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Conferences / Events

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Upcoming events

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REDUCING UNCERTAINTY IN RISK MODELS

JBA is collaborating with Global Reinsurance and GfK to deliver an exciting webinar on the above topic. We are presenting a case study which uses GfK's boundary data and our own innovative flood data to demonstrate new ways of reducing risk.

Uncertainty is a constant theme in the reinsurance industry, especially in disaster-prone regions for which detailed exposure data is lacking. How can re/insurers make meaningful risk assessments and write more business in these areas?  The webinar will be held on 7 September 2016 at 3pm (UK time). To register free, click here.

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CAT RISK MANAGEMENT AND MODELLING, ASIA 2016 (AUSTRALIA AND SINGAPORE)

Ian Willis is presenting JBA's capability and innovative products, designed specifically for the Asia Pacific region. We ar also delighted to be sponsoring the Singapore event - August 22-23. More information here.

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FLOOD RISK AND INSURANCE CONFERENCE, CANADA

Simon Waller will be joining a panel discussion at the Flood Risk & Insurance Masterclass on June 16th at St. Andrews Club & Conference Centre, Toronto. The discussion, "Assessing risks, hazard areas and financial implications through various flood modelling solutions" will form part of the day's programme which is being hosted by the publishers of Insurance Business Canada. The conference will be featuring top experts in the field of flood and overland water insurance. This one-day conference explores how government agencies, the scientific community, insurers and other key stakeholders are working together to manage all aspects of flood risk. More information here.

 

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UK FLOOD - STATE OF THE NATION

JBA Risk Management is hosting a breakfast briefing in The Old Library, Lloyd’s, 1 Lime Street, London EC3M 7HA between 8:00 a.m. and 11:00 a.m. on Friday 18th March. 

We have an exciting programme and we're expecting the event to be very popular. If you would like to attend please register by emailing Alison Ford with JBA event 18 March 2016 in the subject line. We hope very much to see you there.

Programme
08:00 – 09:00

Registration and breakfast

09:00 – 09:10 Introduction Dr Iain Willis, Technical Director, JBA Risk Management
09:10 – 09:35 A JBA retrospective on the winter storms Dr Jane Toothill, Director, JBA Risk Management
09:35 – 09:55 Climate change impacts on flood risk Professor Rob Lamb, Director, The JBA Trust
09:55 – 10:10 Impact of the winter storms on Flood Re and the use of models in relation to Flood Re Gary McInally, Chief Actuary, Flood Re
10:10 – 10:30 Advancing the science of flood modelling: JBA’s NEW multi-peril probabilistic flood model of the UK James Thornton, Catastrophe Modelling Specialist
10:30 – 11:00 Tea, coffee and networking  
11:00 Close  

 

 

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The 2015 Industry Practitioners’ Forum on FLOOD RISK & INSURANCE

JBA Risk Management is pleased to be sponsoring this Infoline conference which takes place on 29 and 30 October 2015 and we are also running a post conference workshop.

We are delighted to be able to offer you a registration fee at 50% of the advertised price for one or both days, simply by registering through this link and quoting discount code FKM63269JBAEM.  The deduction will take place automatically during the registration process.

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The conference

The 2007 floods cost an estimated £3.2 billion – whilst those in the winter of 2013/14 demonstrated vulnerability to simultaneous and connected multiple flood events. This uniquely timed one day conference explores how government agencies, the scientific community, insurers and other key stakeholders are working together to manage the financial aspects of flood risk. In just one day conference attendees will hear:

  • Systems and strategies for effective pricing, underwriting and modelling of flood insurance
  • Scientific insights from the Centre of Ecology & Hydrology on how to incorporate the latest trend analysis and our understanding of climate change into business decision-making
  • Policy updates from The Environment Agency including the 2015-21investment plan which will see £2.3bn of Government investment in flood risk reduction
  • Implementation guidance from senior representatives of Flood Re in the run up to ‘go live’ in April 2016 – which risks should you cede to Flood Re?
  • Insurance company perspectives on the key issues in Flood insurance from Direct Line Group, Axa Insurance and other leading personal lines insurers
  • Market leading solutions to the challenges of modelling flood risk from JBA Risk Management, Guy Carpenter and SCOR Global
The workshop

Further your understanding of probabilistic flood models by attending the post conference workshop “Flood Modelling: From Data to Decision.”

