{"id":366,"date":"2025-04-22T16:40:23","date_gmt":"2025-04-22T16:40:23","guid":{"rendered":"http:\/\/www.drkarlgeorge.com\/?p=366"},"modified":"2025-05-08T15:39:39","modified_gmt":"2025-05-08T15:39:39","slug":"climatetech-connect-confronts-climate-peril-from-washington-stage","status":"publish","type":"post","link":"http:\/\/www.drkarlgeorge.com\/index.php\/2025\/04\/22\/climatetech-connect-confronts-climate-peril-from-washington-stage\/","title":{"rendered":"ClimateTech Connect Confronts Climate Peril From Washington Stage"},"content":{"rendered":"<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/insuranceindustryblog.iii.org\/wp-content\/uploads\/2025\/04\/Pete_Francis_CTC2-scaled.jpg\"><img loading=\"lazy\" width=\"1024\" height=\"848\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\" class=\"wp-image-19901 lazyload\" data-src=\"http:\/\/www.drkarlgeorge.com\/wp-content\/uploads\/2025\/04\/Pete_Francis_CTC2-1024x848-1.jpg\"><\/a><figcaption class=\"wp-element-caption\"><em><strong>The Institutes&#8217; Pete Miller and Francis Bouchard of Marsh McLennan discuss how AI is transforming property\/casualty insurance as the industry attacks the<\/strong> <strong>climate crisis.<\/strong><\/em><\/figcaption><\/figure>\n<\/p>\n<p>\u201cClimate\u201d is not a popular word in Washington, D.C., today, so it would take a certain audacity to hold an event whose title prominently includes it in the heart of the U.S. Capitol.<\/p>\n<p>And that\u2019s exactly what <a href=\"https:\/\/climatetechconnect.io\/\">ClimateTech Connect<\/a> did last week.<\/p>\n<p>For two days, expert panels at the Ronald Reagan Building and International Trade Center discussed climate-related risks \u2013 from flood, wind, and wildfire to extreme heat and cold \u2013 and the role of technology in mitigating and building resilience against them. Given the human and financial costs associated with climate risks, it was appropriate to see the property\/casualty insurance industry strongly represented.<\/p>\n<p><a href=\"https:\/\/web.theinstitutes.org\/peter-miller\">Peter Miller<\/a>, CEO of The Institutes, was on hand to talk about the transformative power of AI for insurers, and Triple-I President and CEO <a href=\"https:\/\/www.iii.org\/about-us\/the-team\/sean-kevelighan\">Sean Kevelighan<\/a> discussed \u2013 among other things \u2013 the collaborative work his organization and its insurance industry members are doing in partnership with governments, non-profits, and others to promote investment in climate resilience. Triple-I is an affiliate of the Institutes.<\/p>\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/insuranceindustryblog.iii.org\/wp-content\/uploads\/2025\/04\/Sean_CTC.jpg\"><img loading=\"lazy\" width=\"1024\" height=\"611\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\" class=\"wp-image-19907 lazyload\" data-src=\"http:\/\/www.drkarlgeorge.com\/wp-content\/uploads\/2025\/04\/Sean_CTC-1024x611-1.jpg\"><\/a><figcaption class=\"wp-element-caption\"><em><strong>Sean Kevelighan of Triple-I and Denise Garth, Majesco&#8217;s chief strategy officer, discuss how to ensure equitable coverage against climate events.<\/strong><\/em><\/figcaption><\/figure>\n<p>You can get an idea of the scope and depth of these panels by looking at the <a href=\"https:\/\/climatetechconnect.io\/speakers-%2B-agenda\">agenda<\/a>, which included titles like:<\/p>\n<ul>\n<li>Building Climate-Resilient Futures: Innovations in Insurance, Finance, and Real Estate;<\/li>\n<li>Fire, Flood, and Wind: Harnessing the Power of Advanced Data-Driven Technology for Climate Resilience;<\/li>\n<li>The Role of Technology and Innovation to Advance Climate Resilience Across our Cities, States and Communities;<\/li>\n<li>Pioneers of Parametric: Navigating Risks with Parametric Insurance Innovations;<\/li>\n<li>Climate in the Crosshairs: How Reinsurers and Investors are Redefining Risk; and<\/li>\n<li>Safeguarding Tomorrow: The Regulator&#8217;s Role in Climate Resilience.