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Join us for a deep dive into the complexities of flood risk in Asia. Explore the transformative potential of data, technology, and scientific models in modernising flood insurance underwriting, enabling insurers to build scalable processes for the large population of Asia and improve underwriting accuracy. We'll examine how flood risk assessment is evolving as traditional methods that rely on historical events become obsolete, more so in the wake of the impact of climate change.
Key Takeaways:
Alok Kumar is Global Head of Analytical Services and Managing Director, India. As Head of Analytical Services, Alok leads a team of more than 400 analytics professionals working in tandem with our clients’ in-house analytics teams, and utilizing the very latest Moody's RMS risk models and technology platform, to provide services such as data engineering, hazard and risk hot spot identification, accumulation management, and portfolio optimization. As Managing Director for India, Alok oversees business operations for Moody's RMS in India with almost 600 employees, providing overall leadership and strategic direction for the business units and functional teams focused on analytics, risk models and software development.
Alok has over two decades of global experience in the (re)insurance industry and extensive expertise across the spectrum of risk modeling, underwriting, analytics, risk management and governance. He also has a deep understanding of Moody's RMS clients, in terms of their operations, as well as the issues they face.
Prior to Moody's RMS, Alok was the Managing Director and Head of Group Risks & Analytics at Swiss Re, with responsibility for risk quantification and solvency assessment. During his nearly 20 years at Swiss Re, Alok also held the role of Managing Director and Head of Swiss Re Bangalore. Alok has a Civil Engineering degree from IIT Roorkee, and a master’s degree from Texas Tech University. He also completed the Advanced Management Program at Harvard Business School.
Based in Zurich, Steffi joined RMS as Director in Product Management in 2019. Coming from the industry she drives Moody's RMS global flood agenda translating market needs into new product ideas, model improvements and providing insight into risk modeling to optimize client experience and industry understanding of model results.
Dr. Zhou’s work at Peak Re focuses on the view of atmospheric risks, particularly in improving underwriting risk management in context of changing climate. Before joining Peak Re, Dr. Zhou worked for Swiss Re and Verisk on catastrophe risk analytics, taking key responsibilities in model development work for perils including tropical cyclone, wildfire, and earthquake.
Prior to her industry career, Dr. Zhou led multiple numeric climate model development projects at various national research institutes across US, China, and Finland. Dr. Zhou is a recipient of the prestigious National Research Council Associateship Award by the US National Academy of Sciences.
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