Valkyrie Holmes On Climate InsurTech

The insurance industry is on the front lines of climate risk. In order to write profitable policies in high-risk zones, carriers need data and insights that give them an edge — and customers who know how to build climate resiliency.

Enter Faura, an InsurTech startup co-founded by today’s guest, Valkyrie Holmes. Her team have pioneered a new way to produce “survivability” assessments — a measure of a property’s resilience to natural disasters — that has caught the attention of both insurers and real estate professionals looking to navigate an increasingly hazardous market.

Valkyrie unpacks the concept of “survivability” and its importance to those writing and seeking insurance, and explains how Faura’s assessments empower homeowners to proactively reduce their own risk.

She also reflects on the insurance industry’s appetite for innovation and the challenges involved with piloting a disruptive startup in a heavily regulated and complex sector.

Listen below, download from the Podcasts page on Climate Proof, or tune in via Spotify or Apple Podcasts.

We talk about:

👉 Why a focus on “survivability” is important to the future of property insurance and climate resilience

👉 How household-level climate resilience actions can help combat the insurance affordability crisis

👉 Why reforming the flow of data and obligations between policyholders and insurers is vital to the insurance industry’s financial sustainability

👉 How smart climate data can help insurers and real estate companies do more business and make more money in a climate-adjusted world

👉 What Valkyrie’s learned about the insurance industry’s approach to climate risk and innovation

Future guests include Harish Pesala, CEO of SmartResilience, and Nakita Devlin, CEO and Founder of Ric.

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Thanks for listening!

Louie Woodall
Editor