Mercury Insurance Establishes Climate Science Team, Appoints Senior Director

MCY
October 06, 2025

Mercury Insurance announced on June 10, 2025, the appointment of Steve Bennett as its Senior Director of Climate and Catastrophe Science, tasked with building and leading a new team.

This team will focus on identifying ways Mercury and its policyholders can better prepare for and become more resilient to increasingly severe climate-driven weather events.

This initiative is part of Mercury's broader investment strategy to understand and counteract forces facing insurers in high-risk areas, aiming to write more policies where competitors have pulled back.

Bennett brings over three decades of leadership in extreme weather, climate risk, and effective risk management, and will strengthen Mercury's ability to assess and adapt to complex climate-related challenges.

The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.