The insurance industry has made meaningful progress in understanding natural catastrophe risk — particularly when it comes to modeling hazard. We can now predict, with far greater precision, where wildfires, hurricanes, and earthquakes are likely to strike. But what remains elusive is how individual buildings will actually perform when they do.

That was the focus of a recent panel hosted by Insurtech Insights, where CEO Omar Issa joined leaders from Palomar, Milliman, and ClimateTech Connect to discuss what it will take to maintain stability and enable growth in high-hazard regions. The conversation reinforced what many in the industry already sense: the challenge is no longer predicting the event, but anticipating performance at the property level.

Most property underwriting systems still lack the visibility needed to assess building-level vulnerability in a consistent and scalable way. This gap doesn’t just impact loss ratios — it influences underwriting confidence, market participation, and the ability to differentiate risk beyond a zip code. It’s not uncommon for two buildings on the same block to have entirely different structural resilience profiles, yet be priced and treated as equivalent exposures with existing workflows. That disconnect introduces noise into every part of the value chain — from pricing to reinsurance to regulation.

We also discussed how collaborative efforts between carriers, technologists, and researchers can accelerate progress. For ResiQuant, industry partnerships have been critical to shaping how engineering insight becomes underwriting intelligence. When that collaboration is strong, academic models turn into usable tools. And when resilience becomes measurable, it becomes something the industry can actually price, reward, and scale.

This is where the conversation is headed — and where the innovation needs to follow.

The full session is available to watch here:
👉 Watch the discussion