Hello, welcome or welcome back to the INSTECH podcast.

Zoya here and this week we're sharing a panel discussion moderated by Claire Sauch,

who will also be moderating our upcoming Europe Exposed webinar

later next year in January. So this conversation brings together speakers from maximum information

Verisk and Westfield specialty to tackle a question that's becoming impossible to ignore

in catastrophe modelling. How do you properly evaluate the risk models in the world of rising

complexity, tied to resources and growing scrutiny? The panel digs into transparency, standards,

and the practical realities of model evaluation, especially for smaller, leaner teams. They explore why

access to data and alternative models is still such a barrier, how new tools

are starting to change that, and what openness really means when insurers are making real capital

decisions.

This discussion sets the scene perfectly for our Europe-exposed modelling markets and the next

generation of cat-risk webinar on January 22nd, where Claire will be again moderating a deep dive into how insurers,

modelers and policymakers can navigate an increasingly volatile European risk landscape.

Now let's dive into the conversation.

Did it over the last decade or so, there has been this emergence of a number of new, smaller, but very specialist modeling companies, and there's numerous of them around today.

And I think that's what we're going to dive into more now around accessing the models, validating those models, and deciding which model is most appropriate for your portfolio.

And there's some really exciting breakthroughs that have been happening quite recently over the last 12 or so months

that are going to help with this very traditional problem,

particularly for smaller teams,

cat modelling, smaller cat modelling teams who maybe don't have a lot of resource

for doing this sort of model validation work. We're going to

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