Building and Delivering Risk Models to Global Insurance Companies KatRisk is a leading catastrophe modeling company, providing comprehensive and cost effective catastrophe risk models to clients. Models have an open architecture allowing users to better understand underlying model parameterizations and even modify models to suit specific needs. The Challenge KatRisk had developed industry-leading models, written in R, for predicting flood and wind risk. These models were innovative in their accuracy and in the way that clients could customize them for their specific needs. KatRisk also had a customer: one of the world’s largest reinsurance companies wanted to use the models in automated processes for pricing reinsurance policies. KatRisk’s models were sophisticated, constantly improving, a

Join for free to read