InsTech - insurance & innovation with Matthew Grant & Robin Merttens

David Wood, JBA Risk Management & Jochen Papenbrock, NVIDIA: Showing the world how to revolutionise modelling (357)


Listen Later

How can AI weather models improve the accuracy and scale of catastrophe modelling?

Matthew Grant is joined by David Wood, Managing Director at JBA Risk Management, and Jochen Papenbrock, Head of Financial Technology (EMEA) at NVIDIA, to explore how accelerated computing is unlocking new ways to simulate and manage flood risk.

JBA has long been a pioneer in flood modelling, while NVIDIA’s GPU technology has helped drive the recent breakthroughs in AI and generative modelling. Together, they discuss how high-resolution simulations, new ensemble methods and open-source tools are pushing the limits of what’s possible in climate and catastrophe analytics.

Key Talking Points:

  • The early bet – how JBA’s adoption of GPU computing over a decade ago made national-scale flood mapping possible
  • From gaming to GenAI – how NVIDIA's evolution from graphics to AI led to the development of physics-informed weather models
  • Ensemble power – why running 1,000+ simulations helps capture more extremes than the historic record ever could
  • Event sets reimagined – how AI models are enabling richer, more diverse flood scenarios for Europe and beyond
  • Real-time relevance – the potential to use AI models to simulate how a flood might unfold, as it’s happening
  • Making AI usable – how Earth-2 Studio and open-source frameworks are opening up generative models to catastrophe modellers
  • Proving value – how NVIDIA and JBA worked together to quantify the benefits of faster, more flexible modelling approaches
  • Looking ahead – why cross-sector collaboration will be essential to turn acceleration into real-world impact
  • If you like what you’re hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn

    Sign up to the InsTech newsletter for a fresh view on the world every Wednesday morning.

    Continuing Professional Development

    This InsTech Podcast Episode is accredited by the Chartered Insurance Institute (CII). By listening, you can claim up to 0.5 hours towards your CPD scheme.

    By the end of this podcast, you should be able to meet the following Learning Objectives:

    • Explain the role of ensemble modelling in capturing rare or unseen flood events.
    • Define the concept of physics-informed AI and its relevance to catastrophe modelling.
    • Identify opportunities for applying generative weather models to real-time exposure and risk management.
    • If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 357 page of the InsTech website or email [email protected] to let us know you have listened to this podcast.

      To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.

      ...more
      View all episodesView all episodes
      Download on the App Store

      InsTech - insurance & innovation with Matthew Grant & Robin MerttensBy InsTech

      • 4.6
      • 4.6
      • 4.6
      • 4.6
      • 4.6

      4.6

      9 ratings


      More shows like InsTech - insurance & innovation with Matthew Grant & Robin Merttens

      View all
      EconTalk by Russ Roberts

      EconTalk

      4,226 Listeners

      a16z Podcast by Andreessen Horowitz

      a16z Podcast

      1,027 Listeners

      The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

      The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

      514 Listeners

      The Rugby Pod by The Ringer

      The Rugby Pod

      337 Listeners

      Fintech Insider Podcast by 11:FS by 11:FS

      Fintech Insider Podcast by 11:FS

      189 Listeners

      Masters of Scale by WaitWhat

      Masters of Scale

      3,985 Listeners

      Behind the Money by Financial Times

      Behind the Money

      222 Listeners

      The Voice of Insurance by The Voice of Insurance Mark Geoghegan

      The Voice of Insurance

      25 Listeners

      The Prof G Pod with Scott Galloway by Vox Media Podcast Network

      The Prof G Pod with Scott Galloway

      5,295 Listeners

      Making Risk Flow | The Future of Insurance by Cytora

      Making Risk Flow | The Future of Insurance

      3 Listeners

      The Rest Is Politics by Goalhanger

      The Rest Is Politics

      3,106 Listeners

      The Rest Is Politics: Leading by Goalhanger

      The Rest Is Politics: Leading

      972 Listeners

      Unhedged by Financial Times & Pushkin Industries

      Unhedged

      143 Listeners

      The Rest Is Money by Goalhanger

      The Rest Is Money

      235 Listeners

      The Rest Is Politics: US by Goalhanger

      The Rest Is Politics: US

      2,268 Listeners