Wednesday, February 28, 2024 (12:00 PM - 1:00 PM) (EST)
The upcoming webinar is for portfolio managers, risk analysts, real estate investors and loan servicers.
It will include an overview of climate-related risk beginning with a review of 2023, a year with a record-breaking number of billion-dollar disasters in the US. Notably, New York State faced significant challenges including September flooding in New York City resulting in substantial damages.
Looking ahead to 2024, New York State ranks second highest at risk for increased precipitation and faces elevated flood threats from both rainfall and rising sea levels.
Solutions discussed will include analyzing historical risk, forecasts for the coming year, assessment of insurance coverages, real-time technology utilization for decision-making, property data aggregation, and real-time communication and tracking systems.