Extreme weather events are reshaping the insurance landscape, with floods causing billions in global losses annually. This essential webinar examines emerging flood patterns across the US, Europe, India, and Africa while showcasing how cutting-edge forecasting technology and sensor networks are revolutionizing risk assessment and loss prevention.
Insurance professionals will explore real-world loss data, discover how advanced warning systems provide critical lead time for mitigation, and learn to optimize resource allocation by distinguishing genuine threats from false alarms. The session demonstrates practical applications of sensor technology that not only monitors flood pathways but alerts users to maintenance needs before they become major exposures.
Key Takeaways:
- A Understand how emerging flood patterns across the US, Europe, India, and Africa are driving billions in annual losses and reshaping risk assessment strategies.
- Discover how advanced forecasting technology and sensor networks provide critical lead time to prevent losses before they occur.
- Learn to optimize resource allocation by distinguishing real threats from false alarms using sensor technology that alerts you to exposures before they become major claims.
Presenters:
Peter Dennis, CPCU, AIDA, ARM (Moderator)
Manager, Retail & SME Unit
Star Assurance LTD
Peter Nyarko Dennis is the head of the retail and SME unit at Star Assurance LTD, a leading non-life insurance company in Ghana. With over 15 years of industry experience, Peter has developed expertise in underwriting, branch operations, sales, strategy, risk management, and the application of digital tools to drive business growth and client value.
He holds a BSc in business administration and an MBA in finance from the University of Ghana Business School. He has also earned several professional designations from The Institutes, including the CPCU in 2022.
Peter is the CPCU Society's International Ambassador for 2024/25.
Avi Baruch, Ph.D., CPCU
Co-Founder and Chief Product Officer
Previsico
Dr. Avi Baruch is the co-founder and chief product officer of Previsico, a leading flood forecasting company spun out from Loughborough University. Having previously served as COO, Avi has helped scale the business from a research concept to a market leader delivering innovative forecasting solutions for infrastructure, insurance, and public-sector clients. With a background in geospatial science, flood forecasting, and risk management, he holds a PhD in geography from Loughborough University and has led multiple global projects advancing climate resilience.
Paul Dumitru, CPCU
Senior Official
Financial Supervisory Authority (ASF) of Romania
Paul Dumitru is a senior official with the Financial Supervisory Authority (ASF) of Romania, where he coordinates national programs on financial education and consumer awareness. He has more than 20 years of experience in the insurance and financial services industry. He currently serves as president of the CPCU Society Romanian Chapter and is actively engaged in international cooperation on financial education within the frameworks of the Organization for Economic Co-operation and Development (OECD) and the International Organization of Securities Commissions (IOSCO), promoting global best practices and knowledge exchange.