<\/li>\n<\/ul>\n<p>As expected, the panels and \u201cfireside chats\u201d went deep into the role of technology; but the importance of partnership, collaboration, and investment across stakeholder groups was a dominant theme for all participants. Coming as the Trump Administration takes such steps as eliminating FEMA\u2019s&nbsp;<a href=\"https:\/\/www.fema.gov\/grants\/mitigation\/learn\/building-resilient-infrastructure-communities\">Building Resilient Infrastructure and Communities<\/a>&nbsp;(BRIC) program; slashing budgets of federal entities like the <a href=\"https:\/\/www.pbs.org\/newshour\/politics\/fired-rehired-and-fired-again-noaa-employees-are-caught-in-a-liminal-state\">National Oceanographic and Atmospheric Administration<\/a> (NOAA) and the <a href=\"https:\/\/www.nytimes.com\/2025\/04\/16\/climate\/national-weather-service-forecast-doge-trump.html\">National Weather Service<\/a> (NWS); and <a href=\"https:\/\/ncnewsline.com\/2025\/04\/12\/fema-will-stop-matching-100-of-helene-recovery-money-in-nc-stein-says\/\">revoking FEMA funding<\/a> for communities still recovering from last year\u2019s devastation from Hurricane Helene, these discussions were, to say the least, timely.<\/p>\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/insuranceindustryblog.iii.org\/wp-content\/uploads\/2025\/04\/Helge.jpg\"><img loading=\"lazy\" width=\"952\" height=\"1024\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\" class=\"wp-image-19912 lazyload\" data-src=\"http:\/\/www.drkarlgeorge.com\/wp-content\/uploads\/2025\/04\/Helge-952x1024-1.jpg\"><\/a><figcaption class=\"wp-element-caption\"><em><strong>Helge Joergensen, co-founder and CEO of 7Analytics, talks about using granular data to assess and address flood risk.<\/strong><\/em><\/figcaption><\/figure>\n<\/p>\n<p>In addition to the panels, the event featured a series of \u201cShark Tank\u201d-style presentations by Insurtechs that got to pitch their products and services to the audience of approximately 500 attendees. A Triple-I member \u2013 Norway-based <a href=\"https:\/\/7analytics.ai\/\">7Analytics<\/a>, a provider of granular flood and landslide data \u2013 won the competition.<\/p>\n<p>Earth Day 2025 is a good time to recognize organizations that are working hard and investing in climate-risk mitigation and resilience \u2013 and to recommit to these efforts for the coming years. What better place to do so than walking distance from both the White House and the Capitol?<\/p>\n<p><strong><em>Learn More:<\/em><\/strong><\/p>\n<p><a href=\"https:\/\/insuranceindustryblog.iii.org\/bric-funding-loss-underscores-needfor-collective-actionon-climate-resilience\/\">BRIC Funding Loss Underscores Need for Collective Action on Climate Resilience<\/a><\/p>\n<p><a href=\"https:\/\/insuranceindustryblog.iii.org\/claims-volume-up-36in-2024-climate-costs-litigation-drive-trend\/\">Claims Volume Up 36% in 2024; Climate, Costs, Litigation Drive Trend<\/a><\/p>\n<p><a href=\"https:\/\/insuranceindustryblog.iii.org\/data-drives-the-attackon-climate-related-risk\/\">Data Fuels the Assault on Climate-Related Risk<\/a><\/p>\n<p><a href=\"https:\/\/insuranceindustryblog.iii.org\/outdated-building-codes-exacerbate-climate-risk\/\">Outdated Building Codes Exacerbate Climate Risk<\/a><\/p>\n<p><a href=\"https:\/\/insuranceindustryblog.iii.org\/jif-2024-collective-data-driven-approaches-needed-to-address-climate-related-perils\/\">JIF 2024: Collective, Data-Driven Approaches Needed to Address Climate-Related Perils<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Institutes&#8217; Pete Miller and Francis Bouchard of Marsh McLennan discuss how AI is transforming property\/casualty insurance as the industry attacks the climate crisis. \u201cClimate\u201d is not a popular word in Washington, D.C., today, so it would take a certain audacity to hold an event whose title prominently includes it in the heart of the U.S. Capitol. And that\u2019s exactly what ClimateTech Connect did last week. For two days, expert panels at the Ronald Reagan Building and International Trade Center discussed climate-related risks \u2013 from flood, wind, and wildfire to extreme heat and cold \u2013 and the role of technology in mitigating and building resilience against them. Given the human and financial costs associated with climate risks, it was appropriate to see the property\/casualty insurance industry strongly represented. Peter Miller, CEO of The Institutes, was on hand