Nancy P. Watkins is a principal and consulting actuary who leads Milliman’s San Francisco P&C practice that specializes in climate resilience, insurtech and catastrophic property risk.   At the forefront of innovation in these areas, Nancy and her team provide state-of-the-art tools, technology, and analysis to insurers, reinsurers, financial institutions, government entities and trade groups.  Their engagements include use of complex models and new data sources for insurance innovation, independent evaluation of catastrophe models, estimation of mitigation credits for ratemaking, and exploring ways to communicate risk to consumers to promote climate resilience and long-term insurance access.

Widely known as a thought leader in the areas of property insurance availability and affordability, Nancy leads the global Milliman Climate Resilience Initiative.  She represents the insurance industry on the California Office of the State Fire Marshal Risk Modeling Advisory Workgroup of the Wildfire Mitigation Advisory Committee.  She serves on the United Nations Capital Development Fund’s Climate Insurance Linked Resilient Infrastructure Finance Working Group to pilot climate adaptation financing for emerging markets and least developed countries.  She also serves on the Advisory Board of the Wharton Risk Center Policy Incubator, advising on innovative risk transfer instruments from coastal disasters.  She was awarded the American Academy of Actuaries Outstanding Volunteerism Award for her participation on the Flood Insurance Work Group.