Tuesday Schedule Detail
Session Name: Insurance~~Tools to Put More Management into Risk Management
Risk can be mitigated through insurance, but uncertainty in the degree of risk can increase what people pay to mitigate that risk. In the case of a hurricane, there is the risk of direct impact on insured assets, but there is also risk due to indirect impacts from damage to infrastructures related to those assets. These complex interactions can lead to elevated levels of uncertainty. But modeling tools and techniques are now available, or are emerging, to model these combined impacts, to quantify the risk, and to lower the uncertainty and cost of mitigation. This session will provide an overview of some of these tools.
Day of Week: Tuesday
Time Start: 10:30AM