Delivering High-Resolution Flood Intelligence for Better Portfolio Management and Risk Advisory
Challenge
Acrisure Re, the reinsurance division of global fintech leader Acrisure, is a leading advisory and brokerage firm known for combining deep market expertise with advanced analytics to help clients manage complex risks.
For years, flood was viewed as an uninsurable peril in the private market. As appetite slowly grew, Acrisure Re saw an opportunity, but only if they could provide clients with a clearer, more accurate view of flood risk. The problem? Traditional models relied on coarse data and lacked transparency which made it difficult to assess exposure at the level needed for client-specific underwriting and portfolio optimization.
Ming Li, Partner and Global Head of Cat Modeling at Acrisure Re, said, “The models available back then just didn’t have the resolution or transparency we needed for specific client situations. We needed a fully probabilistic model that used the latest data and science.”
Acrisure Re set out to find a more advanced, flexible solution, one that could support both technical analytics and practical decision-making.
Solution
Acrisure Re selected KatRisk’s comprehensive flood modeling suite, citing the platform’s:
- High-resolution, fully probabilistic approach
- Transparency and open access to model assumptions
- Flexibility to support client-specific use cases
- Highly responsive and collaborative team
“KatRisk stood out to us for their strong scientific approach and flexibility… Their team is quick to jump into productive conversations and refine solutions so the results aren’t just scientifically sound, they’re tailored to our evolving needs.”
Results
Acrisure Re now combines KatRisk’s high-resolution flood intelligence with its own market expertise to deliver differentiated risk advisory, enabling clients to better manage exposure, optimize portfolios and ultimately improve performance.
With its advanced hazard and vulnerability modeling, Acrisure Re is able to:
- Pinpoint flood exposure more accurately at both asset and portfolio level
- Inform smarter decisions on pricing, risk selection, and reinsurance strategy
- Deliver unique, actionable insight to clients in a highly competitive market
- Drive internal innovation in portfolio optimization and flood risk advisory
- Save valuable time by running faster, high-resolution analyses that accelerate decision-making for clients and internal teams
“KatRisk has helped us stay nimble and deliver greater value to our clients. It’s improved the precision of our analytics and strengthened both our technical capabilities and our ability to respond to clients in real time.”
Interested in learning more about KatRisk’s suite of cat models? Explore our solutions.
