Is your risk management strategy built to deal with our contemporary climate? If your catastrophe models are based solely on historical data, you could be underestimating risk. Our latest article, Why your risk models may be underestimating extreme weather losses, is a must-read for risk professionals looking to learn about: 🚩 The hidden dangers of traditional risk models 📈 How Reask’s UTC framework delivers a more accurate view of exposure ❓ The key considerations for protecting global risk portfolios Discover how Reask’s UTC framework can boost your forecasting accuracy and financial resilience in the face of extreme weather. Contact us today at contact@reask.earth for more information. Read the full article: https://lnkd.in/enXBr7Gn #ClimateRisk #Insurance #Reinsurance #RiskManagement #CatastropheModelling
Reask
Insurance
Sydney, New South Wales 3,512 followers
Leveraging AI and climate science to make actionable data
About us
Reask is a science and technology company applying cutting-edge data science techniques to natural hazard modelling. Follow us on Twitter: @reaskearth
- Website
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https://reask.earth/
External link for Reask
- Industry
- Insurance
- Company size
- 11-50 employees
- Headquarters
- Sydney, New South Wales
- Type
- Privately Held
- Founded
- 2018
- Specialties
- earth system risk, natural hazards, climate modelling, catastrophe modelling, insurance, reinsurance, disaster risk funding, and insurance linked securities
Locations
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Primary
Level 4, 11 York Street
Sydney, New South Wales 2000, AU
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2 Minster Court
London, London EC3R 7BB, GB
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Dufourstrasse 49
Stadtkreis 8 Riesbach, Zurich 8008, CH
Employees at Reask
Updates
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Next week, Reask will attend the InsTech Exponential Risk London 25. As a sponsor, we're thrilled to engage with leaders in the global catastrophe, climate, and insurance community. 👥 Meet Our Team: - Jamie Rodney, CEO - Louise Braybrooke CCRA Braybrooke, Chief Client Officer - Nicolas Bruneau, Co-founder and Head of R&D - Alexandre Caillol, CFA, Head of Business Development - Oliver Roberts, Business Development Associate 📍 Location: Cavendish Venues, The Minster Building, 21 Mincing Lane, London EC3R 7AG 🗓️ Date: 4th-5th March 2025 ✍ Learn more about the event and agenda: https://lnkd.in/eUq2cmC8 We’re looking forward to connecting and exploring future collaborations at #ExponentialRisk London 25! ✉️ Get in touch via contact@reask.earth to book a meeting with our team. #Reask #InsTech #CatastropheRisk #ClimateRisk #ExposureManagement #RiskManagement #Reinsurance #ClimateTech #InsuranceInnovation #InsurTech #FutureofInsurance #ClimateSolutions #RiskMitigation #DataDriven
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Looking forward to the Reinsurance Association of America Cat Risk Conference 2025 in Orlando this week. If you haven't already done so, please reach out to our Reask colleagues Louise Braybrooke CCRA and Ian Bolliger to schedule a catch-up. Let's talk about dynamic, climate-connected tropical cyclone modeling. See you there! 🚀 Get in touch via contact@reask.earth #CatRiskManagement #ClimateRisk #InsuranceInnovation #Reinsurance #DataScience #RiskManagement #Insurtech #ClimateChange #RiskAssessment #Reask
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Join Thomas Loridan and InsuranceERM for the next instalment in their insightful webinar series. This session will explore how industry leaders are refining their hurricane risk modelling strategies and utilizing physical modelling techniques to extract valuable insights from extensive global climate data. Topics covered: ➡️ Gain a deeper understanding of the role of tropical cyclones in shaping risk modelling. ➡️ Explore cutting-edge approaches and technologies that are revolutionizing the insurance industry. ➡️ Learn from experts who are driving the future of climate risk management. Speakers: - Anna Neely - Managing Director & Head of Catastrophe R&D, Howden Re - Benjamin Hohermuth - Nat Cat Specialist, ILS, Schroders Capital - Christopher Cundy - Managing Editor, InsuranceERM - Richard Dixon - Head of Catastrophe Research, OAK Re - Thomas Loridan - Co-founder & Chief Science Officer, Reask 🗓️ Date: March 6th, 2025, 3:00 PM GMT / 10 AM ET 🔗 Register now: https://lnkd.in/e_Nud2H6 📧 Reach out to us at contact@reask.earth to connect with the team! #ClimateRisk #CatastropheModeling #HurricaneRisk #TropicalCyclones #RiskManagement #InsuranceInnovation #ClimateTech #Reask #NatCat #PhysicalModeling #InsuranceLeaders #Reinsurance #CatRisk #Webinar #ClimateData #DataScience #Sustainability #NatCatTech #InsuranceWebinar #ReaskInsights
