Richard Garry: CCO, Gamma Location Intelligence: Managing climate risk at home (264)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.8 • 50 Ratings

🗓️ 17 September 2023

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

The climate has been on our minds since the record-breaking summer heat we had across the world. In this podcast we turn to matters closer to home. In this episode, Matthew speaks to Richard Garry, CCO at Gamma Location Intelligence, which provides software and data services to help insurers understand location risk and climate. Tune in to find out more about how Gamma is helping insurers adapt to the changing weather in the United Kingdom and Ireland, as well as listen in to InsTech’s first live demonstration on the podcast of Gamma’s Go Green platform, done in collaboration with AXA XL. Talking points include: Why flooding follows wildfire The importance of customising and responding to client needs Go Green platform - how homeowners can mitigate risks associated with climate change MGAs and ecosystems - Gamma and collaboration We’d love to know what you think about this episode - click here and add your thoughts to our LinkedIn post about it. 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. To find out more about InsTech, our membership and offerings visit www.instech.co or contact us [email protected] Continuing Professional Development - Learning Objectives InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, 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 data for location analysis is collected Describe some of the ways climate change is altering risk Identify the key methods data providers help insurers with property and location intelligence 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 264 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	It's great to have you back. You are something of a podcast expert now. We've had you on,
0:06.5	this is your third time, and you and Fergal, your boss, have already reached 1,000 fans for a podcast.
0:15.4	So your challenge today is to beat your boss with a number of people listening to podcasts.
0:20.2	But welcome. Thanks very much. Del people listening to the podcast. But welcome.
0:25.9	Thanks very much. Delighted to be here. Hopefully we can get well over a thousand on the next one.
0:32.1	We're here on virtually, but we're actually remote. And I was in Dublin earlier this year.
0:36.8	And I've got to say, the Guinness in Dublin tastes a lot better than the Guinness in the UK.
0:38.9	And I don't think it's just the location, is it?
0:40.2	I think you do something special over there.
0:42.2	We're not allowed to do in the UK to the Guinness.
0:44.2	Yeah, they keep that top secret.
0:46.0	I don't know what they do with it, but it definitely,
0:48.2	it does taste good here, all right.
0:49.7	Or if you know, you're not going to tell me.
1:01.2	Anyway, let's get on with the show. We've got quite a lot to cover. Hello and welcome or welcome back. Matthew Grant here. And boy, it's still hot here in London
1:06.7	and things are picking up again as we're back with face-to-face events after a break for August.
1:12.4	And climate is a central theme to this week's episode with Richard Gary. With a couple of topics
1:17.5	you might not have come across before. You're going to be hearing about flood following wildfire
1:22.3	and, first for us, a live Denver by me as I test out Gamma's new service for extra Ireland insurance.
1:28.8	Go green. Well, we are delighted to have Gamma location intelligence as one of our many
1:33.0	members for Instec. That's one of 100 companies providing analytics and data that we're working
1:37.4	with, as well as around 50 insurance companies we're talking to every month. Well, if you are
	...

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