Monica Mason on Catastrophe Modeling

My guest for this episode is Monica Mason, head of catastrophe analytics as Trans Re. Catastrophe modeling is an analytical field of insurance concerned with predicting the cost of all kinds of natural disasters: hurricanes, earthquakes, tornadoes, floods, wildfires, etc.  We go very deep into the nuances of catastrophe modeling and touch on a few universal truths for complicated risk-taking businesses like reinsurance:- How reliant should you be on external vendors for IP that could save or destroy your organization?- What are the most valuable parts of these complex systems?- How well do duopolists respond to customer needs?This interview is one of a series of talks I recorded with reinsurance professionals at Trans Re after my initial show Trans’ CEO Mike Sapnar. I get really deep into reinsurance topics with black belts in various sub-domains: catastrophe modeling, reinsurance claims, medical malpractice, reinsurance underwriting and reinsurance finance. This is not an intro course, folks, more like a post-doctoral fellowship. Podcasting is a fantastic medium to sink your teeth into the topics insiders themselves struggle with every day on the job and I couldn’t be more proud to celebrate the intellectual depth and sophistication of reinsurance with you all. Show notes at:https://notunreasonable.com/?p=7394Twitter: @davecwrightSurprise, It's Insurance mailing listLinkedin Social Science of Insurance Essays