Episode 4
Navigating Catastrophe Risk with Howard Kunst
In Episode 4 of Almost Nowhere, hosts Alicia Burke and Max Martinelli are joined by Howard Kunst, Chief Actuary at Cotality (formerly CoreLogic), to explore the evolving role of data science and AI in catastrophe risk management. Recorded at the Casualty Actuarial Society’s Rate Making, Product and Modeling Seminar (RPM) in Orlando, this episode explores the challenges of pricing insurance products amidst a changing climate and the innovations helping to mitigate these risks.
Howard shares his insights on how the insurance industry is adapting to new climate realities, with a focus on building codes, resilience, and the future of catastrophe modeling. The conversation also touches on the intersection of AI and catastrophe risk, highlighting real-time data solutions and the role of AI in enhancing catastrophe predictions.
As the industry faces rising natural disaster risks, Howard also discusses how data-driven approaches are reshaping the insurance landscape, ensuring insurers stay proactive and capable of adjusting to new realities. Whether you’re an actuary, underwriter, or risk manager, this episode provides valuable insights into the future of catastrophe risk and how AI and data science are playing pivotal roles in its evolution.