Technology and Software
Speed and Flexibility
SpatialKat
Account and Portfolio Event Based Analysis SoftwarE
Loss computations are repeatable, transparent, and extendable, with a technology stack based on powerful open source technologies: R (graphics and statistics) and C++ (fast code execution). Hazard and vulnerability data are open and customizable. Users have efficiently incorporated their own view of risk including implementation of entirely new/proprietary model data.
Analyses can be embedded in client workflows, launched via command line arguments without use of the UI.
Software is scalable
This allows for almost linear reductions in runtime with additional processors.
With 25 processors:
1.15 million location exposure, three peril analysis: 12 minutes
4,000 location account, three peril analysis: 55 seconds
Deployment Options:
Deployed to client site - Can typically be installed and running within a few hours
Client hosted on AWS and Azure
KatRisk hosted on AWS
SoloKat
Location Loss Analytics
Fast analysis results: Millions of locations can be analyzed rapidly with minimal hardware requirements. Software was built using R/R-Shiny so all code and data is open.
Deployment Options
Deployed to client site - Easy to install and get up and running, typically in an hour
Accessed via API - KatRisk hosts API services that can be embedded in underwriting quoting workflows with a response time of less than one second
KatRisk API
the fastest way TO ASSESS your risk
KatRisk APIs are built using REST conventions and are compatible with any programming language that clients may use. The API utilizes standard GET and POST HTTP methods and error response codes. All requests and responses follow standard JSON.
Seamless integration
Portfolio analytics and global location loss analytics can be seamlessly integrated into your business workflow.
Risk as a service
Plug our high performing API right into your business processes. Automate workflows to underwrite premiums and distribute and explore loss analytics.
How it works
We offer multiple options for integration. The on demand hosted API solution is readily available allowing for quick implementation.