Climate Tech Cocktails

Demex Group: Steve Bennett

Episode Summary

In Episode 32, we’re grabbing a drink with Steve Bennett, co-founder, and chief climate officer of the Demex Group - the first company to offer comprehensive solutions for assessing and transferring climate risks at scale. Demex uses modeling to evaluate weather risk and helps clients transfer that risk to maintain their resilience. Steve’s background as a weather person at The Weather Channel and then Scripps Institution of Oceanography led to founding his first software firm, EarthRisk Technologies. Continuing his mission to bridge the gap between weather volatility and business operations, Steve joined founder Ed Byrns in creating the Demex Group to meet the ever-increasing need of businesses to understand and guard against catastrophic and damaging weather events.

Episode Notes

Fellow Climate Warriors, welcome to another episode of Climate Tech Cocktails.

In this episode, we’re grabbing a drink with Steve Bennett, co-founder, and chief climate officer of the Demex Group - the first company to offer comprehensive solutions for assessing and transferring climate risks at scale.

Demex uses modeling to evaluate weather risk and helps clients transfer that risk to maintain their resilience.

Steve’s background as a weather person at The Weather Channel and then Scripps Institution of Oceanography led to founding his first software firm, EarthRisk Technologies.

Continuing his mission to bridge the gap between weather volatility and business operations, Steve joined founder Ed Byrns in creating the Demex Group to meet the ever-increasing need of businesses to understand and guard against catastrophic and damaging weather events.

📻 Listen to the episode onSpotify,Apple Podcasts,Amazon Music, Google Podcasts, Audacy and Substack👉

We’re grateful to have you with us, fighting the good fight with a cool beverage in hand.

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📝Show Notes Below👇

🎧 New podcast episode:

Steve Bennett, co-founder, and chief climate officer of the Demex Group

“We link the weather in an area to the economic impact. The core of our technology is really about pricing the risk using a climate appraisal; we look at what parts of a client’s business are affected by weather by working with first-party data, determining the relevant weather characteristics, running a baseline scenario and a climate scenario, and comparing cost. This allows us to price the risk, producing a premium for an insurance policy that will protect the customer.”

- Steve Bennett on the special sauce that Demex offers its clients

Find Steve on LinkedIn: https://www.linkedin.com/in/stephendbennett

And his company’s site: https://thedemexgroup.com

🥃 What we drank during the episode: SeaFall Chardonnay, 2017 Sonoma (me) and a Midnight Manhattan (Steve).

Enjoy the show!