D2.3 Climate services on insurance options and adaptation alternatives for citizens

Deliverable D2.3 presents the climate services developed within Work Package 2 of the PIISA Project. The objective of these services is to support improved understanding, assessment and management of climate-related risks, with relevance for the insurance sector and climate adaptation planning. The climate services were developed through a co-design process involving project partners, sectoral experts and stakeholders from the insurance community. This process allowed the identification of key information needs and ensured that the resulting products respond to practical decision-making contexts. Across these pilots, several climate indices and data products were developed to characterise hazard severity and potential impacts. These indices function as impact precursor data, providing quantitative indicators that can support risk modelling, climate risk assessments and the potential design of innovative insurance solutions, including index-based approaches. To enhance accessibility and long-term usability, several of the indices developed within the project have been integrated into the Risk Data Hub, ensuring that the datasets are openly available and harmonised according to European data standards. Overall, D2.3 documents the methodological approaches, datasets and applications underlying the climate services developed in PIISA, illustrating how climate data can be translated into actionable information that supports climate resilience and innovation in climate risk management.