The workshop will be a hands-on session taking attendees through the whole process of building a probabilistic flood model from scratch. Attendees will take a whistle-stop tour of the science behind a probabilistic flood model. From input to output, attendees will work together in groups to create their own minimodel and discover how to make sense of the output.

WORKSHOP OBJECTIVES

Workshop participants will gain insight into the process of creating a flood model. They will understand the impact of decision making at every stage of the cat modelling process. The workshop will demonstrate good practice in dealing with the uncertainties that are inherent in computer modelling.

  • Discover the latest trends in hydrology and flow estimation
  • Learn how hydraulic models differ from one another
  • Understand why one hydraulic model does not fit all purposes
  • Get to grips with the role of statistics in flood modelling
  • Familiarise yourself with the key components of a flood model
  • Find out how to use the output of the model

WHO SHOULD ATTEND

The workshop will provide enough information for anyone wishing to get a good overview of the processes involved in flood modelling. It will be of immediate and lasting benefit to:

  • Primary insurers seeking a better understanding of probabilistic models
  • Modelling teams within insurance companies involved in modelling other natural perils (e.g. earthquake and windstorm) but who would like to understand more about the unique nature of modelling flood

Some previous experience in one or more of the session titles would be helpful but none is required. However, attendees may find it easier to keep up if they are able to understand the basic terminology.

Please note that this practical hands-on workshop is intended for employees of insurance companies. Beyond this audience certain restrictions on attendance may apply. (E.g. the workshop is not open to representatives of model vendors or other service providers.)

WORKSHOP STYLE AND TIMINGS

This workshop is designed to be participative throughout. The agenda will combine key formal presentations, case studies and syndicate discussion sessions. There will be ample opportunity for delegates to benchmark experiences with industry peers and raise issues of most concern to their organisation, either confidentially or in open session.

The workshop runs from 9.00am to 4.00pm. Please note that places for the workshop are limited.

REMEMBER TO REGISTER VIA THIS LINK AND QUOTE FKM63269JBAEM TO QUALIFY FOR YOUR 50% DISCOUNT

In short, this one day conference and associated technical workshop will provide personal lines insurers with the latest policy, strategy and technical insights on the fast changing field of “Flood Risk & Insurance” 

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CAT Risk Management & Modelling America 2015

Iain Willis will be presenting at the New York CAT Risk Management & Modelling America 2015 conference on 1 September 2015. His presentation considers the future of cat models and looks into the following areas:

 
  • Insights into models that fully correlate all sources of flood loss
  • Developing flood hazard maps
  • Flood data lookup and loss calculations
  • US case study

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GfK First International Partner day

Erik Höppner will be representing JBA Risk Management at GfK's First International Partner Day on Thursday 9th July in Bruchsal. He will be presenting on the use of CRESTA zones in flood modelling . For the agenda, click here.

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Opening up the World of Cat Modelling

Stephen Hutchings is presenting on JBA's Thailand and Europe flood models on 6 July. This is part of a modelling seminar and workshop held jointly by Oasis and the (Re)Insurance market in Zurich. The event is hosted by Swiss Re.

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Managing Catastrophe Risk (30 June to 1 July 2015)

Iain Willis will be speaking at the fourth annual Managing Catastrophe Risk conference in London. His presentation is called ’The Devil is in the Detail’ - Considerations in Building a New UK Flood Catastrophe Model. As Flood Re is set to become active in the summer of 2015, re/insurers are quickly preparing themselves to be best informed about their most vulnerable assets to flooding. To facilitate this important decision-making process, a robust UK flood catastrophe model is needed. In this session, development insight is shared in creating JBA’s new UK Flood model and the subsequent attention to detail that is required. From the necessity of fully capturing the different perils of flooding (river, surface water and storm surge) to the complexities of modelling flood defence initiatives and their relative standard of protection (SOP).

