Parametric Insurance: Shaping the Future of Public Sector Resilience with Data and Technology

When discussing parametric insurance and its value to public entities, the conversation often involves innovative features of parametric products – speed, flexibility, and transparency. However, what makes parametric insurance valuable is as much the insurance aspect as its parametric qualities. Read this post from Serena Sowers and Aaron Michel.
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Conversations about Risk Rating 2.0 – Part III

For the third post in our Risk Rating 2.0 series, the Wharton Risk Center talks with Dave Burt, Founder & CEO of DeltaTerra Capital, an investment research company providing impact assessment tools and working with policy makers to help minimize the damage done to homeowners as asset value adjustments happen.Read More

Conversations about Risk Rating 2.0 – Part I

The Wharton Risk Center is pleased to share a blog series with a range of experts on the pricing of flood insurance and is delighted to begin this series with an interview between our Executive Director, Dr. Carolyn Kousky, and the head of the NFIP, David Maurstad.Read More

Parametric Hurricane Protection in Dominica: Insights From Initial Adopters

In this blog post, Susanna Berkouwer, Joshua Dean, and Kamen Velichkov share an overview of a survey done during fall 2021 with the Climate Resilience Execution Agency for Dominica (CREAD) to study people’s perceptions of hurricane risk and their insurance options.Read More

The First Multi-Peril Disaster Insurance Product – A Q&A with Darren Wood of Recoop

Recoop Disaster Insurance has come to market as a parametric-like solution and the first multi-peril disaster insurance product available for homeowners. The Risk Center reached out to Darren Wood, Founder, and President of Recoop Disaster Insurance to learn more about this new product.Read More

Machine Learning Models for Predicting, Understanding and Influencing Health Perception

Although there are many determinants of face mask-avoidance and related risky behaviors, one key factor is perceived severity of COVID-19. Understanding such health perceptions is necessary for influencing and improving behavior during the crisis. Considerable research in psychology and marketing has found that people are not good at evaluating the severity of different health conditions. Read More