding in mass torts16:30 Catastrophic events and insurance innovations20:00 Digital targeting and AI-powered claims lead generation22:30 4WARN's analytics: Risk assessment for carriers26:00 Policy, regulation, and future outlookConnect with RiskCellar:Website: https://www.riskcellar.com/Matt MonsonFounder and Manager, The Monson Law FirmWebsite: monsonfirm.com LinkedIn: https://www.linkedin.com/in/matthewdmonson/ Todd KozikowskiCEO & Co-Founder, 4WARNWebsite: 4warn.com LinkedIn: linkedin.com/in/toddkozikowski Brandon Schuh:Facebook: https://www.facebook.com/profile.php?id=61552710523314LinkedIn: https://www.linkedin.com/in/brandon-stephen-schuh/Instagram: https://www.instagram.com/schuhpapa/Nick Hartmann:LinkedIn: https://www.linkedin.com/in/nickjhartmann/
Why this episode made our all-time Top 9: If you've ever thought “non-parametric = Wilcoxon/Mann-Whitney and that's it,” this conversation will happily destroy that myth. Frank shows how rank-based methods unlock rigorous analyses for skewed data, outliers, ordinal endpoints, small samples, composites/estimands—and how to communicate effects without relying on means.
Unusual snow events can disrupt operations across many sectors, such as retail, hospitality, and agriculture, particularly in regions unaccustomed to winter weather. Eric Anderson, director of national sales at Vortex Weather Insurance, explains how parametric insurance provides faster relief by basing payouts on objective weather data rather than traditional claims processes. In this podcast, you'll learn: How parametric insurance differs from traditional coverage through automatic, data-based payouts. Which industries are most exposed to financial losses from unexpected snowfall or a lack of snow. How parametric policies offer a proactive strategy for weather risk management in snow-sensitive sectors.
On the Insurance Coffee House podcast, host Nick Hoadley welcomes Samuel Broomer, President of NormanMax Insurance Solutions, a rapidly growing MGA and Lloyd's syndicate pioneering climate-focused parametric insurance solutions.Speaking from Connecticut, Sam shares his career journey from reinsurance accounting at HSB Group to leadership roles at AIG, FM Global, and W.R. Berkley, before taking on his current role at NormanMax. With experience spanning finance, underwriting, innovation, and strategy, Sam offers a unique, end-to-end perspective on how insurance organisations can evolve to meet today's climate and technology challenges.He explains how NormanMax provides parametric protection against natural catastrophes such as hurricanes, earthquakes, floods, and severe storms, delivering certainty of payment, speed, and liquidity when policyholders need it most. Sam highlights the importance of third-party data or “oracle” verification for triggering payouts, eliminating lengthy loss-adjustment processes and building greater trust between insurers and customers.Sam also discusses why parametric insurance is becoming mainstream: a feature embedded within traditional policies that enhances the customer experience, helps close the protection gap, and restores confidence in the insurance value chain. He shares NormanMax's vision to make these products simple, accessible, and globally scalable through its Lloyd's Syndicate 3939 platform, serving clients from North America to the Caribbean, Europe, and Asia-Pacific.In the Espresso Round, Sam talks about building culture within what he calls a “multi-hundred-million-dollar startup,” offering insights on humility, curiosity, and the value of learning across disciplines. He also shares advice for insurance leaders on hiring with intention, building direct partnerships with talent, and staying open-minded to new perspectives in a rapidly changing market.Connect with Samuel Broomer on LinkedIn and learn more about NormanMax Insurance Solutions.The Insurance Coffee House Podcast is brought to you by Insurance Search.We are a global Insurance Executive Search Consultancy, supporting Insurance and Insurtech businesses to attract and retain the very best insurance talent.Find out more about showcasing your employer brand as a guest on the Insurance Coffee House Podcast or sign up to our News and Insights.Or follow us on LinkedIn, Twitter or Instagram.Insurance Executive Search Consultants in USA, London and Bermuda.Copyright Insurance Search 2025 - All Rights Reserved.
Parametric insurance has become a critical tool for managing risks, generally providing organizations with a transparent, data-driven risk financing solution. Its defined triggers generally lead to faster and more predictable payouts compared to traditional indemnity insurance. In this episode of Risk in Context, Marsh's Steve Harry and Hannah Bassett explore how parametric insurance is evolving. They discuss practical applications that enable organizations to better anticipate and respond to both established and emerging risks, highlighting opportunities to integrate parametric solutions into captive insurance programs for more tailored and flexible risk management. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com.
In this conversation, Mayur Mistry interviews Mohamed Adil, the founder of Awatif, discussing his journey from structural engineering to software development. They explore the complexities of finite element analysis, the importance of understanding fundamentals in engineering, and the evolution of Awatif as a parametric modeling platform. Mohamed emphasizes the value of open source contributions and collaboration in the engineering community, sharing insights on how to approach software development in structural engineering. Takeaways Mohamed Adil is the founder of Awatif, a parametric modeling platform. His career highlights include a focus on finite element analysis and software development. Understanding the fundamentals of engineering is crucial for effective problem-solving. The transition from structural engineering to software development can enhance one's skills. Asking 'why' is essential in learning and understanding engineering concepts. The complexities of finite element analysis stem from various edge cases and scenarios. Awatif started with the idea of interactive simulation but pivoted to focus on parametric modeling. Real-time analysis in structural engineering can aid architects in decision-making. Open source contributions are vital for community-driven development in engineering. Collaboration and delegation can significantly enhance productivity and innovation. Chapters 00:00 From College to Career: The Journey Begins 02:23 The Leap to Software Development 04:47 Understanding the Complexity of Structural Analysis 07:06 Building a New FEM Solver 09:44 The Evolution of Awatif 12:03 Interactive Parametric Modeling 14:14 The Future of Structural Engineering 16:42 Open Source and Community Collaboration 19:25 Rapid Fire: Insights and Reflections
In this episode, we talk with Kate Stillwell, PE, SE, MBA, president of parametric insurance at Neptune Flood about parametric insurance in structural engineering and how it empowers communities with faster, more accessible recovery after disasters. We explore her journey from engineering to entrepreneurship and the innovative models driving resilience. Engineering Quotes: Here Are Some […] The post How Parametric Insurance Transforms Structural Engineering Resilience – Ep 166 appeared first on Engineering Management Institute.
I spoke with Kalai Ramea at a timely moment. We recorded this conversation during a heatwave in the UK, which made her work at Planette AI feel very real. Kalai calls herself an all-purpose scientist, with a path that runs through California climate policy, Xerox PARC, and now a startup focused on the forecast window that most people ignore. Not tomorrow's weather. Not far-off climate scenarios. The space in between. Two weeks to two months out, where decisions get made and money is on the line. Kalai explains Planette AI's idea of scientific AI in plain words. Instead of learning from yesterday's weather patterns and hoping the future looks the same, their models learn physics from earth system simulations. Ocean meets atmosphere, energy moves, and the model learns those relationships directly. That matters in a warming world where history is a shaky guide. It also shortens time to insight. Traditional models can take weeks to run. If the output arrives after the risky period has passed, it is trivia. tte AI is building for speed and usefulness. The value shows up in places you can picture. Event planners deciding whether to green-light a festival. Airlines shaping schedules and staffing. Farmers choosing when to plant and irrigate. Insurers pricing risk without leaning only on the past. Kalai shared a telling backcast of Bonnaroo in Tennessee, where flooding forced a last-minute cancellation. Their system showed heavy-rain signals weeks ahead. That kind of lead time changes outcomes, budgets, and stress levels. From Jargon To Decisions What I appreciate most about this story is the focus on access. Too many forecasts live in papers that only specialists read. Kalai and team are working to strip away jargon and deliver answers people can act on. Will it rain enough to trigger a payout. Will a heat threshold be crossed. Will the next month bring the kind of wind that matters for grid operations. The delivery matters as much as the math. NetCDF files might work for researchers, but a map, a simple number, or a chat interface is what users reach for when time is short. There is also a financial thread running through this work. Climate risk now shapes crop insurance, carbon programs, and balance sheets. Parametric insurance is growing because it is simple. Set a threshold. If it hits, the policy pays. Better medium-range signals make those products fairer and more useful. Kalai describes Planette AI's role as a baseline layer others can build on, a kind of AWS for climate intelligence. That framing fits. No single company will build every app in this space. A reliable core makes the rest possible. Kalai's path ties it all together. Policy taught her how decisions get made. PARC sharpened her instincts for practical AI. PlanetteAI is the result. If you care about planning beyond next week, this episode will give you a new way to think about forecasts and the tools that power them. I will add the blog link Kalai shared in the show notes. In the meantime, if you are in agriculture, travel, energy, or insurance, ask yourself a simple question. What would you change if you had a trustworthy signal three to eight weeks ahead. ********* Visit the Sponsor of Tech Talks Network: Land your first job in tech in 6 months as a Software QA Engineering Bootcamp with Careerist https://crst.co/OGCLA
Alex Zweber, Portfolio Manager and Strategist at Parametric under Morgan Stanley Investment Management, joins Bilal Little, Director of Exchange Traded Products at the NYSE, to share his journey from derivatives trading to leading Parametrics' liquid alternatives team. He discusses the explosive growth of ETFs for income, protection, and growth, and how Parametric is bringing decades of institutional expertise into the ETF wrapper.
