In this episode of Mission Possible, Ann Braithwaite speaks with Sam Ketley about the interplay between the insurance sector and natural hazards, particularly in the context of New Zealand. 

Sam Ketley is the Head of Innovation, Commercial Risk Solutions at APAC, making him an amazing guest to chat about what natural hazards are doing to people's insurance.

They discuss the challenges of silos in the industry, the potential of parametric insurance, and the need for innovative solutions to address the increasing risks posed by natural disasters. The conversation emphasizes the importance of community awareness, individual responsibility, and the role of data and AI in enhancing resilience. Sam shares his moonshot idea for integrating financial and physical mitigation strategies to create systemic solutions for communities. Plus an Old Ways, New Ways about the Mayans,  and how we can use their wisdom to solve modern problems.

Ann Braithwaite is a facilitator, systems thinker, strategic change adviser, foresight practitioner that helps leaders find paths through complex issues.

To reach out to Ann:

https://www.annbraithwaite.com/

https://www.linkedin.com/in/annbraithwaite/

Chapters

00:00 Introduction to Mission Possible

01:45 Chat with Sam Ketley: Exploring the Natural Hazard Sector

04:01 Silos in Insurance and Natural Hazards

07:59 Understanding Parametric Insurance

11:03 Innovations in Insurance and Risk Management

14:58 Micro and Macro Resilience Strategies

19:05 The Role of Data and AI in Risk Management

23:08 Community Awareness and Individual Responsibility

27:05 Moonshot Ideas for Systemic Change

35:02 Conclusion and Reflections on Collaboration

39:30 Old Ways, New Ways: The Mayans