Abstract: Climate change is driving dramatic increases in the impacts of extreme hazards, including hurricanes, floods, and wildfires. These changes occur within a built environment that is in many cases not prepared for the level of hazard that we see today, much less for changing risk in the future. The insurance industry is managing risk to its business through this complex intersection of science, economics, and public policy. This talk will discuss opportunities to assess climate risk using catastrophe models, using chronic impacts like changes in temperature, sea level, and rainfall to make progress on understanding lower-confidence extreme events to foster better decision-making in the built environment.
Click this Zoom link to join the seminar.
Passcode: 957212
About the Speaker
Kelly Hereid
Director of Catastrophe R&D
Kelly Hereid, Ph.D., CCRMP, is the Director of Catastrophe Research and Development at Liberty Mutual in the Corporate Enterprise Risk Management group, with over 10 years of experience in both reinsurance and primary insurance. Her team is responsible for building and maintaining Liberty’s view of catastrophe risk research, along with assessing physical and transition climate risks. She specializes in climate change and emerging risks.
Dr. Hereid serves on the Science Advisory Board for NOAA, is a board member of the International Society of Catastrophe Managers, and is an editor for the Journal of Catastrophe Risk and Resilience. She also works on a variety of industry education, research, and regulatory working groups, and provides expert guidance on climate risk in the financial sector for government organizations such as the Council of Economic Advisers, the President’s Council of Advisors on Science and Technology, and others.
Dr. Hereid is a Certified Catastrophe Risk Management Professional (CCRMP). She has a Ph.D. in geological sciences from the University of Texas – Austin, focusing on climate science, and a B.A. in geology and biology from Carleton College in Minnesota.