On this week's episode of The Leadership In Insurance Podcast, I sat down with Samuel Broomer, President of NormanMax Insurance Solutions, to explore how parametric insurance is reshaping the industry and what it means for carriers, agents, and customers alike.From its early applications in Sub-Saharan Africa to its role today in addressing protection gaps across the U.S., this episode dives deep into how parametric solutions are transforming the insurance landscape.
On this episode of the Scouting For Growth podcast, Sabine VdL talks to Mike Gulla, CEO of Adaptive Insurance, whose team is redefining what it means to be resilient in an era of climate uncertainty and operational volatility. We'll explore why now is the time for parametric and adaptive insurance, what inspired the creation of Adaptive, and how emerging technologies like AI, big data, and cloud computing are transforming the insurance landscape. KEY TAKEAWAYS Mike started Adaptive in early 2024 to help businesses build financial resilience against climate change, using parametric-style products and unique data assets. Starting a business comes with many challenges – revenue planning, product selection, and insurance. Our focus is helping owners understand how environmental factors like extreme weather or business interruptions could impact them over time. Power outages show that even with backup systems, grid failures can cause major disruptions – from dark streets to reduced customer traffic. As climate shifts, populations are moving into areas with new weather risks. My focus is on creating innovative insurance products that turn these challenges into opportunities for good BEST MOMENTS ‘The consumer needs knowledge to understand what the things are that are ultimately going to impact their business.' ‘Speed is huge, which is why we use parametric products, a business owner needs to be able to make a decision very quickly after an event occurs. When you combine knowledge with speed it helps them make a better decision for their business.' The insurance industry has suffered from how fast things have changed.' ‘Parametric insurance products are similar to streaming services in that they allow the consumer a new opportunity to have access to a different type of coverage that specifically focusses on something that might impact their business.' ABOUT THE GUESTS Mike Gulla, CEO and Co-Founder of Adaptive Insurance, has over 20 years of experience in the insurance industry and is passionate about transforming how insurance works by leveraging technology and innovative strategies. His career is marked by a commitment to making insurance more adaptive, efficient, and customer focused. Mike's leadership at Adaptive Insurance reflects his vision for a smarter, more responsive industry—one that meets the evolving needs of clients in a rapidly changing world. Known for his forward-thinking approach and dedication to excellence, Mike continues to inspire teams and drive meaningful change across the insurance landscape. LinkedIn ABOUT THE HOST Sabine is a corporate strategist turned entrepreneur. She is the CEO and Managing Partner of Alchemy Crew a venture lab that accelerates the curation, validation, & commercialization of new tech business models. Sabine is renowned within the insurance sector for building some of the most renowned tech startup accelerators around the world working with over 30 corporate insurers, accelerated over 100 startup ventures. Sabine is the co-editor of the bestseller The INSURTECH Book, a top 50 Women in Tech, a FinTech and InsurTech Influencer, an investor & multi-award winner. Twitter LinkedIn Instagram Facebook TikTok Email Website This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/
In this episode of The Edge of Risk by IRMI, host Joel Appelbaum speaks with Dr. Marcus Schmalbach, CEO of RYSKEX, about a groundbreaking application of captive insurance and parametric risk transfer to support carbon sequestration. The discussion centers on the Arx Veritas project, which monetizes environmental restraint by leaving fossil fuels in the ground—turning unmined coal into a verifiable and tradable asset. Dr. Schmalbach explains how the captive structure, paired with blockchain-based verification, artificial intelligence, and satellite imagery, creates trust and financial credibility for this emerging asset class. The conversation explores how parametric triggers address complex, forward-looking risks, why third-party validation is essential, and how similar models could scale to oil, gas, and rare earth minerals. He also shares his perspective on the paradigm shift needed for risk professionals to work effectively in the evolving carbon economy.
This episode of The Future Built Smarter examines parametric engineering, which transforms design from a static, linear process to a dynamic, adaptive one. “By leveraging specialized 3D software like Rhino, Grasshopper, and Karamba, engineers can create flexible and intelligent design models that respond instantly to changes in parameters as opposed to building a model using fixed dimensions,” says Michael Kilkelly. A member of IMEG's Innovation Team, Michael has been working with others on a new structural service for clients that has just been launched: Project SPEED, which stands for Structural Parametric Engineering for Efficient Design. “Building owners want projects delivered on a shorter timeline than ever before,” says Michael. “Traditional design processes, however, are not well suited to this reality, especially for structural engineers, for whom complexity and time are two of the biggest challenges. As a result, engineers often can't fully explore the breadth of possible solutions, one of which might better meet a project's goals. Parametric engineering allows engineers to create lightweight structural design models, very quickly make changes, test the design, and iterate quickly.” Instead of taking a few days using the traditional design process, parametric engineering enables engineers and clients to instantaneously see the feasibility and impact of changes—moving shear walls, changing bay sizes, using concrete or mass timber versus steel, etc.—as well as the resulting impacts on material cost and embodied carbon. “So instead of, ‘It'll take us two days to get back to you,' it's ‘Let's look at it right now.' It becomes a much more interactive, collaborative process.” Watch a video on parametric engineering and learn more on the IMEG blog.
When climate volatility rises, the need for fast, transparent insurance has never been greater.In this episode of Building Tomorrow's Insurer, host and Kanopi CEO Nigel Fellowes-Freeman speaks with Lynn Roehrig, Head of Business Development at Descartes Underwriting, about the growing role of parametric insurance in a world where natural catastrophe (nat cat) risks are accelerating.They unpack how parametrics shift the conversation—from loss adjustment and delays to real-time data, pre-agreed payouts, and clarity for risk managers and brokers alike.
Tony chats with Sam Broomer, President of Embedded Parametric Solutions at NormanMax Insurance Solutions, they help solve this growing gap of economic loss relative to insurance coverages. Parametric solves a real challenge for both consumers and businesses. On the consumer side they're creating coverages that didn't exist before, all of it with the fast speed of parametric. On the Homeowner side they help cover your deductible. On the commercial property side there are a whole bunch of other issues that can be addressed with parametric. A must not miss episode!Sam Broomer: https://www.linkedin.com/in/samuel-broomer-5997616/NormanMax Insurance Solutions: https://normanmaxinsurancesolutions.com/Video Version: https://youtu.be/-ikoUUCshd0
What if we could detect and suppress wildfires within minutes—not hours? In this episode of All Things Wildfire, we sit down with Carsten Brinkschulte, CEO of Dryad Networks, to explore the cutting-edge technology redefining wildfire defense. From solar-powered IoT sensors that detect fires in their earliest stages to SilverGuard, an autonomous drone system poised to revolutionize fire suppression, this conversation dives deep into the future of wildfire resilience. We uncover how parametric insurance could reshape wildfire risk models and why collaboration between tech innovators and insurance providers is essential. Carsten shares Dryad's bold vision: a world where wildfires are extinguished before they can spread—using AI, sound wave suppression, and a fast-reacting web of intelligent systems. Key Takeaways: Dryad's SilverNet detects ignition in minutes—before smoke is even visible. 85% of wildfires are caused by human activity, increasing the need for early intervention. Parametric insurance may unlock faster claims and incentivize prevention tech. Autonomous drones and sound wave suppression may be the future of firefighting. A call for industry collaboration to achieve fully integrated wildfire response systems. If you're in wildfire prevention, insurance, or technology—this is a must-listen episode.
