Don’t invest unless you’re prepared to lose all the money you invest. This is a high risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more.
Context: Climate change poses significant risk to insurers of residential and commercial properties, with some already withdrawing from regions hard-hit by wildfires, flooding and extreme weather events (1, 2).
Problem: Assessing a property's level of exposure to extreme weather and climate change is difficult and time-consuming. So is the process of verifying and assessing claims, as the site of a landslide, severe flood or wildfire can remain inaccessible for weeks after the event.
Solution: Leverage recent developments in satellite imaging (eg: SAR) and computer vision to help property insurers price climate risk and verify claims.
Sources:
1: https://www.theguardian.com/us-news/2023/may/27/state-farm-home-insurance-california-wildfires
2: https://www.theguardian.com/us-news/2023/jul/12/florida-farmers-insurance-climate-crisis
GreenCode is (will be) an automated software decarbonisation pipeline and developer’s toolkit that leverages state of the art NLP practices and green (low-energy cost) generative AI techniques to reduce the cost and carbon footprint of software products and services, and by implication the wider ICT sector, while simultaneously boosting the productivity of development teams, and improving software quality and resiliency. This is a well-defined industry led (real applications) 3-year R&D project involving a consortium of leading universities/research organisations and business partners from around Europe that is in the final stages of signoff. I am looking to form a team (chief commercial officer and maybe chief technical officer (though I will always be close to the tech)) to help me commercialise it, as products emerge from the project from Jan 2025 (ish). Happy to answer questions, get feedback, have holes blown through it!
