Strategies that Optimize for Climate Risk Realities: Case Studies in Banking and Insurance

Research to Impact

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Climate datasets are becoming increasingly available, offering businesses new ways to measure risk, build products, and navigate environmental shifts. For example, FEMA’s massive open-data repository includes historical flood insurance records dating back to 1978, inclusive of both policies and claims. 

By applying machine learning and advanced geospatial analytics, businesses can translate topography and climate into actionable decisions. Join us for a deep dive into new ways climate data is being explored to create new products and solutions to address increasingly complex challenges.

Location: Council Room

Panelists

About the Speakers

Perry Beaumont, Ph.D., is a Senior Program Manager at Amazon, and occasional Lecturer at Columbia University and Yale. He is the author of several books related to data science applications in business, and “Digital Finance: Big Data, Start-ups, and the Future of Financial Services” was nominated for Best Business Reference of the year. Perry has been bestowed with many industry honors inclusive of being named a Dataiku Neuron two years in a row, and receiving Dataiku’s Frontrunner award for contributions to AI and sustainability. 

At Amazon, Perry works in the global real estate division, he previously served as a global Product Manager for AWS. He certified as an AI Educator and holds several AWS technical certifications. He is also the recipient of a U.S. patent for a novel process related to combining statistical distributions. Perry’s global financial services experience is extensive, inclusive of serving as the first Chief Data Scientist for a P&C MGA, Chief Strategist of asset management firms, and launching successful fintech startups. Perry has also led business teams in Europe and Asia, and served as the Global Head of Market Strategies at AXA while based in Paris, France. 

Perry is passionate about GenAI, Geospatial analytics, and business applications of tech. He enjoys mentoring, and is an active volunteer in academic and business programs focused on advancing opportunities for youth, as well as initiatives related to civil rights and justice. Perry is also committed to ethical applications of data science, and his views are prominently featured in the award-winning documentary Data Science Pioneers.

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Shravan Bhat, M.A. Global Affairs ‘17, Jackson School of Global Affairs, is a manager within RMI’s Climate Finance program. His areas of focus are the coal-to-renewables transition, decarbonizing heavy industries, and blended finance.

Shravan joined RMI in 2020 as a marketing lead for the Center for Climate-Aligned Finance. Prior to joining RMI, Shravan was a reporter with Power Finance and Risk in New York, covering renewable energy project finance across the Americas. Before that, he obtained his master’s degree from Yale University’s Jackson Institute for Global Affairs, where he focused on financing renewable energy projects in developing countries. Shravan began his career as a journalist with Forbes magazine in Mumbai.