Episode Info The Insurance Industry is facing a number of challenges today. And yet the number of strategies tools we can use to overcome those challenges is equally numerous. That's the spirit of the conversations my good friend Nick Lamparelli and I get into whenever we talk, and now, you get to hear what we talk about because we got together to take over Dave Wechsler's InsurTech Rap a couple of weeks ago, and I am releasing that episode on my show for all of you! Highlights from the Show The interview delves into the current challenges and innovations within the insurance market, focusing on the years 2023 and 2024. Key issues discussed include the impact of inflation, tariffs, and natural catastrophes on the industry. The conversation highlights the structural changes in the market, particularly the broken cycle of rate adjustments post-crises, and the ongoing struggle to balance profitability with affordability for both carriers and consumers. Regulatory challenges, such as difficulties in obtaining rate approvals, are examined, alongside the industry's frustration with continuous rate increases. The discussion also explores innovative solutions like parametric insurance, which offers a viable alternative to traditional models, and emphasizes the importance of diversification in business models, especially for mutual insurers. The interview touches on the economic effects of tariffs on trade flow and currency attractiveness, as well as the long-term cost of capital. Audience interaction enriches the conversation, providing additional insights into market challenges and potential solutions. The session concludes with gratitude towards participants and a teaser for future discussions on community-based insurance solutions. Key Points: Market Dynamics and Challenges: The conversation explores the structural changes in the insurance market, emphasizing the broken cycle of rate adjustments following crises. Challenges in finding a balance between profitability and affordability for carriers and consumers are highlighted. Regulatory and Rate Issues: The difficulty in obtaining rate approvals and the impact of regulatory actions on market dynamics are discussed. The conversation touches on the frustration within the industry regarding continuous rate increases and the need for alternative solutions. Parametric Insurance Solutions: The rise of parametric insurance as a viable alternative to traditional models is explored, noting its benefits and cost implications. Diversification and Innovation: The importance of diversification in business models, especially for long-standing mutual insurers, is emphasized. The potential for creative solutions like reciprocal models and community-based insurance solutions is discussed. Impact of Tariffs and Economic Factors: The conversation delves into the effects of tariffs on trade flow, currency attractiveness, and the long-term cost of capital. This episode is brought to you by The Future of Insurance book series (future-of-insurance.com) from Bryan Falchuk. Follow the podcast at future-of-insurance.com/podcast for more details and other episodes. Music courtesy of Hyperbeat Music, available to stream or download on Spotify, Apple Music, and Amazon Music and more.
Watch this special Aftershow episode with George, Patrick, Dr. Brenda Wells, and a great team of East Carolina University (ECU) Pirates for a quick discussion about the latest … Read More » The post IJA Aftershow Special: Dr. Brenda Wells and her team at ECU! appeared first on Insurance Journal TV.
In this episode of the AgCulture Podcast, Jamie Luce—CEO and Co-Founder of AIR Parametric—breaks down how parametric insurance is changing the game for managing climate risks in livestock and dairy farming. He shares how their data-driven tool, Milkshake™, helps farms get fast support during extreme heat, skipping the usual hassle of filing claims. It's a simpler, smarter way to get coverage, no matter the size of the operation. Tune in now on your favorite podcast platform!Meet the guest:Jamie Luce is the CEO and Co-Founder of AIR Parametric, bringing over two decades of leadership in commercial insurance. With a career spanning Liberty Mutual, QBE, and Jewelers Mutual, he launched AIR Parametric to build new protections for agricultural businesses against extreme climate events. Luce holds deep expertise in underwriting, insurance strategy, and innovation.Connect with our guest on Social Media: LinkedInWhat you will learn:(00:00) Introduction(02:11) Parametric insurance (04:42) Heat index triggers(07:07) Localized data models(10:24) Pricing and policy tiers(17:09) Rise of alt insurance(22:25) Closing thoughtsDiscover the world of agriculture with the "Ag Culture Podcast". This podcast will be a gateway for those passionate about agriculture to explore its global perspectives and innovative practices.Join Paul as he shares his experiences in the agricultural industry, his travels and encounters with important figures around the world.Available on YouTube, Spotify and Apple Podcasts.Subscribe at http://www.agculturepodcast.com and keep an eye out for future episodes, bringing insights and stories from the vibrant world of agriculture.
“What do investors want?” is the primary question motivating Graham Sinclair, my guest today and one of the pioneers in sustainable investing: from launching the PRI (Principles in Responsible Investment) into emerging markets in 2007, to working with iconic firms like KLD, IFC, Parametric and AIG on Wall Street. We sat down to talk about Sinclair's course at Harvard Extension School, “Making the Sustainable Investment Case,” which is one half of the Sustainable Finance micro certificate and a benchmark for candidates in the Masters of Sustainability program. New for 2025 is a two-part deep dive on Nature x Investment, drawing on the cutting-edge work of Irina Likhachova in biodiversity and fixed income. Sinclair is once again using “Fund Labs” projects for hands-on experiential learning with four specialist sustainable investment managers: Bill Page + Liz Simmie + Garvin Jabusch + Christofer Halldin. Listeners are in for a treat as Sinclair offers a unique perspective on what investors want.
Artemis Live - Insurance-linked securities (ILS), catastrophe bonds (cat bonds), reinsurance
This podcast episode features the second panel session of the day at our Artemis ILS NYC 2025 conference, which was held on February 7th in New York City. ILS NYC 2025 was Artemis' eighth catastrophe bond and insurance-linked securities (ILS) conference held in-person in New York and saw more than 425 registered attendees enjoying insightful debates from our expert speakers, as well as valuable networking opportunities throughout the day. Attendees from across the globe assembled to hear thought-provoking insights from insurance-linked securities (ILS) market leaders, all under the theme of "Capturing opportunities (established & new)." Our next episode from the ILS NYC 2025 conference features the second panel discussion of the day, which was focused on the expansion of parametric risk transfer investment opportunities in the insurance-linked securities (ILS) market. The panel discussion was moderated by Martin Malinow, CEO, Parameter Climate. He was joined by: Sandra DeSilva, President & CEO, Mythen Re Ltd.; Tanguy Touffut, CEO, Descartes Underwriting; Urs Ramseier, Executive Chairman & CIO, Twelve Capital; and Sandeep Ramachandran, Portfolio Manager, Pier61 Partners. Panellists discussed the evolution of the parametric insurance, reinsurance and risk transfer market, speaking about the history of this segment and its maturity into a parametric ILS opportunity for investors. Speakers also explored what it is that makes parametric risk transfer an investable asset class in its own right, how this can be an attractive portfolio complement for ILS investors and where they expect to see growth in the use of third-party investor capital to support parametric insurance and reinsurance market growth. Listen to the full podcast episode of this parametric ILS focused panel discussion at ILS NYC 2025, for unique insights into developments in the parametric risk transfer market and how these present attractive investment opportunities and an area where the ILS market can expand its scope.
INTRO 1: Morgan Stanley & Parametric just created a new way to invest in women's sports - literally.In episode #136 of
Outline00:00 - Intro03:26 - Development: ETH Zürich07:15 - Growth: Minnesota and Wisconsin36:16 - Productivity: Caltech53:28 - Change: ETH Zürich01:37:18 - Continuity: University of Pennsylvania01:45:36 - OutroLinksManfred's website: https://tinyurl.com/mryp38w3Farewell lecture: https://tinyurl.com/2j5uxsp4Laying the foundations: an advisor's perspective: https://tinyurl.com/ym5e4437Internal model control. A unifying review and some new results: https://tinyurl.com/vmm7a4tkInternal model control - PID controller design: https://tinyurl.com/rup3azjmRobust process control: https://tinyurl.com/8uhurkubRobust control of ill-conditioned plants: high-purity distillation: https://tinyurl.com/5xfty34cComputational complexity of mu calculation: https://tinyurl.com/24yvvcc7Robust constrained model predictive control using linear matrix inequalities: https://tinyurl.com/3pdk55kkControl of systems integrating logic, dynamics, and constraints: https://tinyurl.com/489ekvsnThe explicit linear quadratic regulator for constrained systems: https://tinyurl.com/mr2e3z83Model predictive control: https://tinyurl.com/2s4dafkd Parametric programming: https://tinyurl.com/2u9vj79yEmbotech: https://tinyurl.com/3f99ks65Embedded online optimization for model predictive control at megahertz rates: https://tinyurl.com/59z3vnb9Donoho's “Bridge from mathematical to digital and back”: https://tinyurl.com/3f9fk73wSupport the showPodcast infoPodcast website: https://www.incontrolpodcast.com/Apple Podcasts: https://tinyurl.com/5n84j85jSpotify: https://tinyurl.com/4rwztj3cRSS: https://tinyurl.com/yc2fcv4yYoutube: https://tinyurl.com/bdbvhsj6Facebook: https://tinyurl.com/3z24yr43Twitter: https://twitter.com/IncontrolPInstagram: https://tinyurl.com/35cu4kr4Acknowledgments and sponsorsThis episode was supported by the National Centre of Competence in Research on «Dependable, ubiquitous automation» and the IFAC Activity fund. The podcast benefits from the help of an incredibly talented and passionate team. Special thanks to L. Seward, E. Cahard, F. Banis, F. Dörfler, J. Lygeros, ETH studio and mirrorlake . Music was composed by A New Element.
