Insurance Special Interest Group
Weather and climate science plays a key role for those working in the insurance sector. This is particularly clear when considering the impact of extreme weather events on infrastructure and people. However, meteorological data on timescales from hours to decades ahead can be important for understanding both present and future risks.
The aim of the Insurance Special Interest Group is therefore to strengthen and expand current engagement between meteorologists and the insurance sector.
Some key objectives are:
- To support the creation of content and activities that address the meteorological needs of those working in the insurance sector
- To facilitate discussion on the future research agenda of meteorologists working in conjunction with the insurance sector
- To highlight career opportunities in the insurance sector to meteorologists
- To demonstrate the benefits of the Royal Meteorological Society to those working in the insurance sector.
This work is conducted in conjunction with the RMetS Science Engagement Committee and Energy and Early Career Special Interest Groups, which have common themes and interests.
The Special Interest Group includes academic expertise from five UK institutions (University of Exeter, University of Leeds, Newcastle University, University of Reading and Swansea University) as well as representation from the UK Met Office, Royal Netherlands Meteorological Institute (KNMI), catastrophe risk analysts from nine insurance companies, and the Bank of England. Efforts were made to include both academic and industry professionals from a range of career stages. Katherine Latham (Willis Towers Watson) chairs the Insurance Special Interest Group, which meets three times a year (the Group first met in September 2022). Each committee member serves for a 3-year period once elected.
If you're interested in the ongoing activities of the insurance SIG, please contact insurance@rmets.org
Previous Events
- RMetS Insurance SIG 2022 Journal Paper Showcase (recording available)
- CGFI Connect - Insurance and Climate Science: Bringing Together Research and Practice (recording available)
- Weather and Climate Hazards: Impact Forecasting and Modelling Insights for the Insurance Sector (recording available)
- Navigating Climate Challenges in Insurance