Wesley Terwey

Dr. Wesley Terwey is a senior scientist at Verisk Extreme Event Solutions.

Most Recent

Looking at the 2024 Atlantic Hurricane Season

Most forecasts are for 20 to 25 named storms, 10 to 12 hurricanes and four to six major hurricanes--all well above recent averages.

Six Things

What If Incumbents Become the Innovators?

By Paul Carroll

Matteo Carbone's latest look at Root, a high-profile "disruptor," shows how Progressive has out-innovated it — and can be a model for other insurance giants.

Embedded Insurance Nears Tipping Point

Market growth for embedded insurance exceeds expectations, with auto insurance driving $1.1 trillion projection by 2033.

Are Auto Insurers Now TOO Profitable?

Auto insurance rate increases and the controversy about pandemic windfalls are fueling consumer distrust of carriers.

The Future of Workers’ Comp

Workers' compensation systems need cloud-native transformation to address modern workforce challenges and rising claim severity.

Managing and Insuring Generative AI Risks

As autonomous AI systems outpace traditional insurance frameworks, they create silent exposures that demand innovative risk management solutions.

How AI Transforms Efficiency Into Dominance

Customer churn accelerates as insurers struggle to meet rising expectations, making AI adoption increasingly critical.

Fire Prevention Passes the Tipping Point

Fire prevention technology now demonstrates a clear ROI for insurers, saving $81 annually per home while preventing devastating losses.

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Efficiency vs. Effectiveness: How AI Is Reshaping Standard and Specialty Insurance

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Beyond Insurance: Building Resilience Via Cross-Sector Collaboration

Building Responsible AI Governance: Strategies, Security, and Scaling to Production

The Race to Renewables: Decoding the Competitive Dynamics Reshaping Energy Insurance