Jupiter in the news

“Currently, the world overall is repeating the mistakes of the COVID pandemic and the Global Financial Crisis – it is too slow to recognize and respond to enormous and imminent impacts on citizens and corporations,” says Rich Sorkin, CEO of Jupiter.

Zurich North America Insurance has selected Jupiter as one of two finalists to represent North America in the Zurich Innovation Championship. The global competition is designed to create collaborations between Zurich and insurtechs and bring new ideas and energy to the forefront.

Jupiter will use its technology to help the insurance group predict the financial effect of natural disasters such as floods.

A new report warns three Houston-area petrochemical facilities are “highly vulnerable” to costly impacts from climate change. Jupiter estimated the plants would see three to eight times more damage from “extreme” flood events within the next 10 years.

In the report, Jupiter notes that the “very functionality” of the properties could be threatened in the coming decades if designs are not upgraded to prepare for climate change and could result in millions of dollars in equipment damages.

Jupiter CEO Rich Sorkin discusses climate change, adaptation & resiliency, and more with Jason Jacobs on this episode of the My Climate Journey podcast.

“What’s as alarming is the real possibility, if not probability, that utility operators who rely on FEMA data are either ignoring or badly underestimating the scope of the actual flood risk they face,” Jupiter CEO Rich Sorkin said.

Jupiter CEO Rich Sorkin writes in POWER Magazine about how climate effects are expected to have outsized impacts on the infrastructure and operations of major public utilities in the coming decades.

As Jupiter CEO Rich Sorkin sees it, the reality of what the real estate market is in for if climate change continues unabated has yet to sink in.

Aon has announced a collaboration with Jupiter that will assist global financial institutions in navigating the increasing volatility resulting from climate change.

NOAA and climate analytics company, Jupiter Intelligence, signed a formal agreement to advance understanding of coastal ecosystems, precipitation and water level predictions. The goal of the partnership is to support community response to coastal risks to mitigate effects of climate change.

Jupiter today announced a new collaboration with Boston Consulting Group (BCG), a global consulting firm and leader in the climate space, that will incorporate Jupiter’s best-in-class climate analytics into BCG’s existing ClimateImpact.AI platform.

Jupiter Promise will provide best-in-class climate risk analytics to protect sensitive natural areas and estimate future heat and water stresses associated with climate change in Colombia.

With an initial focus on Bain’s global Financial Services practice, this partnership will help Bain’s clients in banking and insurance to build a rich understanding of their exposure to physical risks, much beyond regulatory requirements.

Jupiter Adds New Metrics For Extreme Cold And Local Water Stress To ClimateScore Global Analytics Platform.

Jupiter, the global leader in climate analytics for resilience and risk management, announced today that Betsy Weatherhead has rejoined the company as Special Representative to the Scientific Community.

Jupiter announced the launch of the Jupiter Promise—a program to make Jupiter’s services available at little to no cost to underserved countries and communities suffering most from the effects of climate change. In this far-reaching initiative, Jupiter plans to reach more than 20% of the world’s population, partnering with at least 20 additional NGOs by the end of 2023.