There is general consensus among insurance and reinsurance underwriters about the safest property risks to accept in the California market, according to the co-founder of a company that uses technology to better understand catastrophic risks.
Executive SummaryWith experiences in clean technology and data delivery for crisis response leading him forward, Nathaniel Manning took his desire to help stop the progression of climate change in a new direction after he became enthralled with the mission of insurance and reinsurance industries. Here, Manning, COO of Kettle, shares the backstory of the company, which uses technology to better understand catastrophic risks—and to sell insurance and reinsurance. He describes the machine learning models and the contributions they can make to solving growing availability and affordability in the California wildfire market.
Nathaniel Manning, chief operating officer of Kettle, which uses its AI models of cat risks—and wildfire risk, in particular—to sell insurance and reinsurance as an MGA, shared his assessment during a recent interview with Carrier Management as he described the dynamics of a growing availability and affordability crisis in the state.