Severe Convective Storm (SCS) Events on the Rise

In 2023, the U.S. saw a record 28 weather events causing over $1 billion in damage, primarily due to severe convective storms (SCS), which often include hail. The increase in SCS-related losses is attributed to changing weather patterns, expanding development into new areas, and the inclusion of expensive properties like solar arrays.

MAPTYCS® helps risk professionals assess and mitigate exposures to changing climate risks, like SCS.

MAPTYCS® will be at RIMS (Risk and Insurance Management Society, Inc.) Riskworld 2024 in San Diego this May.Please reach out via LinkedIn messaging, or directly to noahbarrengos@maptycs.com to schedule a meeting time. We look forward to seeing you there!

https://www.linkedin.com/feed/update/urn:li:activity:7186694969494011904

Related Posts

Our thoughts are with all those impacted by the devastating wildfires that have intensified overnight, including

The new year is here, and at MAPTYCS, we’re ready to make 2025 a year of

Thank you to all our clients, partners, and friends for making 2024 such a great year.

A 7.4 magnitude earthquake has struck Vanuatu at 12:47 local time (01:47 GMT). The earthquake and

🌀 Chido weakened to a super tropical cyclone in the Indian Ocean Thursday morning Eastern Africa

A 7.0 magnitude earthquake has struck just off the coast of Northern California followed by subsequent

Hear, hear 📢 here we are London! We are happy to announce that Daniel Grimwood-Bird has

As Q4 begins, the 2024 property renewal season is quickly upon us! Maptycs can help by

We are thrilled to share that Maptycs made it again to InsurTech100, the annual list of

It was a busy Sunday in Maptycs with three active tropical storms. 🌀 Tropical Storm Milton

Tropical Storm Helene 🌀 is fast approaching the United States’ Gulf Coast. As the storm intensifies

Hurricane Debby 🌀 is slowly making her way up the East Coast after making landfall yesterday