The Wrong Model for the Wrong Job With Roy Wright

In this episode of Risky Science, recorded at ClimateTech Connect in April, IBHS CEO Roy Wright breaks down why catastrophe models were never designed to price individual risk, why mitigation only works at the neighborhood level, and why insurance markets start to fail when price signals drift away from underlying risk.

Creators and Guests

Host

Christopher Westfall

Editor, Owner Risk Market News

Guest

Roy Wright

Roy Wright is president and CEO of the Insurance Institute for Business & Home Safety (IBHS)

What is Risky Science Podcast?

The Risky Science Podcast features conversations with scientists, insurers, investors, portfolio managers, and others about the evolving science of predicting and modeling risk across both natural and man-made perils.