The Demex Group
@TheDemexGroup
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Breakthrough reinsurance solutions for secondary weather perils.
New York City, NY
Joined August 2020
Insurance was built for yesterday’s risks. 🌍 On Earthlings 2.0, Bill Clark, former CEO of the Demex Group, explains how climate change + secondary perils are straining insurers — and why data modeling is critical for resilience. 🎧 Listen: https://t.co/OXjVcBLJa3
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We're shortlisted for Underwriting Innovation of the Year - Insurance Insider US Honors. With six of the world's leading reinsurance brokers facilitating the purchase of $141million in aggregate reinsurance cover for SCS, since we launched, our fingers are crossed! #InsiderHonors
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@TheDemexGroup was part of severe convective storm discussions and their existential threat to insurers on #CNBC with @contessabrewer . The more the impact of storm losses is discussed, the better for increased solutions. Demex proud to be leading the way
cnbc.com
Government scientists predict an above average hurricane season with 3-5 major hurricanes.
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Matt Coleman, our Chief Risk Officer joins @GuyCarpenter , @AMBestCo , @NAMIC, P&C Specialist execs for session - 'How Does Insurance Respond to Increasing Secondary Perils' at Society of Insurance Research conference May 5 https://t.co/hoHeaxI9KK
#reinsurance #SevereThunderstorm
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We are excited to launch our company-wide rebranding as the Demex journey to provide reinsurance for secondary perils continues. We’ve updated our company logo and every aspect of our visual identity, and we’ve launched our all-new website.
linkedin.com
We are excited to launch our company-wide rebranding as the Demex journey to provide reinsurance for secondary perils continues. We’ve updated our company logo and every aspect of our visual identi...
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We're looking for a technologist to join our team building financial climate resilience for companies around the world. Connect if this looks like you or someone you know!! https://t.co/7nklK8OdWS
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Steve was back with the Cheddar Climate Team talking about the latest IPCC assessment and impacts to business. https://t.co/2VNbQIGi3A
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Risk management plays a key role. Insurers and Financial Services provide capital to mitigate losses and make proactive investments that build climate resilience for businesses around the world. https://t.co/t9Puc5fmcv
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Over 158 million people (roughly 1/2 Americans!) find themselves under an Excessive Heat Watch or Warning (maroon and magenta respectively), or Heat Advisory (orange) as yet another heat wave impacts the nation. Stay hydrated, cool, and limit time outdoors if you're affected!
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The other side of the European Heat Wave:Humid ! On 11 August the small Sicilian island of Ustica recorded a deadly dew point of 31.5C (with a temperature of 33.0C). If the hygrometer is reliable,this would be the second highest dew point ever recorded in Europe.(<32.0C Cagliari)
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Our cofounder Steve talked about climate risk and business impacts with David Westin coast-to-coast on Bloomberg Radio. Check it out! https://t.co/GU6YHAcwAO
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Italy sets new all time heat record as temp in Sicily hits 119.8F/48.C https://t.co/OwC0yfhKLr
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Over half of the population is under either a Heat Advisory or Excessive Heat Watch/Warning this evening. Heat indices up to 110 will affect the Mississippi Valley tomorrow, while in the PNW and Northeast highs into the upper 90s and low 100s will persist into the early weekend.
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Scorching hot around the central Mediterranean. Notable +47°C in Sicily.
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Update on the Mediterranean heat Wave: The Algerian town of Bejaia with 48.4C beat its all time record by a very remarkable margin of 3.1C (45.3C). The temperatures between 48C and 49C recorded today are near the highest ever recorded anywhere in Africa on coastal areas.
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Extreme weather events such as heatwaves, extreme cold spells, flooding rain, blizzards, droughts, and wildfires are changing. The past is not a prologue for future extreme weather events. Business planning should account for forward-looking assessments https://t.co/iVXJxVKxrK
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