View the 2024 Program
Creating sustainable solutions
A future of extreme weather events that increase in frequency, severity and unpredictability is only just beginning, with profound implications throughout the housing ecosphere and nearly $12 trillion mortgage market in particular. Insurers are now exiting high risk markets as catastrophic exposure has made offering policies financially untenable. Through August of this year there have been 23 extreme weather events in the US that have cost more than $57.6 billion and claimed at least 253 lives.
Recent papers have sounded alarms over a “climate bubble” in US house prices citing hundreds of billions of dollars in overvaluation when taking extreme climate into underwriting consideration. We are at the precipice of a tumultuous shakeup among all counterparties that will impact our business risk, practices, processes, profitability, capital allocation and strategic planning.
While the politicization of climate has prevented solutions-oriented dialogue, we can still collaborate on ways to plan and prepare for the impact of inevitable catastrophic risks caused by extreme and unpredictable climate on our businesses and industry. At the same time, in finding ways to mitigate extreme climate, we can discuss inherent opportunities and sustainable solutions.
THROUGH PEER-TO-PEER COLLABORATION
Toward that end, AmeriCatalyst continues its longstanding focus on extreme climate by bringing together the 400 most important research, constituents and counterparties in the housing and finance industry featuring interactive and real-time strategic planning and collaborative working groups.
Participants are thoughtfully curated C-level executives on an invitation-only basis. Onstage discussions are hosted and facilitated by AmeriCatalyst CEO Toni Moss and CJ Patrick & Co. CEO Rick Sharga.
AND PURPOSEFUL INTERACTION
Our purpose is to understand the dynamics and magnitude of the challenges we face moving forward; to anticipate and establish best practices within business operations; to improve communication with and understanding amongst counterparties; to strategically plan for a highly disruptive and unpredictable future; and to generate ideas on risk mitigation and possible solutions to problems in our own industry that require urgent attention.
YOU’RE GOING TO NEED TO ROLL UP YOUR SLEEVES FOR THIS ONE
THE WORKING GROUP FORMAT: Participants are seated cabaret-style at round tables of 8 people. Each person at the table is a C‑Level relevant counterparty and stakeholder in housing. Each session begins with a panel of experts sharing new, unknown or inaccessible yet highly relevant data and provocations about perils and natural disasters impacting the housing sector. Each panel ends with four specific questions or challenges to be addressed by 45 minute breakout discussions among Working Groups. The Working Groups then assign a representative to report the implications for their sector and proposed mitigants and/or solutions, as well as highlight urgent issues requiring a greater amount of attention onstage. Toni Moss and Rick Sharga will synthesize the findings in real time, concluding each session with actionable items.
INVITED PARTICIPANTS
★Banks
★Mortgage Lenders and Servicers
★Homebuilders and Developers
★Institutional Investors
★Real Estate Investors
★GSEs and Federal Housing Agencies
★Regulatory Institutions
★Insurance Companies and Reinsurers
★State Insurance Regulators
★Federal, State and Local Government Policy Makers, City Managers, Disaster Planners and Housing Agencies
★Single Family Rental Investors, Operators, REITs and Build-to-Rent Developers
★Research Analysts, Data Providers and Climate Change Modeling Firms
★Leading Scientists in Climatology and Atmospheric Science
★Leading Futurists in Climate Resilient Housing Innovation