Climate Change & Windstorms: UK and Ireland

Climate change is already affecting our daily lives, but its effects upon the weather will become far more marked in the years to come. Property insurance premiums are affected by the impact that storms and wind speeds have on buildings and the built environment. However, the windstorm evidence and projections for the impact of climate change are not well developed. In this article, together with MetSwift, we explore the observed trend in strong wind events since the 1970s, using a 50 mph wind gust threshold.

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Gamma LI predicts £5M in UK revenue by 2025 & signs deal with MGAM

Gamma Location Intelligence, which provides risk assessment technology to Property & Casualty (P&C) insurance companies, predicts that it will generate £5 million in revenues in the UK market by 2025. This follows a deal the location risk solution provider has signed with MGAM, an industry leader which is transforming the landscape of the insurance market.

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InsTech London
Member Spotlight:
Gamma LI

Richard Garry talks to InsTech London’s Simon Fyles about location intelligence innovation, climate change risks, and how Gamma Location Intelligence helps insurers reduce risk by harnessing AI, data science and spatial analytics to produce solutions to geographical questions.

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Tracking climate risk – slow, slow then fast

InsTech’s Matthew Grant was joined by Gamma Location Intelligence’s Chief Commercial Officer, Richard Garry and CEO, Feargal O’Neill. The discussion includes the challenges of local address data in Ireland and the UK, measuring carbon emissions, creating complete crime data analytics from different sources and how they’re working with partners.

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