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In our latest TechTalk, more than 80% of respondents felt their current risk models didn’t accurately capture hurricane risk in a changing climate. Thank you to all who joined our first Reask TechTalk, delivered by Ian Bolliger, on "Using Climate-Connected Hurricane Event Sets for Dynamic Risk Management." Attendees were given exclusive access to our Python-based simulation package and a sample event set from Reask’s climate-connected event catalogue. During the session, they could measure how various climate signals impact portfolio risk in real-time. We greatly appreciated the attendees’ engagement. The live Q&A session gave us invaluable user feedback, helping steer product development to better quantify the impact of seasonal variations and long-term climate shifts on risk assessment. Learn more about the session and request access to the recording here: https://lnkd.in/ecNT5i-z 🔔 Stay tuned for more Reask TechTalks this year! You can catch the Reask team at the upcoming Reinsurance Association of America conference in Orlando, FL and InsTech Exponential risk conferences in London, UK. ✉️ Reach out to contact@reask.earth to connect with our team. #ClimateRisk #CatastropheModeling #InsuranceInnovation #Reask #RiskManagement #TropicalCyclones #NaturalCatastrophes #CATModeling #InsuranceTech #DataScience #ClimateModeling #CatastropheRisk #Reinsurance #RiskAssessment #WeatherPatterns #ClimateScience #InsuranceSolutions
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⏳ 𝐎𝐧𝐥𝐲 1 𝐝𝐚𝐲 𝐥𝐞𝐟𝐭 𝐭𝐨 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫! ⏳ Don't miss our latest Reask TechTalk on "𝐔𝐬𝐢𝐧𝐠 𝐂𝐥𝐢𝐦𝐚𝐭𝐞-𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐇𝐮𝐫𝐫𝐢𝐜𝐚𝐧𝐞 𝐄𝐯𝐞𝐧𝐭 𝐒𝐞𝐭𝐬 𝐟𝐨𝐫 𝐃𝐲𝐧𝐚𝐦𝐢𝐜 𝐑𝐢𝐬𝐤 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭". If you rely on stochastic event catalogs for natural catastrophe risk assessment but find them limited by their static nature, this workshop is for you. Join us to learn how to use Reask data to adjust your view of hurricane risk. If you rely on stochastic event catalogs for natural catastrophe risk assessment but face challenges with their static nature, this workshop is for you. We’ll demonstrate how our climate-connected Universal Tropical Cyclone (UTC) model enhances traditional catalogs to better quantify risk in today’s climate, track season-to-season variations, and address the impact of a changing climate. 𝐈𝐧 𝐭𝐡𝐢𝐬 𝐰𝐨𝐫𝐤𝐬𝐡𝐨𝐩, 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐥𝐞𝐚𝐫𝐧 𝐡𝐨𝐰 𝐭𝐨: 1️⃣ Quantify increased hurricane risk today relative to historical benchmarks. 2️⃣ Quantify the impact of season-to-season variations in ENSO and Sea Surface temperature in that risk. 3️⃣ Measure the impact of a changing climate on your portfolio. 📅 18th February 2025 ⏰ 4pm UK / 11 am ET / 8 am PT ✏️ Register here: https://lnkd.in/emtd4smP 📋 Learn more:https://lnkd.in/es4KK_mk ✉️ Get in touch with Reask via contact@reask.earth #ClimateRisk #CatastropheModeling #InsuranceInnovation #Reask #RiskManagement #TropicalCyclones #NaturalCatastrophes #CATModeling #InsuranceTech #DataScience #ClimateModeling #CatastropheRisk #Reinsurance #RiskAssessment #WeatherPatterns #ClimateScience #InsuranceSolutions
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🌍 𝐑𝐞𝐚𝐬𝐤 𝐓𝐞𝐜𝐡𝐓𝐚𝐥𝐤: 𝐔𝐬𝐢𝐧𝐠 𝐜𝐥𝐢𝐦𝐚𝐭𝐞-𝐜𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐡𝐮𝐫𝐫𝐢𝐜𝐚𝐧𝐞 𝐞𝐯𝐞𝐧𝐭 𝐬𝐞𝐭𝐬 𝐟𝐨𝐫 𝐝𝐲𝐧𝐚𝐦𝐢𝐜 𝐫𝐢𝐬𝐤 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 Join our latest TechTalk in which you will learn how to use Reask data to adjust your view of hurricane risk. If you rely on stochastic event catalogs for natural catastrophe risk assessment but face challenges with their static nature, this workshop is for you. We’ll demonstrate how our climate-connected Universal Tropical Cyclone (UTC) model enhances traditional catalogs to better quantify risk in today’s climate, track season-to-season variations, and address the impact of a changing climate. 𝐈𝐧 𝐭𝐡𝐢𝐬 𝐰𝐨𝐫𝐤𝐬𝐡𝐨𝐩, 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐥𝐞𝐚𝐫𝐧 𝐡𝐨𝐰 𝐭𝐨: 1️⃣ Quantify increased hurricane risk today relative to historical benchmarks, 2️⃣ Quantify the impact of season-to-season variations in ENSO and Sea Surface temperature in that risk. 3️⃣ Measure the impact of a changing climate on your portfolio. 📅 18th February 2025 ⏰ 4pm UK/11 am ET / 8 am PT ✏️ Register here: https://lnkd.in/emtd4smP 📋 Learn more: https://lnkd.in/es4KK_mk ✉️ Get in touch with Reask via contact@reask.earth #ClimateRisk #CatastropheModeling #InsuranceInnovation #Reask #RiskManagement #TropicalCyclones #NaturalCatastrophes #CATmodeling #InsuranceTech #DataScience #ClimateModeling #CatastropheRisk #Reinsurance #RiskAssessment #WeatherPatterns #ClimateScience #InsuranceSolutions