If you're a homeowner, you're probably already familiar with the conditions imposed on insurance deductibles when disaster strikes. Cities and towns also have insurance for their losses when the weather gets destructive.Now, mayors along the Mississippi River are piloting a new insurance experiment to better help communities recover after disasters.Delaney Dryfoos, environmental reporter for the Lens Nola, has been covering this story for the Mississippi River Basin Ag and Water Desk and joins us for more.This was a busy year in politics – yes we had the presidential election, but Louisiana had some pretty noteworthy political happenings as well. Gov. Jeff Landry and lawmakers overhauled the state's tax code, and Republican Sid Edwards was elected to be the next mayor-president of East Baton Rouge Parish, ending a 20-year streak for Democrats. Yesterday, we brought you Part 1 of Capitol Access reporter Brooke Thorington's “politics year in review” with LSU political science professor Robert Hogan. Today we hear the second part, and discuss what's on the horizon for future office seekers in Louisiana.Guaranteed income is the idea that to help some people in need, governments should give them cash, no strings attached. It's long been a pipe dream for many welfare reformers. And in recent years, that dream has been given test runs in cities across the U.S. and here in the South.The Gulf States Newsroom's Stephan Bisaha and WWNO's Aubri Juhasz have been covering the movement. They caught up to discuss how these recent pilots went.—Today's episode of Louisiana Considered was hosted by Adam Vos. Our managing producer is Alana Schrieber. We get production support from Garrett Pittman and our assistant producer Aubry Procell.You can listen to Louisiana Considered Monday through Friday at noon and 7 p.m. It's available on Spotify, the NPR App and wherever you get your podcasts.Louisiana Considered wants to hear from you! Please fill out our pitch line to let us know what kinds of story ideas you have for our show. And while you're at it, fill out our listener survey! We want to keep bringing you the kinds of conversations you'd like to listen to.Louisiana Considered is made possible with support from our listeners. Thank you!
In this weeks episode of Insurance Town I had the honor and privilege of interviewing my good friend and Brother from another mother Brian Thompson of Descartes Underwriters. We talk about all things Parametric Insurance. I have to admit I've been in this industry a long time and I've also had the privilege of interviewing a lot of insurance professionals, but I had not one clue about parametric insurance, Until now!!Brian is so good at breaking this down for me, and for you the audience, I am so thankful he stopped by and hung out with me for a little bit. We laughed and learned alot today! Sponsors:A big shoutout to our amazing sponsors for making this episode possible:Smart Choice: Your go-to partner for independent insurance agents.Canopy Connect: The easiest way to gather insurance data directly from clients.Olde School Marketing: Helping agencies stand out with custom branding and marketing solutions.
Listen in as insurance carrier veteran Jamie Luce, who recently founded a startup, says parametric products are an “untapped” pathway to unleash more value for customers, agents, insurers … Read More » The post Carrier Pro Turns Parametric appeared first on Insurance Journal TV.
Listen in as insurance carrier veteran Jamie Luce, who recently founded a startup, says parametric products are an “untapped” pathway to unleash more value for customers, agents, insurers … Read More » The post Carrier Pro Turns Parametric appeared first on Insurance Journal TV.
In episode 205 of The Big Cruise Podcast, we answer listener Scotty's question about Parametric rolling and share the latest cruise news from Celestyal, Virgin, Oceania, Ponant, Explora Journeys, Carnival, Costa & Princess LISTENER QUESTIONScott from NSW asks: Hi guys, it's Scotty from New South Wales again listener question Parametric Rolling: What it is and How to Avoid it on Very big cruise ships like Icon of the seas Keep up the good work guys. Look forward to hearing all about my questionsFor a more detailed answer on Parametric Rolling click the link below. https://www.tsb.gc.ca/eng/medias-media/fiches-facts/m21p0297/m21p0297-20240731.html CRUISE NEWS Celestyal commits to QatarVirgin Celebration Voyages are back for 2025Oceania unveils new 2026 Voyages PONANT opens Kimberley 2026 season with up to 30% early bird savings!Paddock Club access now available for all guests booking 2025 Monaco Grand PrixCarnival opens up more fun from coast to coast in 26/27Costa Cruises presents between the Earth & Sky of Africa. Sun Princess Debuts All-New Festive Holiday Experiences SUPPORT THE SHOWListen, Like, Subscribe & Review on your favourite podcast directory.Share the podcast with someone you think will enjoy the showBuy Me A Coffee – This podcast is only possible thanks to our supporters, simply buying a coffee keeps us on air. It is just like shouting your mate a coffee, and we consider our listeners close mates. https://bit.ly/2T2FYGX Sustainable Fashion – choose a TBCP design or design your own… all using organic cotton, green energy and zero plastic https://bit.ly/32G7Rdh Follow Chris and his latest videos on YouTube: https://www.youtube.com/c/ChrisFrameOfficial CRUISE MAPS: Capture your Cruise with Perfect Precision. Transform your memories into treasured keepsakes with a GPS-crafted map that tells your story exactly as it happened. Listeners can save 10% on all purchases from the Cruise Maps website. Cruise Maps: www.thecruisemaps.com/tbcpmaps Save 10% using this promo code: TBCPMAPS Hosted on Acast. See acast.com/privacy for more information.
Wesley is CEO and Co-Founder of Sola Insurance based in Atlanta, GA. Wesley comes from a tech background and jumped into the insurance industry at a flood insurance startup where he was tasked with working on the data side with private and FEMA flood maps. Realizing this data was telling us exactly where the damage is, Wesley became obsessed with how data can be used to automatically trigger an insurance claim payout. Sola is starting with supplemental tornado coverage for homeowners but plans to expand into every type of natural disaster to help people cover their deductible and immediate expenses. Sola has already been approved in 15 states as the first ever admitted personal lines parametric product, is fully reinsured through Lloyd's of London, and has partnered with hundreds of insurance agencies across the Midwest and Southeast. Highlights from the Show Wesley came on the show in Season 5 to share more of Sola's story, so be sure to listen to that for more background They recently launched a Wind & Hail product that like a hybrid Parametric/Indemnity proiduct in that it is data-triggered, but has validation of the loss through on-site inspection Their product speaks directly to an issue many insurers and homeowners are facing where providing traditional coverage is no longer financially viable yet homeowners are struggling to afford even high-deductible offerings that leave them excessively exposed – and mortgage lenders aren't comfortable with the coverage gap being created Sola's Wind & Hail product is cheaper than the money most homeowners would save by increasing their Wind & Hail deductible if they live in a hail-prone area, meaning they can get back to more complete coverage while saving money over what that coverage would have cost otherwise This episode is brought to you by The Future of Insurance thought leadership series, available globally from Amazon in print, Kindle and Audible audiobook. Follow the podcast at future-of-insurance.com/podcast for more details and other episodes. Music courtesy of Hyperbeat Music, available to stream or download on Spotify, Apple Music, and Amazon Music and more.
