International Society of Catastrophe RAA 2019

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1 International Society of Catastrophe RAA 2019 Nick DiMuzio, President, AXA info@catmanagers.org RAA Cat School, General Session - February 27, 2019 Portofino Bay Resort - Orlando, FL

2 Promote catastrophe management professionalism within the insurance industry Global organization with members in over 25 countries Provides forums for exchange of ideas, understanding current catastrophe management issues, and networking among catastrophe managers. - RAA Cat Conference February 26,

3 Foundational Principals 1. Exchange of Ideas 2. Understanding Current Catastrophe Management Issues 3. Create a Network of Catastrophe Managers - RAA Cat Conference February 26, 2019

4 Executive Board Past Presidents Council - RAA Cat Conference February 26, 2019 Board of Directors 4

5 United States London Zurich Chapters India China Singapore - RAA Cat Conference February 26,

6 Events 3 rd Annual Seminar: New York City & Chicago Multiple speakers, panels and discussions Hurricane Clustering Panel in London Joint effort with The Institute and Faculty of Actuaries and Lloyd s of London RAA Cat Conference Pre-Conference Cat Basics session Focused on Quake, Hydrology, Wind and Hail September 2017 / icas Cat Risk Management ization 6

7 What is it? Joint effort/partnership between the and icas Recognizes of the level of professionalism and value that has been brought to the management of catastrophe risk over the past quarter of a century s is unique in the catastrophe modeling space - RAA Cat Conference February 26,

8 What Does It Do For Our Industry? Establishes educational standards for catastrophe risk professionals and the insurance industry Provides recognition of knowledge and expertise Demonstrates experience in hands-on practical applications Sets credential-holders apart from others in the industry Advances both knowledge and practical skills Prepares a specialist for additional job responsibilities Advances careers based on expert knowledge and skills - RAA Cat Conference February 26,

9 Two Tiers of Designation - RAA Cat Conference February 26,

10 Exam Availability Exam 1 Available beginning Oct 15, 2018* Exam 2 Available April 15, 2019 Exam 3 Anticipated July 15, 2019 Exam 4 Anticipated January 15, 2020 Ethics Course Available now on-demand Exams administered by The Institutes at Prometric test centers during four twomonth testing windows annually *Alternative industry exams may replace CSCR Exam 1 - RAA Cat Conference February 26,

11 Experienced Industry Practitioner Requirements Demonstrate mastery of required subject matter for both Tiers of credentials Minimum experience requirement Must be nominated by another EIP or member of the Advisory Committee Application Outline of specific work examples demonstrating competencies Provide references to confirm Review Advisory Committee Committee Other Experienced Practitioners Approval - Advisory Committee - RAA Cat Conference February 26,

12 - RAA Cat Conference February 26,

13 @iscm_cat RAA Cat School, General Session - February 14, 2018 Portofino Bey Resort - Orlando, FL

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