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Our Chief Science Officer, Thomas Loridan and Head of Catastrophe Modelling, Nick Hassam have contributed to the InsuranceERM ‘Natural Catastrophes: Flood, Fire and Storm – Special Report 2025’. Reask has collaborated with Fathom and X, the moonshot factory’s Bellwether, to produce a special report exploring the latest trends and advancements in flood, fire, and storm modeling. At Reask, we’re redefining how the insurance industry understands and manages hurricane risk by leveraging the actual physics behind storm formation. As our Chief Science Officer, Thomas Loridan puts it: “If I want to understand the risk on the east coast of Florida, I can base it on what’s happened in the past and extrapolate it. But that’s not enough, because I need to account for the fact the ocean temperatures are warming pretty fast, and that has implications for intensification, steering patterns and the like. You can’t just rely on history: you need to make sure your models have some understanding of the physics that drive the risk,” Our approach integrates climate drivers—like warming ocean temperatures—into event sets and wind fields. This not only provides a global view of risk but also helps users understand portfolio correlations, such as the impact of El Niño vs. La Niña on typhoons in Japan and hurricanes in the U.S. On the seasonal forecasting front, Reask’s Nick Hassam highlights a growing shift in how these predictions are used: “People have said for years that ‘we don’t need a seasonal forecast because we can’t change anything.’ But now we see our clients saying ‘actually this is quite useful information.’” While traditional reinsurance contracts may have limitations, seasonal forecasts are increasingly valuable for insurance-linked securities (ILS) markets, enabling fund managers to adjust portfolios dynamically as new data emerges. By combining cutting-edge science with actionable insights, we’re helping insurers and ILS markets navigate the complexities of hurricane risk in a changing climate. Read the full report to explore the latest modelling advancements and learn how Reask is helping insurers navigate risk in a rapidly changing world: https://lnkd.in/e9MQDWVZ Get in touch with Reask via contact@reask.earth for more information. #ClimateRisk #CatastropheModelling #RiskManagement #InsuranceInnovation #Reask #ClimateResilience #NaturalDisasters #HurricaneRisk #MachineLearning #ClimateAnalytics #ParametricInsurance #DataDrivenDecisions #ClimateChangeAdaptation #RiskMitigation #InsuranceTechnology #FutureofInsurance #NatCat #ExposureManagement #Reinsurance #DisasterPreparedness #Sustainability #ClimateScience #RiskAnalytics #InsuranceSolutions
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We are proud to announce that Reask has been selected as a trusted partner by the Pacific Catastrophe Risk Insurance Company (PCRIC) and The World Bank to support their cyclone policies. A big thank you to PCRIC and The World Bank for trusting our data, and to our fantastic collaborators WTW, JBA Risk Management, and Temblor, Inc.. Our goal at Reask is to deliver comprehensive tropical cyclone risk modelling that reaches even the most remote islands, exactly when they need it. By incorporating the latest climate data into our models, we offer up-to-date hazard insights in a changing world. Our real-time, high-resolution wind fields contribute to the novel people-focused parametric insurance solution through the use of machine learning on a combination of climate and proprietary data sets. 🙏 A big thank you to David Schmid for driving this project forward. 🔗 Read more: https://lnkd.in/eRBmJpB2 ✉️ Talk with Reask via contact@reask.earth #ParametricInsurance #TropicalCyclones #ClimateRisk #ClimateChange #AI #Resilience #ExtremeWeather #DisasterRiskManagement #ClimateResilience #RiskModeling #ProbabilisticModeling #NaturalDisasters #DataDrivenDecisions #CatastropheModeling #GeospatialData #ClimateData #InsurTech #ParametricSolutions
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In our latest podcast series our CEO, Jamie Rodney, and Principal Quantitative Engineer, Ian Bolliger, join Matthew Grant from InsTech to discuss how Reask is revolutionizing catastrophe modelling with advanced climate science. 💡 Key Highlights: - How Reask’s innovative models enhance traditional catastrophe risk assessments. - The difference between natural climate variability and human-induced climate change. - Why global models are critical for understanding regional correlations and portfolio diversification. - How transparent, peer-reviewed data builds trust and accuracy in risk management. - The role of precise data in parametric insurance for better efficiency. Beyond insurance: Reask’s evolving impact on emergency response prediction. Discover how Reask is helping insurers, brokers, and risk managers navigate the dynamic challenges of climate change. 🌎 🔊 Access the podcast here: https://lnkd.in/dmwadMtJ Get in touch with Reask via contact@reask.earth! #ClimateChange #RiskManagement #InsuranceTech #Reask #CatastropheModeling #ExtremeWeather #ParametricInsurance #Podcast #ClimateScience #TropicalCyclone #NatCat