How can parametric insurance transform risk management in an unpredictable world? Munich Re, a leader in reinsurance, is paving the way for innovative parametric solutions addressing weather-related and natural catastrophe risks. Robin Merttens is joined by René Mück, Global Head of Parametric NatCat, and Marcel-Steffen Reif, Global Head of Weather Agricultural Risks, to explore how Munich Re's data-driven insurance products help corporates, public sector entities and industries navigate complex and evolving risks. A key focus of the conversation is understanding the growing demand for parametric insurance, its role in bridging protection gaps and how Munich Re is developing solutions for emerging risks like green energy and agriculture. Key talking points: What does the Capital Partners unit at Munich Re do? How parametric insurance addresses gaps in traditional coverage. Revenue smoothing for industries like renewable energy and agriculture. Client use cases – from supply chain disruptions to hurricane protection. Addressing basis risk in parametric insurance and how to manage it. Expanding applications for parametric solutions, including public sector resilience. Sensor technology and its potential to enhance parametric insurance accuracy. The importance of client education and engagement in driving adoption. If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning. Continuing Professional Development This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Define the concept of basis risk in parametric insurance and its implications for claims. Summarise the role of client education in fostering adoption of parametric insurance. List the key industries benefiting from parametric solutions, including energy, agriculture and construction. If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 328 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
On this episode of the Scouting For Growth podcast, Sabine VdL talks to Ola Jacob, Business Development Director for the UK & Ireland at Descartes Underwriting, a specialist Parametric Insurance MGA and Insurer. On today's episode, Ola will provide an educational deep dive into the world of parametric insurance. He'll explain what parametric insurance is, how it differs from traditional insurance, and why it is gaining traction as a data-driven solution to cover risks like natural catastrophes. Ola will share real-world examples of how parametric insurance has provided significant value to corporate clients and industries adopting this innovative approach as part of their risk management strategies. KEY TAKEAWAYS When I started in insurance I didn't know much about it, but when you strip it down to its bare bones it's the idea of making good on your promise. That was a big draw for me because it felt altruistic. When it's done right, and someone receives their cheque for the claim after it's all gone smoothly is the best feeling in the world. The stigma we get from the bad experiences is what damages the image of insurance. The best solutions are ones that people don't know about, and ones that don't get in the way and make things better. If you're going to create a solution that helps it should have another login or portal, something clunky that gets in people's way, it should be cool and slick like a Rolex. Innovation can't be done on your own, when I won the Insurance Times Technology Champion of the Year Award, it was a reflection of the whole industry and all the people I've met on my journey that have been open to change. I don't think we've done it yet, I think there's so much more change to be had and I'm excited to see how we can push further. The biggest problem in parametric insurance is the name, because it sounds so complicated. But it's actually the simplest form of insurance there is. The Mantra behind all parametric policies is: When a pre-agreed parameter is met then a pre-agreed pay out is made. This forms the backbone of all parametric contracts. That differs from indemnity because indemnity is a promise to put you back in the same condition you were in before the loss, parametric is pretty much black and white. BEST MOMENTS ‘If you add parametric to indemnity it could really be a game changer that could change the face of how we do insurance forever.' ‘I've always wanted to come in and do something to help change insurance for the better with technology.' ‘In parametric products, the parameters must be measurable and independent, something that's not controllable by somebody else, like weather.' ‘Clients recover, using parametric insurance, with 10X less limit than they'd previously because of the speed of payout. And they'd planned how they would use that payout because they already knew what they were going to get if this event happened.' ABOUT THE GUEST Ola Jacob is the Business Development Director for the UK & Ireland at Descartes Underwriting, a specialist Parametric Insurance MGA and Insurer covering Natural Catastrophe exposure globally. With over 12 years of experience in the London Market Insurance Sector, Ola has worked on UK Retail, Product Recall, Terrorism, Onshore Energy and Parametric insurance. Ola's background in Human-Computer Interaction and Psychology has fueled his passion for developing new approaches to risk transfer and managing risk for clients. As one of the pioneers of parametric insurance, Ola helped build a distribution strategy for one of the first successful parametric solutions in the London Market. In 2024, he was named Insurance Times Technology Champion of the Year for his innovative work. LinkedIn ABOUT THE HOST Sabine is a corporate strategist turned entrepreneur. She is the CEO and Managing Partner of Alchemy Crew a venture lab that accelerates the curation, validation, & commercialization of new tech business models. Sabine is renowned within the insurance sector for building some of the most renowned tech startup accelerators around the world working with over 30 corporate insurers, accelerated over 100 startup ventures. Sabine is the co-editor of the bestseller The INSURTECH Book, a top 50 Women in Tech, a FinTech and InsurTech Influencer, an investor & multi-award winner. Twitter LinkedIn Instagram Facebook TikTok Email Website
Guest Nolan Lawson Panelist Richard Littauer | Eric Berry | Justin Dorfman Show Notes In this episode of Sustain, Richard, Justin, and Eric revisit an unreleased interview with Nolan Lawson from 2020. They discuss Nolan's experience as a former maintainer of PouchDB, the emotional labor of being an open source maintainer, and the challenges that led him to step away from such high-profile projects. Nolan also shares his thoughts on the impact of reputation-driven development, open source community dynamics, and his journey towards a healthier relationship with open source. The conversation delves into the candid realities of burnout and the personal sacrifices often made by unpaid open source contributors. Nolan highlights his transition to more sustainable open source practices and his new interests including his work on a Mastodon client called Pinafore. Download now to hear more! [00:01:43] Nolan explains his background with PouchDB and shares his fascination with databases and browser technologies. [00:02:58] Richard shares his personal connection to PouchDB, mentioning how he discovered Nolan through his work on the project. [00:03:26] Nolan talks about his blog post form 2017 titled, “What it feels like to be an open source maintainer,” which reflected on the emotional toll and burnout he experienced for maintaining PouchDB. [00:05:33] Justin reflects on the impact of Nolan's blog post, describing it as a “shot heard around the world” in the open source community. [00:06:48] Eric asks why Nolan and other maintainers stay involved in open source despite the challenges. Nolan explains that reputational benefits and personal interest in the technology were initial motivators for staying involved. [00:10:27] Eric asks Nolan how he realized it was time to step away from maintaining PouchDB. Nolan shares that personal life changes helped him reassess his involvement in open source and reflects on advice he received from other maintainers. [00:14:36] Richard emphasizes the personal and emotional investment many maintainers have in their projects and Nolan acknowledges the privilege of being able to work on open source, but also the challenges it poses for maintainers who feel they cannot leave. [00:21:13] Nolan shares stepping away from PouchDB has improved his mental health and personal relationships and he maintains smaller open source projects. [00:24:00] Nolan explains the importance of being personally invested in a project and realizing when it's time to move on and Justin reflects on his own experience of stepping away from maintaining a project after years of involvement. [00:26:00] Eric asks if funding could have made a difference for Nolan's involvement in open source, and Nolan shares that he avoided funding, preferring to keep his work as a “labor of love.” [00:26:52] What is Nolan currently doing? He talks about maintaining a Mastodon client and focusing on personal projects that bring him joy. [00:30:00] Richard discusses the importance of balancing open source work with personal life and the need for a sustainable approach to maintaining projects. [00:30:46] Eric highlights the vulnerability and self-awareness Nolan has shown in discussing his open source journey, thanking him for sharing his experiences. [00:33:13] Find out where you can follow Nolan on the internet. Spotlight [00:33:41] Justin's spotlight is Metabase. [00:34:16] Eric's spotlight is Parametric. [00:35:08] Richard's spotlight is IPFS. [00:35:22] Nolan's spotlight is fake-indexeddb. Links SustainOSS (https://sustainoss.org/) podcast@sustainoss.org (mailto:podcast@sustainoss.org) richard@sustainoss.org (mailto:richard@sustainoss.org) SustainOSS Discourse (https://discourse.sustainoss.org/) SustainOSS Mastodon (https://mastodon.social/tags/sustainoss) Open Collective-SustainOSS (Contribute) (https://opencollective.com/sustainoss) Richard Littauer Socials (https://www.burntfen.com/2023-05-30/socials) Justin Dorfman X (https://twitter.com/jdorfman?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor) Eric Berry X (https://x.com/coderberry?lang=en) Nolan Lawson Blog (https://nolanlawson.com/) Nolan Lawson Mastodon (https://toot.cafe/@nolan) “What it feels like to be an open source maintainer” (Blog post by Nolan) (https://nolanlawson.com/2017/03/05/what-it-feels-like-to-be-an-open-source-maintainer/) PouchDB (https://pouchdb.com/) Pinafore (https://pinafore.social/) Salesforce (https://www.salesforce.com/) Working in Public: The Making and Maintenance of Open Source Software by Nadia Eghbal (https://press.stripe.com/working-in-public) Metabase (https://www.metabase.com/) Parametric (https://github.com/ismasan/parametric) IPFS (https://www.ipfs.com/) fake-indexeddb (GitHub) (https://github.com/dumbmatter/fakeIndexedDB) Credits Produced by Richard Littauer (https://www.burntfen.com/) Edited by Paul M. Bahr at Peachtree Sound (https://www.peachtreesound.com/) Show notes by DeAnn Bahr Peachtree Sound (https://www.peachtreesound.com/) Special Guest: Nolan Lawson.
