Advertisement

http://insurancethoughtleadership.com/wp-content/uploads/2014/04/bg-h1.png

[sendtokindle]

Nick Lamparelli

Nick Lamparelli

Nick Lamparelli has been working in the insurance industry for nearly 20 years as an agent, broker and underwriter for firms including AIR Worldwide, Aon, Marsh and QBE. Simulation and modeling of natural catastrophes occupy most of his day-to-day thinking. Billions of dollars of properties exposed to catastrophe that were once uninsurable are now insured because of his novel approaches. When not diving into complicated modeling cases, Nick can be found diving around the fields and courts of Southern California for softballs and basketballs.

Recent Articles by Nick Lamparelli

Modeling Flood — the Peril of Inches

“Baseball is a game of inches” – Branch Rickey Property damage because of flooding is quite different from any other catastrophic peril such as hurricane, tornado or earthquake. Unlike with those perils, estimating losses from flood requires a higher level of geospatial exactness. Not only do we need to know precisely where that property is located […]

San Andreas — The Real Horror Story

For the past two weeks, the disaster movie “San Andreas” has topped the box office, taking in more than $200 million worldwide. The film stars Dwayne “The Rock” Johnson, who plays a helicopter rescue pilot who, after a series of cataclysmic earthquakes on the San Andreas fault in California, uses his piloting skills to save […]

Flood Insurance at the Crossroads

News outlets around the country are broadcasting the horrible scenes from Northern Mexico, Texas and Oklahoma of devastating floods that have killed many. Once tallies are completed, property damage will likely be in the billions of dollars. Once again, a disaster raises interest not only in the insidious nature of catastrophic flooding, but in how […]

Catastrophe Models Allow Breakthroughs

“In business there are two ways to make money; you can bundle or you can unbundle.” –Jim Barksdale We have spent a series of articles introducing catastrophe models and describing the remarkable benefits they have provided the P&C industry since their introduction (article 1, article 2, article 3, article 4). CAT models have enabled the […]

How CAT Models Lead to Soft Prices

In our first article in this series, we looked back at an insurance industry reeling from several consecutive natural catastrophes that generated combined insured losses exceeding $30 billion. In the second article, we looked at how, beginning in the mid-1980s, people began developing models that could prevent recurrences of those staggering losses. In this article, […]

Riding Out the Storm: the New Models

In our last article, When Nature Calls, we looked back at an insurance industry reeling from several consecutive natural catastrophes that generated combined insured losses exceeding $30 billion. Those massive losses were a direct result of an industry overconfident in its ability to gauge the frequency and severity of catastrophic events. Insurers were using only […]

When Nature Calls: the Need for New Models

The Earth is a living, breathing planet, rife with hazards that often hit without warning. Tropical cyclones, extra-tropical cyclones, earthquakes, tsunamis, tornados and ice storms: Severe elements are part of the planet’s progression. Fortunately, the vast majority of these events are not what we would categorize as “catastrophic.” However, when nature does call, these events […]

Connect With Nick Lamparelli

Connect with Dave Walker on LinkedIn

  • Brokers & Agents
  • Disaster Planning & Recovery
  • Innovation & Technology
  • Insurance Law