With the wildfire season underway, the insurance market “will likely continue to harden as insurers adapt to the reality of increasingly strong fires across the western U.S.” as climate risks rise. With the IPCC’s report on climate change underscoring a surge in compound events from heat waves, risk and insurance professionals must widen their risk analytics and strategies to stay prepared.
#risktech #insurtech #riskmanagement #wildfireseason #climaterisk