According to Yann Barbarroux, Co-founder and CEO of Otonomi, “every year is like starting a new company”. It has been a year since we last caught up with Otonomi, and Matthew reconnects with Yann to discuss how parametric insurance helps mitigate supply chain risks, particularly in situations where traditional insurance falls short. Key topics include: Addressing pain points in maritime freight and global trade Developing and refining parametric insurance products Real-world case studies demonstrating Otonomi's solutions Strategies for managing accumulation risk Yann's expertise in risk management and its influence on Otonomi's approach Expansion of the air cargo market and new maritime product offerings Growing awareness and adoption of parametric insurance Leveraging AI to scale and enhance business operations Otonomi's global expansion plans and future funding strategies If you are interested to learn more about parametric insurance and non-damage business interruption, read our report here. If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning. Continuing Professional Development This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Explain how AI and developing new tools can help automate tasks within a business. Define parametric insurance and its impact in the perishable goods market. Identify the common issues in the cargo insurance space and how parametric insurance can solve them. If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 320 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
Join us at PA Talks 68 for an exclusive office tour and interview with Arthur Mamou-Mani, an acclaimed architect renowned for his innovative use of 3D printing and eco-friendly materials. Based in London, Mamou-Mani leads a pioneering architectural practice that combines cutting-edge digital fabrication with sustainable design principles. From creating mesmerizing pavilions like the Galaxia Temple at Burning Man to developing modular structures, Mamou-Mani is at the forefront of a new era in architecture—one where creativity meets environmental consciousness. In this video, we explore his studio's unique approach to design and fabrication, revealing how they push the boundaries of what's possible in sustainable architecture. Check out our weekly courses at the PAACADEMY about AI, computational and parametric design, 3D-Printing, and Metaverse: https://paacademy.com/courses/ View more news and like this video at: https://parametric-architecture.com Follow us on Instagram: / parametric.architecture Follow us on LinkedIn: / parametric.architecture Follow us on Facebook: / parametric.archi Follow us on Pinterest: / parametricarchitecture Follow us on X: https://x.com/parametricarch/ Listen to the world's best architecture podcast by PA: Youtube: • PA Talks Apple: https://podcasts.apple.com/tr/podcast... Spotify: https://open.spotify.com/show/4P442GM... © 2024 Parametric Architecture, LLC
I'm joined my Insurance and Underwriting veteran and thought leader, Nick Lamparelli, for this episode as we discuss the ideas in the new white paper I'm publishing, "The Economic Viability of Insurance," available starting today for free at http://www.future-of-insurance.com/profit. Highlights from the Show The approaches we have been using to stresses on underwriting profit historically have been cutting costs (focusing on expenses), taking rate, pulling out of markets or segments These approaches proved insufficient to deal with the scale of macro-level pressures insurers faced in 2023, and I would argue will continue to face going forward, like Severe Convective Storms (SCS, or, mainly, hail) and other Natural Catastrophes driven by Climate Change Social Inflation Supply Chain and Labor Constraints Inflation and more We should be looking at new approaches, including How we think about and respond to risk – tools we use to understand risk, select it intelligently to compete on, and harden it when we do choose to offer coverage Move to next-generation approaches to rating that are more dynamic, allowing us to stay ahead of the need for rate change rather than respond far too late and insufficiently Rethinking the products we offer to cover what have been come extremely different exposures from the ones our current products were designed for These solution can take the form of insurtech software or services; E&S/non-admitted product development; Parametric solutions to coverages no longer viable as indemnity products; and so much more Now is the time to really engage in the idea of doing things differently as we are seeing increasing difficulty in aligning prices that are affordable to buy coverage at with prices that are economically viable to sell it at, meaning the market may begin to fail to clear If that happens, other capital can come in and solve for the need for coverage, increasing the pressure insurers have seen on the decreasing percent of risks that are insured against (measured by NatCat losses that are insured vs. not), as one method) Download the paper today, and share it with your network to get more people talking about how we can push our industry ahead. This episode is brought to you by The Future of Insurance thought leadership series, available globally from Amazon in print, Kindle and Audible audiobook. Follow the podcast at future-of-insurance.com/podcast for more details and other episodes. Music courtesy of Hyperbeat Music, available to stream or download on Spotify, Apple Music, and Amazon Music and more.
Please tune in to this episode of The Building BITE Podcast, as we hear from industry experts about key topics to help you be successful. The Building BITE hosts Chris Epps, LEED AP, and Mike Diercksen, CRIS, welcome back Patrick McBride, Head of Construction Property at Zurich North America. We begin the episode by revisiting our previous discussion with Patrick about Zurich and their evolving Parametric Offering. Patrick takes us through various examples of how the policy has grown, and ways in which he believes it will best impact the market at large. Through this conversation Patrick is able to help our audience better understand the various benefits offered through a Parametric Policy ultimately delivering our audience three key takeaways. 1. Less Talk, More Walk: It is time to lean in and take a deep dive on how Parametric Insurance can elevate your risk management strategy. By taking the time to work with your broker and seek out the quotation process, our industry will begin to elevate their understanding of the product and potentially find new and unique solutions to their risk profiles. 2. Stay Ahead Of Contract Requirements: While it is not yet standard, we are seeing a change in how contracts are being written when it comes to weather delays. Parametric Policies offer a unique solution, both for the contracts of today, and can be custom designed to help accommodate the contracts of tomorrow. 3. Policy Is Still Evolving: While many aspects of the Parametric Policy are still new to the industry, it is certainly not done growing yet. There is an active effort to expand coverage accounting for “Human Elements” such as air quality and extreme heat which is an area of growing need. Accounting for these new types of perils will allow for better alignment with site health and safety, aim to provide indemnity for project costs, and create alignment with other lines of insurance such as Workers Compensation. To learn more about how you can better prepare your firm for the opportunities ahead, listen to our full podcast episode with Patrick on “Demystifying Parametric Insurance.” Please like, share, and subscribe to this podcast!
Montauk Climate is a venture studio that launches and grows startups in the mobility, adaptation, energy, decarbonization, and sustainability sectors. Evan is a serial founder, power trader, board member, and investor with 20 years in the energy sector, including roles as Head of Venture Investing at Riverstone, a $40B energy investment and infrastructure firm. In this episode, you'll learn these four important takeaways and much more. How a venture studio works How he incentivizes experienced corporate executives to help build and lead the startups they launch Why compute is the current of the future, and how AI could be using 10% of global power in the years to come Why adaptive insurance using IFTT parametric functions is needed in a future disrupted by climate change
In the first iteration of our upcoming parametric series with Raincoat, Matthew sat down with Jonathan Gonzalez to delve into how parametric insurance can be integrated with traditional indemnity insurance, the technical and regulatory challenges, and the importance of creating products that customers perceive as fair. Watch this space for some very exciting episodes coming up. Key talking points: Importance of iteration and scaling Parametric should be looked at as a tool The connection to smart contracts and parametric What is ‘truth' in insurance? What is ‘fair' in insurance? The key to successful integration How much human intervention goes into running the model Evolving role of brokers The openness of the insurance industry to new solutions If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn. To find out more about InsTech, our membership and offerings visit www.instech.co or contact us hello@instech.co Continuing Professional Development This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme. By the end of this podcast, you should be able to meet the following Learning Objectives: Describe the connection between smart contracts and parametric and why this is important Explain the difference between ‘truth' and ‘fair' in insurance Identify how the role of the broker can evolve when it comes to parametric insurance and its integration If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 305 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast. To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.
In this podcast episode, Dr. Marcus Schmalbach, a specialist in parametric risk trading and CEO of RYSKEX, joins Joel Appelbaum of IRMI and Captive.com to explore the evolving landscape of the captive insurance industry, parametric risk trading, and the emergence of parametric 144A catastrophe (cat) bonds. Dr. Schmalbach sheds light on recent market innovations and their implications for the insurance and capital markets, including the key features and achievements of the Beazley and Lloyd's London Bridge 2 deal as well as the significance of Swiss Re's industry-loss-triggered cyber-catastrophe bond.
Higher-for-longer rates, along with elevated municipal-bond issuance, may signal that attractive entry points for muni investors are here for a bit longer. Though reinvestment season is typically a slower time for new issuance, this is an election year, which may mean issuers will want to avoid the uncertainties that come with every election season. Fund flows and rich ratios are concerns, but the asset class's ability to provide low-risk, tax-exempt income remains a key feature, especially if inflation pressures increase. Joining hosts Eric Kazatsky and Karen Altamirano on the May edition of Masters of the Muniverse is Nisha Patel from Parametric. In this month's episode, we discuss the market outlook for the second half of the year and how technology overlays are driving Parametric's strategies to help maximize returns.
