The Acts of God Algorithm
SMG alum Karen Clark changed the catastrophic risk assessment industry by adding scientific data to the computations that had previously been based solely on claims data.
The real-world devastation those numbers attempt to predict — shredded house trailers, capsized SUVs, million-dollar homes tumbling toward the Pacific, the kind of natural disasters Hollywood has turned into a lucrative genre — remain on the periphery of Clark’s vision. Far more captivating are the algorithms that foretell the bedlam.
In this video, Clark discusses the need for insurance companies to reevaluate their risk assessment models – before it’s too late.