
Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has announced the appointment of Dr. Milan Simic as Global Strategy Advisor.

Simic brings more than 35 years of experience in risk assessment and modelling, engineering research, and consulting.
Most recently, he served as Executive Vice President and Managing Director at Verisk Extreme Event Solutions (formerly AIR Worldwide), where he was responsible for strategy and operations across EMEA and APAC. Earlier in his career, he held positions at Benfield and Atkins.
Clark said, “Appointing Milan as Global Strategy Advisor demonstrates our commitment to our expanding client base.
“By listening to and working closely with insurers in the US, we developed several unique applications perfectly suited to their needs. Now we’d like to hear from wider global markets on what new models and modeling capabilities they’d find most valuable.”
Simic commented, “I’m delighted to be joining KCC as they break new ground in weather, climate, and catastrophe modeling innovation and actively bring new technology to a field that has remained fundamentally unchanged for almost 40 years.
“KCC is disrupting the status quo in this fascinating industry and I’m looking forward to playing a key role in the company’s steep scientific, technical, and commercial ascendancy.”
Clark added, “The catastrophe modeling industry cannot stand still in the face of today’s challenges and opportunities, including quantifying climate change impacts and leveraging AI and machine learning techniques. Milan’s experience and knowledge of the industry make him ideally suited to join the growing KCC team as we expand our mission to provide the most accurate models along with innovative technological solutions globally.”