I love how easy it is to predict things about you based on what you like or dislike.Did you know, for example, that if you buy fresh fennel, you are likely to be a low insurance risk? If you like traditional architecture and old buildings, you are more likely to have a conservative, right-of-centre worldview. Whereas if you like modern architecture, you will lean to the left.For what it's worth, there are plenty of 20th-century buildings that I find beautiful. I like Art Deco; I like Bauhaus stuff; I think a lot of modern US residential architecture is great. But I think a lot of more recent Deconstructivist and Parametric stuff has disappeared up its state-funded backside and has no chance of standing the test of time. Post-war social housing the world over is verging on the sinful, it is so ugly, not a patch on the almshouses built a century before for the same purpose, when mankind was far less “advanced”. Meanwhile, the glass-fronted apartment and office blocks that blight cities worldwide may be nice to look out from, but to look at they are horrible.When I look at, for example, what has been built in Lewisham, Elephant and Castle or along the banks of the Thames, you have to wonder what on earth people were thinking. What a wasted opportunity to build something with beauty that endures.I was looking out on the Thames from Canary Wharf the other day. Here is what we built.Here is what was possible.In any case, it is inevitable that most modern architecture will not be beautiful. Inevitable! It is built into the system. Let me explain why.Yes, there is regulation. When final say falls to the regulator, not the creator, and he/she never thinks in terms of beauty, only rules and career risk, and construction is always planned with his or her approval in mind, you immediately clip your wings and more. Imagine Michelangelo, Rembrandt, or Beethoven requiring regulatory approval for their work. Under this banner falls health and safety, bureaucracy, the technocratic mentality, planning, standardisation of materials and their mass production, and more.But there is something even more fundamental, which makes lack of beauty inevitable. That is the system of measurement itself. In the past, before mass-produced tape measures were a thing, we made do with the most immediate tools we had to measure things: the human body. Traditional weights and measures were all based around the human body. A foot is, well, a foot. A hand is a hand. A span is a hand stretched out. An inch is a thumb. There are four thumbs to a hand, six to a span, 12 to a foot, 18 to a cubit, which is the distance from elbow to fingertip. A yard is a pace, which happens to be three feet as well. A fathom is the arms stretched out - two yards, or six feet. It goes on: a pound is roughly what you can hold comfortably in your hand. A furlong is the distance a man of average fitness can sprint for. A stone is what you can carry without strain. A US pint is a pound of water, enough to quench a thirst, and so on. Man is indeed the measure of all things, to paraphrase Protagoras. Spread the truth about weights and measures.Da Vinci noticed it. “Nature has thus arranged the measurements of a man: four fingers make one palm. And four palms make one foot; six palms make one cubit; four cubits make once a man's height," he says in his notes for Vitruvian Man.It turns out the feet are very similar the world over and have been throughout history. The foot, for example, was the principal unit in the design of Stonehenge. Here are some different feet from around the world and from throughout history:The cubit was the principal unit of the Pyramids. The pound is the oldest measure of all and goes all the way back to the Babylonian mina.Here's the thing: proportion is inherent to traditional weights and measures because they derive from the human body, which is proportionate. We are biologically programmed to find the proportions of the human body attractive. The religious will argue that God made man in his own image. Traditional weights and measures derive, therefore, from God, or his image at least, and so are divine.The metric system, on the other hand, is not based on the human body, but on the earth itself. A metre is supposed to be one 10 millionth of the distance from the North Pole to the Equator (though one of French scientists measuring the distance forged the data, so the measure is flawed). The idea of a system based on the earth itself rather than the human body was to achieve a “universal measure based on the perfection of nature” and “a system for all people for all time” to use the words of those who commissioned the measure in the years after the French Revolution. Metric may have a brilliantly simple and comprehensible design, based around the number 10, but unlike traditional weights and measures, proportion is not intrinsic to it. For the purposes of science and for safety, as I argue in my lecture with funny bits, How Heavy?, a universal system of weights and measures is a very important thing. Thanks to the simplicity of decimals (again which derive from the human body and the ten fingers we use to count), metric can scale up or down for use in nanotech or in macrotech .As proportion is inherent to traditional weights and measures, buildings based on them will inevitably have inherent proportion and thus all the beauty which comes with proportion. But most of the world now uses metric in its building, which has no inherent proportion, so it becomes inevitable that modern buildings will not have the proportion inherent to older buildings, unless, the architects deliberately plan otherwise, which most of the time they don't. Thus is modern architecture inevitably not beautiful.It's why even functional old buildings, such as barns or warehouses, have a beauty to them. The proportion is inherent in the foundational weights and measures. It is missing in modern buildings.In the past, weights and measures changed, even if only slightly, from region to region. The result was regional diversity in buildings. Using local materials will have added to this regional individuality. But the world over now using the same system of weights and measures, following similar regulations, using similar mass produced materials, means modern architecture will lack beauty the world over. Bland conformity reigns. Even something as foundational as an old brick is proportionate. A brick is a hand in width. For obvious reasons: so a brickie could handle it.In short, unless an architect or builder takes deliberate steps to remedy this problem of proportion, modern buildings will only ever be beautiful by accident. Here's a little irony: if you like traditional weights and measures, you're more likely to be right of centre, favour free markets, individual responsibility - all that kind of stuff. Favour metric, and you're one of those evil left-wing technocrats who champions government intervention, experts and the BBC.Now go tell your friends about this amazing post.Until next time,DominicPS Here is my lecture with funny bits about weights and measures from the Edinburgh Festival in 2022. I think it's probably the best of all my lectures so far.PPS And here is an 5-minute extract from Italian TV series Sense of Beauty, which I presented a few years back, about beauty and architecture. 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Based in Little Rock, Arkansas, Brian Thompson is a seasoned insurance professional with over 15 years in the industry across various roles including Reinsurance and agency ownership. Currently serving as the Business Development Manager for North America at Descartes Underwriting, he is instrumental in expanding the company's presence in the US market through a client-centric focus on solving challenging placement problems with innovative solutions.
Today, you'll learn about how your ears are eavesdropping on your eyes, a bold new study on the anti-inflammatory effects of psychedelics, and an astonishing new discovery linking hoarding disorder with ADHD. Ears & Eyes “Your Eyes Talk to Your Ears. Scientists Know What They're Saying.” by Dan Vahaba. 2023. “Research Discovery: Astonishing Connection Between Vision and Hearing.” by Doug Garfield. 2023. “Parametric information about eye movements is sent to the ears.” by Stephanie N. Lovich, et al. 2023. Psilocybin & Depression “Psilocybin induces acute and persisting alterations in immune status in healthy volunteers: An experimental, placebo-controlled study.” by N.L. Mason, et al. 2023. “Study suggests single dose of psilocybin safe and effective as treatment for major depressive disorder.” by Justin Jackson. 2023. “Increased global integration in the brain after psilocybin therapy for depression.” by Richard E. Daws, et al. 2022. ADHD & Hoarding “Strong connection found between ADHD and hoarding disorder.” by Eric W. Dolan. 2023. “Hoarding disorder.” by Mayo Clinic Staff. 2023. “Who really hoards? Hoarding symptoms in adults with attention-deficit hyperactivity disorder (ADHD), obsessive-compulsive disorder (OCD) and healthy controls.” by Giacomo Grassi, et al. 2023. Follow Curiosity Daily on your favorite podcast app to get smarter with Calli and Nate — for free! Still curious? Get exclusive science shows, nature documentaries, and more real-life entertainment on discovery+! Go to https://discoveryplus.com/curiosity to start your 7-day free trial. discovery+ is currently only available for US subscribers. Hosted on Acast. See acast.com/privacy for more information.
Wesley is CEO and Co-Founder of Sola Insurance based in Atlanta, GA. Wesley comes from a tech background and jumped into the insurance industry at a flood insurance startup where he was tasked with working on the data side with private and FEMA flood maps. Realizing this data was telling us exactly where the damage is, Wesley became obsessed with how data can be used to automatically trigger an insurance claim payout. Sola is starting with supplemental tornado coverage for homeowners but plans to expand into every type of natural disaster to help people cover their deductible and immediate expenses. Sola has already been approved in 15 states as the first ever admitted personal lines parametric product, is fully reinsured through Lloyd's of London, and has partnered with hundreds of insurance agencies across the Midwest and Southeast. Highlights from the Show Sola Insurance is a new class of financial insurance products that helps homeowners cover their deductible and immediate expenses after natural disaster events Sola is developing new products that pay period faster and more transparently so they can get back on their feet Right after a disaster, there's an immediate need for assistance while you wait for a traditional claim to get handled (even if it's handled quickly) Deductibles have increased across many lines of insurance, with homeowners choosing $2,500 deductibles twice as frequently just over four years ago, which is more than most Americans have saved for emergencies Many homeowners policies or coverages within them have significantly higher deductibles, like for wind or quake The pressure to increase deductibles is only getting worse, as discussed in this WSJ article we mentioned The cost of capital and providing insurance for carriers is going up, with 30% increases in reinsurance The initial product is a Tornado parametric coverage, which is the first time a startup has launched an admitted parametric product They have capacity from Beazley and fronting from Spinnaker They've just had their first two claims after the Hendersonville tornado outside of Nashville, Tennessee, and paid both within 60 hours of the tornado touching down They see this as complementary to existing coverage, and have seen a lot of interest and support from independent agents who are looking for ways to create coverage to fill in for increasing deductibles to keep insurance affordable With the original HO policy developed in the 1950s, Sola is trying to create solutions for what risk looks like today Their next priority is Wind & Hail, which is segmented out on traditional HO policies and is a frequent cause of loss Wesley started Sola in the Global Insurance Accelerator in 2021 and is young, along with his co-founders, and they haven't let that stop them or slow them down in an industry where tenure and tradition continue to carry weight Wesley credits a two things with their success despite their age: An innate sense of curiosity, which helped him to really get into the issues at hand and stay open to learning People can't deny the work that you've done, so the team has ensured they keep delivering and proving themselves, balancing the need to spend time building relationships with delivering tangible milestones and results This episode is brought to you by The Future of Insurance book series (future-of-insurance.com) from Bryan Falchuk. Follow the podcast at future-of-insurance.com/podcast for more details and other episodes. Music courtesy of Hyperbeat Music, available to stream or download on Spotify, Apple Music, and Amazon Music and more.
