Sam Contractor

Reinsurance professional, InsurTech

[Sam Contractor @contractor18579]

Insurance cat risk modeling is highly inefficient. The same set of exposure data is frequently analyzed by hundreds of individuals across multiple companies, each applying their own distinct VoR. If this isn’t inefficiency, what is?💸
#Insurance #RiskModeling #catastrophemodeling

[Sam Contractor @contractor18579]

@AndrewSiffert I agree! While recent catastrophic events have caused significant losses, they should not be singularly framed as the reason for urgent climate action.

[Sam Contractor @contractor18579]

We need to ignite a conversation and collaborate with like-minded professionals to rethink catastrophe risk modeling from the ground up.

#InsuranceInnovation #CatastropheModeling #DataDrivenFuture #NewYearResolution

[Sam Contractor @contractor18579]

As we welcome 2025, my New Year’s professional resolution is to shed light on the inefficiencies in catastrophe risk modeling and analytics within the insurance industry.

#InsuranceInnovation #CatastropheModeling #DataDrivenFuture #NewYearResolution

[Sam Contractor @contractor18579]

It’s time for a paradigm shift. Let’s challenge conventional methods and embrace innovative, data-driven solutions that break away from the status quo.

#InsuranceInnovation #CatastropheModeling #DataDrivenFuture #NewYearResolution

[Sam Contractor @contractor18579]

Very interesting data from @fema and @ARA_News_Events on #hurricanemiltom and #HurricaneIan
#Milton #Ian #insurance #Reinsurance

[Sam Contractor @contractor18579]

Anyone know what’s up with the low PCS loss estimates for Hurricane Milton? Why are they so low? #HurricaneMilton #Milton #Insurance #Reinsurance #PCS @Verisk

[Sam Contractor @contractor18579]

@SteveBowenWx What might be the root cause for this decrease?

[Sam Contractor @contractor18579]

Forward-looking catastrophe models for wildfires!! https://t.co/KDi0i6LiO0

[Sam Contractor @contractor18579]

@artemisbm Not sure how this large rage is helpful that is based on only 4 data point!! #statisticallyinsignificant

[Sam Contractor @contractor18579]

Targeting higher attaching layers in the changing climate is a very obvious with current climate and market conditions, however this might due to lack of data and our understanding of CC for tail events. We should not forget the large uncertainties there!
#ILS #reinsurance

[Artemis.bm @artemisbm]

ILS allocations can generate attractive returns despite changing climate: LGT https://t.co/gS3Xwusbgu

[Sam Contractor @contractor18579]

ASO ONI was used to define ENSO stage.

[Sam Contractor @contractor18579]

Hey everyone, has anyone noticed a similar relative pattern between ENSO and US hurricane losses? Your insights are appreciated! 🌀
Copying some experts here: @philklotzbach @AndrewSiffert
#ENSO #LaNina #hurricane #insurance #Catastrophe

[Sam Contractor @contractor18579]

@WSJ @jonsindreu Efficiency and standardization in insurance analytics are the key areas where insurtech can make a big difference. They need to think big, reallly big!

[Sam Contractor @contractor18579]

@philklotzbach Curios about the uncertainty around this forecast for JAS.