The Insurance Council of Australia’s (ICA) Actions of the Sea Data and Knowledge Development project has been undertaken to identify key issues related to Actions of the Sea, principally coastal erosion, inundation, and sea-level rise, and to provide recommendations related to risk awareness in the broader community. With insight into the issues related to Actions of the Sea, the insurance industry can engage with businesses, communities, and governments on risks associated with Actions of the Sea and climate change to stimulate discussion and inform solutions to the current and future management of Actions of the Sea and their effect on the coastal community of Australia.
During this presentation, David will present an overview of the impetus for this report and the outcomes of the investigation and analysis that followed, along with a concluding word on the key issues identified during the investigation, and key recommendations arising from the work.
This project has examined Actions of the Sea and the responses to those actions from the perspectives outlined above using case studies from around Australia, with the primary case study examined being Collaroy-Narrabeen in the northern suburbs of Sydney and the impact from Actions of the Sea and responses to the damage resulting from a severe storm event that occurred in June 2016. That storm resulted in a 1 in 50-year erosion and wave-dominated inundation event in the area causing damage to several coastal properties. The insurance industry identified that at that time, typical policy definitions did not adequately address damage from Actions of the Sea, and policy owners did not understand intended policy inclusions and exclusions.
David Taylor is a Principal with Baird and has over 18-years of international experience in managing technically complex projects across a range of engineering and applied science disciplines.
Mr Taylor has been Principal Engineer and/or Project Manager for a wide array of projects including coastal and environmental processes studies, hazard and risk assessments for coastal and port infrastructure, and engineering design projects. David has directed the development and application of Baird's multi-hazard cyclone modeling system that has been applied across an array of hazard, risk and engineering projects in Australia, Asia, and the Caribbean.
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