Dr Avi Baruch, Previsico & Allison Whittington, Zurich Municipal & Mark Murphy, Donaldson Timber: Managing your flood risk - stories from the frontline (295)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.8 • 50 Ratings

🗓️ 24 March 2024

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

How would your clients describe you? This week on the podcast we have taken a slightly different approach and brought Previsico’s clients, Zurich Muncipal and Donaldson Timber, to discuss how Previsico has helped them with flood risk management. Previsico provides real-time flood forecasts, as part of its mission to reduce global flooding impact, by developing technologies that offer early warning systems for surface water flooding. Discover the importance of collaboration by hearing from Dr Avi Baruch and his work with Allison Whittington at Zurich Municipal and Mark Murphy at Donaldson Timber. Key talking points: The start of Previsico: a PhD research project Client Insights: Zurich Municipal's approach to flood resilience Exploring the impact of floods and the importance of early warning systems The role of insurance in flood risk management and resilience building Operational challenges and solutions in flood risk management Exploring the complexities of Sustainability and ESG Commitments The role of insurance in supporting sustainability Client Insights: Donaldson Timber's proactive flood risk management If you like what you're hearing, please leave us a review on whichever platform you use or contact Dr Avi Baruch or Matthew Grant on LinkedIn. To find out more about InsTech, our membership and offerings visit www.instech.co or contact us [email protected] 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 why developing warning systems for surface water flooding is important in the insurance industry Define why collaboration is important across the insurance industry Summarise how partnerships with insurers can help with the operational advantages of adopting new technologies 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 295 page of the InsTech website or email [email protected] 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.

Transcript

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0:00.0	Avi, it's great to see you.
0:03.0	A bit of disclosure before we go too far on this, which is one of the reasons I know you is
0:08.0	I've got the pleasure of being one of your non-executive board directors for Provisico and also
0:13.0	delighted to have you working with us in STEC.
0:15.0	Good morning, good evening, wherever you are in the world.
0:27.4	And as you can tell, I am back, back from New York.
0:30.4	Robin and I are over there.
0:31.9	Tremendous event.
0:32.6	It's just so great to see so many insurance underwriters and others turn up for these events and a great thanks to
0:39.2	Google for hosting it in their offices Saitora hyper exponential guidewire and crawl for their support
0:45.6	we are definitely being back so look out for us in June but another really interesting discussion
0:50.5	with Visica about flood as I mentioned that you know the company quite well,
0:54.4	but nonetheless, some really interesting things going on there. And it's great to have Zurich and
0:59.7	Dahlston Timber talking about what they're doing gives a really fresh perspective to it. Well,
1:04.2	time to be to get the way and get back to Avi and introduce you to Alison and Mark.
1:21.1	So we know each other quite well.
1:26.8	And I also know that you are always out and about seeing clients at events or see your colleagues.
1:27.2	So which of those variants are you at events or seeing your colleagues. So which of those
1:27.9	variants are you at today? Internally at headquarters is in Loughborough. Brilliant. Bill,
1:34.0	I've mentioned Lloyd's Lab because, of course, you went through the Lloyd's Lab. Good. Well, let's
1:37.4	just talk a little bit about Provisico and then I're going to listen to some fascinating
1:41.6	clients you've got. So I know you very well, but for those who don't know you,
	...

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