Reinsurance News

Lockton partners with Four Twenty Seven to provide climate data

10th March 2021 - Author: Katie Baker

Lockton Global Real Estate & Construction has entered into a partnership with Four Twenty Seven, an affiliate of Moody’s, in order to help clients integrate climate science into business decisions.

Four Twenty Seven uses data-driven risk analysis to score assets’ exposure to the physical risks associated with climate change and other environmental issues.

Steve Rust, a Real Estate and Construction Partner at Lockton commented: “Right now, it’s more important than ever for the real estate and construction sectors to better prepare themselves for the great risk that climate change holds globally.

By harnessing the power of data, especially in relation to locations, Four Twenty Seven can help us additionally support clients with invaluable awareness of long-term climate risks, allowing them to make better informed decisions, and plan a strategy for the future.

“This is an exciting opportunity and we look forward to building a productive, forward-thinking partnership.”

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Emilie Mazzacurati, Global Head of Moody’s Climate Solutions and Founder & CEO of Four Twenty Seven added: “Understanding an asset’s exposure to hazards such as floods, storms and wildfires is critical to risk management processes, including decisions around insurance and asset-level resilience investments.

“We’re delighted to partner with Lockton to help a broader range of stakeholders access forward-looking information on their climate risk exposure.”

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