KatRisk creates unique and cost effective solutions for quantifying global risk due to floods and tropical cyclones
KatRisk is a catastrophe modeling company focused on flood and wind risk. The founders of KatRisk have decades of experience building catastrophe models used worldwide by the insurance industry. We utilize high performance GPU computing hardware to develop state of the art high resolution yet cost effective views of risk. We spend our time building and testing solutions in collaboration with our clients and provide an unparalleled degree of transparency into the underlying data, methodologies and choices made in the process of creating our products.
Flood Hazard Data
The first stage in our product development process is the creation of flood hazard risk maps at multiple return periods. We have completed development of risk maps for the US and a large portion of Asia and will have much of the world covered by the end of 2015. Our flood risk data allows for the assessment on individual location risk including risk pricing.
Event Based Models
The second stage of development consists of creation of event based probabilistic models. These quantify the correlation between locations allowing for the assessment of aggregate losses that could occur in an individual event. Full stochastic event sets are created so that portfolio level return period losses can be quantified. These models include wind and flood perils, with flood capturing both inland flooding as well as tropical cyclone related rainfall and surge flooding.
Accessing Data and Models
There are multiple ways to access our products, ranging from licensing data and software to subscribing to online analytics tools and web map services. You can try out some of our solutions using our free online demo tools.