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Industry Work on satellite Earth Observation for Re/Insurance

23-24 February, ESA-ESRIN, Frascati, Italy

The European Space Agency is hosting an insurance industry workshop in ESA-ESRIN in Frascati, Italy on 23rd and 24th of February 2012. Earth Observation (EO) data and services can deliver significant benefits to the scientific, public and private sector communities and this workshop examines the potential value of this data to the insurance industry.
This will be a unique gathering, bringing together colleagues from the Insurance and Reinsurance communities with the Earth Observation community to address the real challenges that we face in the drive to realise the benefits of using EO information in global insurance processes and products.

Objectives for the Workshop

  • To ensure that the re/insurance community is aware of current and new generation Earth Observation capabilities
  • To provide an opportunity for key personnel from both insurance and space industries to exchange ideas and develop new possibilities
  • Identify blockages to increased uptake of Earth Observation based services, short and long term
  • Develop ideas for new innovative Earth Observation products relevant to the Re/insurance industry
  • To communicate Re/insurance requirements to satellite operators and service providers, so that the space sector can work to meet these requirements

Outline programme as follows:

  • Presentations from insurance and Earth Observation Data experts
  • Presentation of a real event scenario to stimulate discussion and ideas on how insurance can utilise earth observation data
  • Break-out sessions focusing on different insurance requirements and uses for Earth Observation Data
  • Panel discussions on future activities, key constraints and recommendations
  • Final Workshop report is likely to include possible “innovative” insurance tools, set of requirements for EO products and services, and a roadmap for future activities.

The European Space Agency is hosting an insurance industry workshop in ESA-ESRIN in Frascati, Italy on 23rd and 24th of February 2012. Earth Observation (EO) data and services can deliver significant benefits to the scientific, public and private sector communities and this workshop examines the potential value of this data to the insurance industry.
This will be a unique gathering, bringing togethe colleagues from the Insurance and Reinsurance communities with the Earth Observation community to address the real challenges that we face in the drive to realise the benefits of using EO information in global insurance processes and products.

Organising Committee

Fiona Shaw – Willis
Neil Smith – Lloyds
Jens Mehlhorn – Swiss Re
Ola Gråbak – ESA
Gary Timms – EARSC

Contact Points

Workshop Co-ordination
Earth Observation R&D Team
email: envmail@esa.int

Participation and fees

No participation fees will be charged. Participants are
expected to finance their own travel and accommodation
expenses. The workshop is open to:
• Reinsurers, Insurers, Brokers
• Risk Management Experts, Risk Modellers etc
• Earth Observation service providers
• Other Stakeholders: World Bank, IFAD, WFP, IFC, GFDRR, NGOs

Registration and Information
Further information can be found at http://earth.eo.esa.int/workshops/Insurance