Analysis

ValueSpace: The insurtech planning to improve insurers’ combined operating ratios by de-risking dams

By 2022-10-21T11:14:00

Scottsh dam

The former Lloyd’s Lab participant believes dam failure can be classified as a black swan event

When it comes to dams, there are two intertwined challenges affecting this industry - the fact that dam infrastructures are deteriorating due to their age, while the rapid pace of climate change is further pushing these buildings to breaking point.

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