Turbo charge your CAT career.
ISCM & iCAS
A joint collaboration
The Credentials Program
Demonstrate your knowledge and professionalism
in the management of catastrophe risk.
These courses are a collaboration between the International Society of Catastrophe Managers (ISCM) and The CAS Institute (iCAS) and is designed for those pursuing catastrophe risk management.
Certified Specialist in Catastrophe Risk (CSCR)
Recognized Best Practice Experts
Gain and demonstrate knowledge of practical applications in catastrophe modelling
Property / Cat Insurance Market Standards
Understanding Best Use of Catastrophe Models
Proven knowledge & support of Property Cat (re)insurance value chain
4 courses & exams + Ethics Course.
Waivers for Exam 1 include certifications from CPCU or LMA 1 & LMA 3.
Experienced Industry Professional Pathway available by nomination with 5+ years experience.
Certified Catastrophe Risk Management Professional (CCRMP)
Recognized Subject Matter Experts
Demonstrate advanced applications and methodologies of catastrophe risk management or development / delivery of models
Customized / Advanced Applications
Tailoring Own View of CAT Risk
Capable of Critical Assessments
Trusted Advisor to Senior Stakeholders
Experienced Industry Professional Pathway available by nomination
A technical credentials pathway is available focused on individuals with extensive experience in the development and delivery of catastrophe models to the user community.
How are Hurricanes Measured?Saffir-Simpson Scale Hurricanes are measured on the Saffir-Simpson wind scale. This was introduced to help scale and assess the likely damage from a hurricane. The categories run from 1 - 5. These categories are based on sustained wind speed. The sustained winds are the average winds over a period of one minute. Although wind speed can far exceed the 157mph (Cat 5). Such as Hurricane Irma, which reached 185 mph. No Category 6 exists on the scale as it is agreed that any wind speed in Category 5 reflex near total destruction. So would have no practical benefit.
Whats the difference between a Hurricane, Cyclone, Typhoon?"Tropical Cyclone Locations Tropical Cyclones occur in various locations around the World. When they exceed 74 mph, although they have the same characteristics they fall under different naming classifications depending on the location. The Map below show the region of each classification. Throughout the year there is increased activity during certain months. Which are known as seasons. The seasons change depending on the region. Hurricanes - Increase between June to November Typhoons - Increase between May to October Cyclones - Increase between November to Ma
How can Hurricane size vary?A brief overview of the variations between hurricane diameters . From Tropical Storm Marco; the smallest recorded hurricane to Typhoon Tip the largest ever recorded hurricane. Size of the storm is based on the diameter only. - Data sourced from 'Reigarw Comparisons'.
“Analytical functions across the insurance industry, covering finance, risk management and actuarial, are well served by internationally acknowledged and recognised qualification standards. Given the increasing importance of Catastrophe Risk Management within insurance industry, it is great to see the ISCM releasing a modeler agnostic structured training course. These qualifications should provide those considering a career in Catastrophe Risk Management a structured path for development and accreditation, and assist potential employees in their candidate selection process”
“Munich Re encourages and supports employees pursuing life-long learning for personal and professional development. Munich Re provides financial assistance and education incentive bonuses for approved programs and courses, which reinforces and recognizes the mutual benefits derived from continued education. The Certified Specialist in Catastrophe Risk (CSCR) and Certified Catastrophe Risk Management Professional (CCRMP) have been newly added to our list of approved programs, incentivizing employees in the cat modeling/cat risk management roles to pursue these designations.”
“Verisk is pleased to be partnering with the iCAS and ISCM on this new educational initiative. We are happy to support any program whose goals are better and more intelligent use of extreme event models, and this program in particular provides a broad industry perspective that fits very nicely alongside modeler specific programs .
Certified Specialist in Catastrophe Risk
The requirements for earning the Certified Specialist in Catastrophe Risk (CSCR) credential include passing four exams and completing an ethics course,
Register now to take the first step in gaining accreditation.
Nomination Requirements for the Designation of Certified Specialist in Catastrophe Risk (CSCR) and Certified Catastrophe Risk Management Professional (CCRMP)
Based on Experience in Lieu of Examinations
The Experienced Industry Professional pathway allows individuals to earn the CSCR and CCRMP credential through an application process rather than by completing the required courses or exams.