New York, June 30, 2025 – Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker, together with Green Shield Risk Solutions is pleased to announce a new report – Aligning Underwriting and Portfolio Analytics: The Key to Resiliency in an Ever-Changing Landscape, which discusses how the tools to measure risk are becoming more crucial as wildfires become a growing concern for portfolio managers.
Matt Cohen, Head of Global CAT Modeling, Lockton Re, said, “Sound analytics at all levels of the business are becoming table stakes for any wildfire portfolio manager. The key to a resilient business? Making sure these analytics communicate with each other to create a holistic approach to wildfire management.”
The report highlights the dramatic surge in wildfire activity across the western United States over the past decade, and the added importance that is now being placed on having the right analytics to navigate this challenging environment. A communicative toolset allows not only for the capture of impactful property-specific risk characteristics, but the propagation of these characteristics to downstream analytics.
“Incorporating secondary modifiers allows underwriters to apply model credits for real-world mitigation, enhancing risk assessment accuracy and potentially lowering reinsurance costs," said Paul Brady, Head of Wildfire Insights and Mitigation, ISA Certified Arborist, WE-15457A, Green Shield Risk Solutions. "Effectively capturing these details is the critical first step to unlocking significant community and portfolio-level benefits."
As the risk of wildfires continues to intensify, portfolio managers need advanced analytics that not only identify property-specific risk but also seamlessly integrate these insights across the insurance value chain, ultimately building greater resiliency.
Read the full report here (opens a new window).