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Insurers must be careful not to overlook the implications of these themes and assume that policyholders can afford ever-rising rates — and that they themselves can afford to insure climate-related catastrophes, writes jC Clark, Arturo CEO. (Credit: Nirut Sangkeaw/Adobe Stock) Insurers must be careful not to overlook the implications of these themes and assume that policyholders can afford ever-rising rates — and that they themselves can afford to insure climate-related catastrophes, writes jC Clark, Arturo CEO. (Credit: Nirut Sangkeaw/Adobe Stock)

If there is anything the past decade has shown us, it’s that climate issues can no longer be relegated to the back burner. The frequency, volatility and severity of catastrophic events are inching upward as communities struggle to predict and prevent repeat disasters.

For insurers, the past year especially has brought sudden operational and economic changes and an urgent need to efficiently address how risks are detected and monitored. The question is, how can it be done?

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