Best's Review Webinar Examines Advances in Managing and Modeling Flood Risk in the United States

OLDWICK, N.J.--()--Catastrophic flood events pose a wide-spread risk to property in the United States and are responsible for more Presidential Disaster Declarations than any other peril with over $5 billion in economic loss each year. As a result, risk from inland flooding has long been considered one of the most difficult perils to insure as the modeling and mapping tools available have been useful, but not sufficient, to assess catastrophic flood risk to the same degree as other modeled perils.

In a webinar hosted by Best’s Review, a panel will be discussing the challenges that currently exist in managing flood risk in the United States from a primary underwriting and reinsurance perspective, the advances in modeling and mapping tools available to the industry to understand and transfer risk from this peril in a manner similar to other catastrophic perils, opportunities for business growth enabled by those advances and the evolving market impact of uncertain regulatory changes. This webinar is set for Wednesday, April 09 at 11 a.m. Eastern Time.

Register for the complimentary webinar at http://www.bestreview.com/webinars/floodrisk14.

Panelists for this webinar include:

  • Dr. Jay Guin, Executive Vice President, Research and Modeling, AIR Worldwide
  • Shawn Homand, Property Underwriting Officer, Lexington Insurance Company
  • Dr. Gero Michel, Head of Risk Analytics, Montpelier Re

The event is sponsored by AIR Worldwide. Visit them at http://www.air-worldwide.com.

Attendees can submit questions in advance during registration, or email questions to news@ambest.com during the live event. Coverage of the webinar will be featured in an upcoming issue of Best’s Review. For more information about the webinar, please call (908) 439-2200, ext. 5561, or email lee.mcdonald@ambest.com.

Best’s Review, A.M. Best’s award-winning monthly publication (www.bestreview.com), covers the global insurance industry. For information about advertising in Best’s Review or webinar sponsorship opportunities, call (908) 439-2200 ext. 5399, or email advertising_sales@ambest.com.

A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2014 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

Contacts

A.M. Best Co.
Lee McDonald
Group Vice President, Communications
(908) 439-2200, ext. 5561
lee.mcdonald@ambest.com

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Contacts

A.M. Best Co.
Lee McDonald
Group Vice President, Communications
(908) 439-2200, ext. 5561
lee.mcdonald@ambest.com