Our team of climate change scientists collaborate with your company to create customized solutions that help you assess the risk of climate change to different lines of business from property and casualty to life, agriculture, and supply chain.
AIR experts in our Global Resilience Practice and climate change scientists in our Climate Change Practice have helped governments and organizations protect, adapt, and mitigate the risk of sea level rise due to climate change. AIR assisted the City of Miami Beach with their stormwater management plan and developed an algorithm to expand existing storm footprints to account for future elevated sea levels.
Since our founding, AIR has been focused on providing science-based solutions. We strongly believe that outreach and education can help organizations and governments make data-driven decisions and policies that can help us build climate-resilient communities across the globe. Our scientists and industry experts have built long-term relationships with the state and federal governments, departments of insurance, rating agencies, and regulators around the world.
We have worked with insurance associations to publish reports that quantify the financial/insured risks of climate change and can create climate-conditioned catalogs that enable stress-testing of losses under future climate conditions.
AIR engages with regulators to help formulate and interpret climate-related and other general insurance stress tests. Recent examples of this type of work include: