Tag Archives: flood modeling

Join Us for Must-See Keynotes and Up Close Sessions at Exceedance 2018

With Exceedance 2018 coming May 14 – 17, we have lined up an interesting group of keynote speakers who will be onstage to provide their insights, ideas and inspiration. This year’s topics include:

Day 1: Earth, Wind and Fire

Our day one general session will focus on how we have leveraged lessons learned to bring new advances in model science and technology that enable (re)insurers to better manage and capitalize on catastrophe risk:

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What’s Happening with Flood? Ask an Expert

Flood risk is one of the most severe natural hazards in the United States, yet maybe it is one of the least well-managed, and least understood by insurers. It is not surprising that many insurers have chosen to stay on the sidelines of the U.S. flood insurance market, which has been dominated for more than 40 years by the state-backed National Flood Insurance Program (NFIP).

But slowly, the hurdles to private sector involvement are starting to clear, through the combined efforts of the industry, FEMA, and even private citizens. It will be an exciting time for private insurers and Americans if the new flood reform bill, H.R. 2874 passes through the Senate, as measures in the bill include increased acceptance of private flood insurance by mortgage providers, easing of fixed claims limits, and open source access to FEMA’s extensive claims database.

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