As well as providing hands-on support in Risk Frontiers’ model development, Foster delivers our solution suite to industry across diverse technology platforms. Foster has a PhD in High Energy Physics.
Foster is Risk Frontiers’ Chief Technology Officer and Software Architect. He is responsible for developing and integrating Risk Frontiers’ suite of Natural Catastrophe Loss models into software for use by the insurance and reinsurance industry.
Foster also manages maintenance and forward planning of Risk Frontiers’ IT infrastructure, works on future technology strategy and supports the model development efforts of research staff. As part of the future strategy, he is helping transition Risk Frontiers’ models to the emerging ‘open modelling’ platforms that are being developed by the major model vendors and loss-modelling community.
Key areas of expertise:
- Catastrophe loss modelling and quantitative risk analysis
- Climate risk solutions for the financial, insurance, and infrastructure sectors
- Natural hazard impact assessment on communities and the built environment
- Application of insurance modelling tools for climate change adaptation
- Strategic development of risk assessment products and data solutions
Educational background & credentials:
- BSc (advanced mathematics), Macquarie University
- Postgraduate diploma in accounting
- PhD in natural hazards, Macquarie University
Professional experience & notable projects:
- Overseeing Risk Frontiers’ strategic development across (re)insurance, banking, energy, infrastructure, and real estate sectors
- Provided expert testimony at royal commissions and senate committee inquiries on natural disasters
- Contributed to government inquiries on disaster resilience and climate change policy
- Former member of the scientific committee for the Climate Measurement Standards Initiative (CMSI)
- Author of numerous scientific and industry publications on disaster risk and climate adaptation
