Jupiter in the news

Jupiter CEO Rich Sorkin speaks to MarketWatch about the critical need for climate analytics in the insurance industry and the concept of “duration mismatch.”

The HuffPost reports on the multiple concurrent and sequential weather and climate events around the world referencing Rich Sorkin, Jupiter CEO as an industry expert. “There’s a cautious scientific perspective where you can look at the data and it’s clearly getting warmer and we’re seeing increased extreme events and economic costs, but you can’t tie any one event back to climate change in a scientifically rigorous way…. There is also an awful lot of support for global warming being the driving event for the increased intensity and frequency of severe events and perspective from those who say the world is burning down and yesterday was too late to do anything about it.”

Commercial Risk covers Jupiter’s new partnership with Aon and explores how Jupiter will assist Aon’s clients in quantifying climate risks.

“If you hold a mortgage, or a commercial loan for real estate, even if you assume that it’s going to get refinanced, you have to evaluate what the economic environment is going to be at the time it’s refinanced,” Sorkin added. “Now people don’t price [climate risk] in, but they will in 10 years.” —Jupiter CEO Rich Sorkin speaks with Commercial Observer about the expanding requirements and demand for “climate intelligence” to inform investment decisions.

Axios covers Jupiter’s new collaboration with Boston Consulting Group and speaks with Jupiter CEO Rich Sorkin about the company’s partnership strategy.

Meghan Purdy, Jupiter’s Lead Climate Product Manager, joined a panel of experts to discuss fundamentally changing the approach to natural catastrophe modeling.

Jupiter CEO Rich Sorkin speaks to GreenBiz about how Jupiter is expanding to meet the growing interest and requirements in climate analytics and insights. Increasing number of global companies use Jupiter’s flagship ClimateScore to assess the physical impact of what Sorkin calls “climate pollution.”

“Jupiter is one of the leading corporate players working to help reduce the climate risks to the public and private sectors,” says Axios in their continuing coverage of Jupiter’s Series C investment round, while Jupiter CEO Rich Sorkin reveals that the company is developing new services and plans to add 50 people to its workforce.

$15 billion in damages; record insurer losses; a 10-year high in payouts, all in the first half of 2021 and even before Hurricane Ida has been factored in. In the face of a rapidly changing climate, Jupiter helped FEMA develop Risk Rating 2.0 using climate risk modeling. “I think most people inside FEMA would like to be moving much faster than they have the resources or permission to do,” Jupiter CEO Rich Sorkin told The American Prospect.

Jupiter Adaptation Hub becomes the first platform to deliver audit-ready adaptation ROI using real resilience construction economics—purpose-built for capital allocators.

Arcadis, the world’s leading company delivering sustainable design, engineering, and consultancy solutions for natural and built assets, today announced the launch of its global strategic partnership with Jupiter Intelligence, a global leader for extreme weather risk and adaptation analytics.

Natcap and Jupiter Intelligence have joined forces to deliver an integrated approach for assessing physical climate and nature risks. The collaboration leverages Jupiter’s trusted physical climate risk analytics alongside Natcap’s expertise in nature risk, delivering decision-grade insights that enable businesses to measure, report, and manage their climate and nature risks within a unified risk framework.

JLL (NYSE: JLL) today announced it is expanding a strategic collaboration with Jupiter Intelligence to integrate climate analytics capabilities into its Risk Advisory platform. This upgraded platform addresses a growing demand as property owners, investors and lenders continue to recognize the impacts of climate risks on financial returns across their portfolios.

Backed by Jupiter’s Gold Standard Climate Science, Institutions Can Now Assess Climate Exposure, Measure Financial Impact, and Quantify Adaptation ROI Anywhere in the World

Jupiter, the trusted leader in climate risk analytics, today announced the launch of Jupiter AI, a new generative AI agent that revolutionizes the way businesses predict their financial exposure to the physical risks of climate change.‍

The Nature Conservancy Colombia y Jupiter Intelligence se unen con Organizaciones de Pueblos Indígenas y Comunidades Locales de la cuenca del río Caquetá impulsando decisiones informadas y empoderando a la comunidad para participar activamente en la definición de estrategias para un futuro sostenible.

Jupiter, the trusted leader in climate risk analytics, announced its renewed partnership with The Nature Conservancy (TNC) in Colombia, as part of The Jupiter Promise program. This collaboration aims to leverage expertise and combine efforts to cocreate strategies that address the impacts of climate change on indigenous communities within the vital, diverse and culturally rich Amazon region.

Jupiter, the trusted leader in climate risk analytics, today announced that as part of The Jupiter Promise program, it has partnered with the Institute of Himalayan Risk Reduction (IHRR), to help identify changing risks from extreme weather events and the impacts they pose to vulnerable communities across Nepal.