Researcher appointed to lead climate risk innovation unit
What happened
Clement Atzberger was appointed chief scientist and tasked with leading a new innovation unit. This unit is intended to widen the range of climate risks that the AI-focused insurer can price and write. The unit will develop modeling and underwriting research to support specialty lines, including agriculture, energy, wildfire, and flood.
Why it matters
The unit's initial work in agriculture involves creating models for weather and yield protection products. This effort aims to fill gaps in standard policies and remove obstacles that businesses face when settling claims.
Who's involved
- Clement AtzbergerChief scientist appointed to lead the innovation unit
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Clement AtzbergerSpeculative
The unit's work could increase the supply of specialty insurance contracts for sectors like agriculture and energy.
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The entities involved
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HDi
Czech company
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