to talk about the transformative power of AI for insurers, and Triple-I President and CEO Sean Kevelighan discussed \u2013 among other things \u2013 the collaborative work his organization and its insurance industry members are doing in partnership with governments, non-profits, and others to promote investment in climate resilience. Triple-I is an affiliate of the Institutes. Sean Kevelighan of Triple-I and Denise Garth, Majesco&#8217;s chief strategy officer, discuss how to ensure equitable coverage against climate events. You can get an idea of the scope and depth of these panels by looking at the agenda, which included titles like: Building Climate-Resilient Futures: Innovations in Insurance, Finance, and Real Estate; Fire, Flood, and Wind: Harnessing the Power of Advanced Data-Driven Technology for Climate Resilience; The Role of Technology and Innovation to Advance Climate Resilience Across our Cities, States and Communities; Pioneers of Parametric: Navigating Risks with Parametric Insurance Innovations; Climate in the Crosshairs: How Reinsurers and Investors are Redefining Risk; and Safeguarding Tomorrow: The Regulator&#8217;s Role in Climate Resilience. As expected, the panels and \u201cfireside chats\u201d went deep into the role of technology; but the importance of partnership, collaboration, and investment across stakeholder groups was a dominant theme for all participants. Coming as the Trump Administration takes such steps as eliminating FEMA\u2019s&nbsp;Building Resilient Infrastructure and Communities&nbsp;(BRIC) program; slashing budgets of federal entities like the National Oceanographic and Atmospheric Administration (NOAA) and the National Weather Service (NWS); and revoking FEMA funding for communities still recovering from last year\u2019s devastation from Hurricane Helene, these discussions were, to say the least, timely. Helge Joergensen, co-founder and CEO of 7Analytics, talks about using granular data to assess and address flood risk. In addition to the panels, the event featured a series of \u201cShark Tank\u201d-style presentations by Insurtechs that got to pitch their products and services to the audience of approximately 500 attendees. A Triple-I member \u2013 Norway-based 7Analytics, a provider of granular flood and landslide data \u2013 won the competition. Earth Day 2025 is a good time to recognize organizations that are working hard and investing in climate-risk mitigation and resilience \u2013 and to recommit to these efforts for the coming years. What better place to do so than walking distance from both the White House and the Capitol? Learn More: BRIC Funding Loss Underscores Need for Collective Action on Climate Resilience Claims Volume Up 36% in 2024; Climate, Costs, Litigation Drive Trend Data Fuels the Assault on Climate-Related Risk Outdated Building Codes Exacerbate Climate Risk JIF 2024: Collective, Data-Driven Approaches Needed to Address Climate-Related Perils<\/p>\n","protected":false},"author":1,"featured_media":368,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[15],"tags":[],"_links":{"self":[{"href":"http:\/\/www.drkarlgeorge.com\/index.php\/wp-json\/wp\/v2\/posts\/366"}],"collection":[{"href":"http:\/\/www.drkarlgeorge.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.drkarlgeorge.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.drkarlgeorge.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.drkarlgeorge.com\/index.php\/wp-json\/wp\/v2\/comments?post=366"}],"version-history":[{"count":3,"href":"http:\/\/www.drkarlgeorge.com\/index.php\/wp-json\/wp\/v2\/posts\/366\/revisions"}],"predecessor-version":[{"id":372,"href":"http:\/\/www.drkarlgeorge.com\/index.php\/wp-json\/wp\/v2\/posts\/366\/revisions\/372"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.drkarlgeorge.com\/index.php\/wp-json\/wp\/v2\/media\/368"}],"wp:attachment":[{"href":"http:\/\/www.drkarlgeorge.com\/index.php\/wp-json\/wp\/v2\/media?parent=366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.drkarlgeorge.com\/index.php\/wp-json\/wp\/v2\/categories?post=366"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.drkarlgeorge.com\/index.php\/wp-json\/wp\/v2\/tags?post=366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}