Tim Platenkamp fuses the socialist calculation debate with republican thought. Future Histories International Find all English episodes of Future Histories here: https://futurehistories-international.com/ and subscribe to the Future Histories International RSS-Feed Shownotes Tim Platenkamp Tim Platenkamp (Website): https://timplatenkamp.nl/ Platenkamp, Tim. The Constitution of Socialism. Forthcoming: https://timplatenkamp.nl/research-projects/ Platenkamp, Tim. The Socialist Community of citizens: An Institutional Design of Republican Socialism. Nieuwegein 2020. (Master Thesis pdf): https://scripties.uba.uva.nl/download?fid=c2736566 Further Shownotes Reddebrek. Socialism, Cooperative and Republican: Bernard Moss. 2016. libcom.org: https://libcom.org/article/socialism-cooperative-and-republican-bernard-moss Market Socialism (Wikipedia): https://en.wikipedia.org/wiki/Market_socialism Nove, Alec. The Economics of Feasible Socialism Revisited. 1991. HarperCollinsAcademic. (pdf): http://digamo.free.fr/nove91.pdf Soviet economic planning (Wikipedia): https://en.wikipedia.org/wiki/Soviet-type_economic_planning#Analysis_of_Soviet-type_planning Calculation in-natura (Wikipedia): https://en.wikipedia.org/wiki/Calculation_in_kind Khozraschet (Wikipedia): https://en.wikipedia.org/wiki/Khozraschet Socialist Federal Republic of Yugoslavia (Wikipedia): https://en.wikipedia.org/wiki/Socialist_Federal_Republic_of_Yugoslavia Types of socialism (Wikipedia): https://en.wikipedia.org/wiki/Types_of_socialism Commoning (wikipedia): https://en.wikipedia.org/wiki/Commons Spanish Civil War (Wikipedia): https://en.wikipedia.org/wiki/Spanish_Civil_War Popular Front (Wikipedia): https://en.wikipedia.org/wiki/Popular_Front_(Spain) Geoff Bailey. Anarchists in the Spanish Civil War. International Socialist Review, Issue 24. 2002. (pdf): https://theanarchistlibrary.org/library/geoff-bailey-anarchists-in-the-spanish-civil-war.pdf Estrin, Saul. Yugoslavia: The Case of Self-Managing Market Socialism. Journal of Economic Perspectives, Volume 5, Number 4. 1991. (pdf):
Artemis Live - Insurance-linked securities (ILS), catastrophe bonds (cat bonds), reinsurance
This was the sixth session of the day at our Artemis London 2023 insurance-linked securities (ILS) market conference, held on September 5th in London, UK. Around 240 attendees enjoyed a busy day of thoughtful catastrophe bond and insurance-linked securities (ILS) focused discussion from industry experts, as well as valuable networking opportunities. This session features an expert panel discussing parametric triggers in insurance-linked securities (ILS) and the future potential for parametric triggers in developing capital market backed responses to growing climate risk exposures. The panel discussion was moderated by: Rowan Douglas, CEO Climate Risk and Resilience, Howden Group. He was joined on stage by: Stephen Lathrope, Global Head of Insurance, ICEYE; Michael Bennett, Head of Derivatives & Structured Finance, the World Bank Treasury; and Edern Le Roux, Head of ILS and Cat Modeling, Descartes Underwriting. The panellists discussed how parametric triggers have helped insurance and catastrophe bond protection expand to some underserved areas. We heard of the need for greater collaboration between private and public entities, as well as the growing demand for disaster insurance protection for governments and their entities. The panellists also discussed the important role of technology in the creation of parametric triggers and how this can help drive innovation and triggers that are increasingly closely calibrated to the underlying risks that insurance and reinsurance products are protecting against. Listen to the full podcast episode to learn more about the future of parametric triggers in the insurance-linked securities (ILS) market.
Get ready for 2024 and a brand new episode! We discuss non-parametric statistics in data analysis and AI modeling. Learn more about applications in user research methods, as well as the importance of key assumptions in statistics and data modeling that must not be overlooked, After you listen to the episode, be sure to check out the supplement material in Exploring non-parametric statistics.Welcome to 2024 (0:03)AI, privacy, and marketing in the tech industryOpenAI's GPT store launch. (The Verge)Google's changes to third-party cookies. (Gizmodo)Non-parametric statistics and its applications (6:49)A solution for modeling in environments where data knowledge is limited.Contrast non-parametric statistics with parametric statistics, plus their respective strengths and weaknesses.Assumptions in statistics and data modeling (9:48)The importance of understanding statistics in data science, particularly in modeling and machine learning. (Probability distributions, Wikipedia)Discussion about a common assumption of representing data with a normal distribution; oversimplifies complex real-world phenomena.The importance of understanding data assumptions when using statistical modelsStatistical distributions and their importance in data analysis (15:08)Discuss the importance of subject matter experts in evaluating data distributions, as assumptions about data shape can lead to missed power and incorrect modeling. Examples of different distributions used in various situations, such as Poisson for wait times and counts, and discrete distributions like uniform and Gaussian normal for continuous events.Consider the complexity of selecting the appropriate distribution for statistical analysis; understand the specific distribution and its properties.Non-parametric statistics and its applications in data analysis (19:31)Non-parametric statistics are more robust to outliers and can generalize across different datasets without requiring domain expertise or data massaging.Methods rely on rank ordering and have less statistical power compared to parametric methods, but are more flexible and can handle complex data sets better.Discussion about the usefulness and limitations, which require more data to detect meaningful changes compared to parametric tests.Non-parametric tests for comparing data sets (24:15)Non-parametric tests, including the K-S test and chi-square test, which can compare two sets of data without assuming a specific distribution.Can also be used for machine learning, classification, and regression tasks, even when the underlying datWhat did you think? Let us know.Do you have a question or a discussion topic for the AI Fundamentalists? Connect with them to comment on your favorite topics: LinkedIn - Episode summaries, shares of cited articles, and more. YouTube - Was it something that we said? Good. Share your favorite quotes. Visit our page - see past episodes and submit your feedback! It continues to inspire future episodes.
Jean-Christophe Garaix, Head of Agriculture & Parametric Insurance for Liberty Mutual Reinsurance, and Andy Thompson, Co-Founder & CEO of Safehub, join the show to discuss their collaboration on addressing earthquake exposure. Using Safehub's IoT sensors, they've been able to design a parametric insurance product that's live in Mexico City – one of the most quake-prone areas in the world – that brings building-specific shake accuracy to the adjusting of claims. This allows for an affordable coverage that can be provided quickly while solving for the basis risk inherent in previous earthquake data like shake maps. Together, they're working to create great resiliency through the network effect of improved and more point-specific data coming together to paint accurate pictures of risk and how it plays out. Highlights from the Show Jean-Christophe (JC) Garaix oversees the parametric business for Liberty Mutual Reinsurance, looking for external / third party index for the basis to adjust a risk Andy Thompson, co-founder of Safehub, is a structural earthquake engineer by background who became acutely aware of the lack of individual-building performance during earthquakes and other shaking events, and sought to create a sensor-based solution that's easy to deploy to solve this Existing tools are about regional effects, which are helpful for municipalities or disaster response efforts, but not useful for a specific building, where the impact of one building could be completely different to that of a neighboring building Smarthub has been working with many building owners for years to help with business continuity, maintenance and general management of their properties, but thought this could increase resilience by solving the basis risk issue JC talked about by partnering with an insurer The size, simplicity and stand-alone nature of Safehub's solution allowed Liberty Mutual to extend a coverage like this to smaller insureds in addition to their large property clients For parametric coverage to succeed, JC jokes that you need education, education and education Liberty is looking at similar solutions for other types of events, like cyclones where there is broad-brush data, but they need to measure the wind speed at a specific location to offer coverage for an individual property Today, the issue is less about data availability (which was the issue a decade ago), and more one of product design A barrier to adoption of the kinds of sensors that allow for solutions like this has been the complexity of installation, making the commercial market more attractive for such products Bringing asset-specific data in a bigger network allows for more resiliency and protection by enabling parametric and other innovative products that can close protection gaps, offer cover options This episode is brought to you by The Future of Insurance book series (future-of-insurance.com) from Bryan Falchuk. Follow the podcast at future-of-insurance.com/podcast for more details and other episodes. Music courtesy of Hyperbeat Music, available to stream or download on Spotify, Apple Music, and Amazon Music and more.
On this episode, I was joined by Jeanne Moldenhauer, Vice President at Excellent Pharma Consulting. Jeanne and I discuss: -Steam Sterilization - Moist and Dry Heat -Biological/Chemical Indicators, Placement and Resistance -Cycle Development and Validation -Overkill Cycles vs Product Specific Cycles -Parametric Release of Steam Sterilized Products Jeanne Moldenhauer is subject matter expert on a variety of sterilization and validation processes in the healthcare industry. Jeanne has been very involved in the remediation of contamination issues including: sterility test failures, media fill failures, mold contamination, and Burkholderia cepacia. She also has extensive background in the rehabilitation of companies with negative FDA findings, restoring them to compliance. She has served on the Scientific Advisory Board, Program Advisory Board and Technical Book Advisory Board and was an Interest Group Leader for the Parenteral Drug Association (PDA) (1998-2016). Jeanne has also served on advisory committees for emerging technologies (rapid methods), aseptic processing and sterilization for FDA.