Conduit Editor-in-Chief, Matt Farquharson, leads a conversation on why good data is essential to providing good insurance. As extreme events become more frequent and patterns more unpredictable, risk management has become increasingly complex. Panellists discuss the evolving field of risk modelling, especially in relation to climate.  

Robert Muir-Wood, chief research officer at Moody’s, explains how traditional models simulate a range of catastrophic events using synthetic data. Caitlyn Healy, senior policy advisor at the UK Cabinet Office, highlights the need for better collaboration between government, insurers, and other sectors to improve risk preparedness. The speakers also discussed the challenges of sharing data, particularly in competitive industries, and the potential for advanced AI to enhance forecasting.