  • Probabilistic UK Flood catastrophe model
  • Flood Re
  • Re/insurance
  • Multi-peril
  • June 2007 UK floods
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Willis Flood Club

Jane Toothill will be sitting on the discussion panel at the next meeting of Willis's Flood Club on 16 June at 2:30 p.m. in the Willis Building. It is a free event and the only requirement is that participants know and work on flood peril in re/insurance. 

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Insurance Bureau of Canada (IBC)

Simon Waller will be presenting at the IBC's 90-minute workshop called “Fighting urban flooding: partnerships, prevention and preparedness”. 

Designed for delegates at the Federation of Canadian Municipalities (FCM) Annual Conference and Trade Show, the workshop will consider the cost to Canada's insurance industry of water damage claims, which have averaged almost $1 billion annually for the last five years and hit a staggering $3 billion in 2013. 

Simon will first discuss broad-scale flood mapping and will then join the other panel experts in answering questions from the floor.

The workshop takes place at the Shaw Conference Centre, Edmonton, AB on Friday 5 June at 10:15 to 11:45 (local time) on Friday, June 5, 2015.

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JBA Breakfast Briefing

We are hosting a breakfast briefing on May 29 in The Old Library at Lloyd’s, 1 Lime Street, London EC3M 7HA between 8:00 a.m. and 11:00 a.m. 

The event is aimed at exposure managers, underwriters, catastrophe managers and risk analysts from insurers and reinsurers alike.  It is expected to be useful for all those who have interest in flood risk in the UK, Europe and globally.  Our guest speakers will include Laurent Montador of Caisse Centrale de Réassurance (CCR) who will talk about CCR’s work with JBA including our multi-peril modelling work for hurricane and flood events in the Caribbean.  The event will provide insights into new functionality in JBA’s catastrophe loss modelling platform, JCalf 15 and our available models, including:

  • 2015 release of multi-peril UK probabilistic model for river, coastal and surface water flooding
  • Financial capabilities of JCalf at coverage, site, policy, portfolio and geographic level
  • JCalf’s advanced treatment of hazard and loss uncertainty
  • How JCalf’s transparent approach can help with sensitivity testing by users
  • Access, deployment and use of the software
  • JBA’s probabilistic flood models for India, Thailand, Malaysia, Sri Lanka and Europe

After breakfast there will be some short talks about the latest commercial release of JCalf. After this, you will have the opportunity to ask questions, network and chat. 

To register, please email Alison Ford.

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Conveyancing Risk in Your Area

Rob Carling is speaking at the conference, Conveyancing Risk in Your Area in Northampton on 26 February 2015The conference is being organised by TM Group, the largest provider of property searches to the Conveyancing sector.

It has been over two years since several homes flooded in Northamptonshire in November 2012 with 4 inches of rain within as many days. Around a 1,000 people were evacuated from Billing Aquadrome as a precautionary measure after it had experienced significant flooding earlier in the year. Rob will be speaking on the subject, "Managing Flood Risks in Conveyancing Transactions" and will provide several examples within the Northampton area. He will also focus on the flood data used by over 80% of the UK insurance and legal property search industries and will comment on the recently revised Law Society Guidance Note on Flood Risk

Website

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Mapping the Future of Housing

Rob Carling will be speaking at the Cardcorp Spatial Information System's Mapping the Future of Housing conferences on 3 and 5 February 2015, in Manchester and London.

Rob's presentation at both events, on the subject of flood and water management, is entitled, "It’s about people as well as assets". He will also focus on JBA's flood data which is used by over 80% of the UK insurance and legal property search industry.

Website