KatRisk

✅ Our co-hosted event with Zurich Insurance was a success: well-attended, fantastic knowledge sharing, lively discussion, and opportunity to network. 🤝 Meeting up with insurance, cat modeling, and risk management professionals who share our passion for advancing catastrophe modeling in a world experiencing greater climate variability and severe weather was energizing. 🗓 Watch this space for more events from KatRisk to learn and connect in the future! #KatRisk #catastrophemodeling #insurance #severeweather #SVS #riskmanagement

✈ Heading to the ITC Vegas 2024 in October? We'd love to see you there! 🤝 Catch our team at booth #2662, where we'll be diving into the future state of risk modeling and sharing insights on how KatRisk is revolutionizing the industry. 🌪 🌀 ⛈ 🌊 🔥Don't miss out on learning about our latest models and how KatRisk can support your organization's resilience efforts. 🗓 We look forward to connecting with clients and new colleagues at the conference. Reach out to us today to secure your meeting spot: 📩contact@katrisk.com #CatModel #CatRisk #KatRisk #Catastrophe #FloodRisk #SCS #RiskManagement #Insurtech #ITCVegas

🚀 Launching Soon! 🚀 🚧 We’ve been hard at work behind the scenes, and we’re thrilled to announce that something BIG is coming to KatRisk! 🎉 🆕Stay tuned for the launch of our brand-new website, designed with you in mind. Our fresh, intuitive platform will bring you: 🌐 Enhanced user experience 📊 Details on our expanded, dynamic risk modeling tools  📚 Useful educational resources 🤩Get ready to explore how KatRisk is leading the way in dynamic software to better manage catastrophe risk. The countdown is on! ⏳ #KatRisk #NewWebsite #Rebrand #RiskModeling #Insurance

🌩️Climate change transforms weather patterns, leading to larger, more frequent hailstorms. We're seeing stronger storms and larger hailstones with warmer temperatures fueling more atmospheric energy. Even areas once considered safe now face threats. 🚨This isn't just a weather issue. It's a wake-up call. Infrastructure to agriculture is under threat, and the urgency for adaptation strategies is being pressed. 💸The financial impact? Staggering. Insured losses from hailstorms have already surpassed $60 billion this year. This poses a significant challenge to the insurance industry, necessitating reevaluated pricing models and better risk assessment strategies. 📈At KatRisk, we're continually innovating and adapting our dynamic catastrophe risk software to help our clients navigate the new reality of severe weather. 🔗Like to article in first comment below  #ClimateChange #InsuranceIndustry #RiskManagement #KatRisk

🌟 Something NEW is Coming to KatRisk! 🌟 🤫We’ve been making some improvements, though we’re not quite ready to unveil them just yet… 🫣But we can offer a hint: It has something to do with how we present ourselves and communicate what we care about the most – risk modeling and helping clients manage the impact of climate change. 👀Watch this space for the big reveal the week of 9/9 #KatRisk #NewWebsite #Rebrand #RiskModeling #ClimateChange

🌍Insurance Pricing Signals A Need to Re-think High-Risk Construction🏡 🌊🌪️🔥As climate risks intensify, insurance and reinsurance prices are sending a clear message: it’s time to rethink construction in high-risk areas. In the linked article, Hiscox CEO Aki Hussain emphasizes that pricing must drive behavioral change, especially in floodplains and wildfire zones. 🏗️📜While insurers are ready to mutualize risk, stronger building codes and smarter regulations are needed to manage rising climate-related risks. 🔗Like to article in first comment below #Insurance #Reinsurance #ClimateChange #RiskManagement #KatRisk  

🔔Last Call to Register for the Catastrophe Risk Modeling Event in Zurich🔔 💡🌪️🤝 Join KatRisk & Zurich Insurance on 3rd September for an exclusive evening of learning and networking. Engaging discussions, sneak peeks at cutting-edge models, and a chance to mingle with industry leaders await you. 📌 Event Details: - Date: 3 September - Time: 16:30 - 19:30 - Location: Zurich's offices, Alfred-Escher-Strasse 45, 8002 Zurich - Stay afterward to connect with industry professionals over refreshments in a relaxed atmosphere 🎤 Hear from the respected experts: Dag Lohmann, Co-founder of KatRisk, and Petros Keshishian, Head of Model Engineering, leading two 45-minute enlightening sessions. 📧 RSVP: Secure your spot by emailing marketing@katrisk.com. ⏩Feel free to share this with colleagues who could benefit from understanding catastrophe risk dynamics. #CatastropheRisk #Networking #KatRisk #Insurance

🗓️  Mark  Your  Calendar - 3 September in Zurich 🗓️ Take advantage of an exclusive in-person industry event! ✅Join industry leaders KatRisk and Zurich Insurance to explore the latest advancements in catastrophe risk modeling. ✅Dive into engaging discussions and be among the first to get a sneak peek at KatRisk's highly anticipated models. ✅Whether you're a professional in the field or keen to understand catastrophe risk dynamics, this event is designed for you. 🌪⛈ 💼 Event Details: 📅 Date: 3 September 🕠 Time: 16:30 - 19:30 📍 Location: Zurich's offices, located at Alfred-Escher-Strasse 45, 8002 Zurich.  🎤 Featured Speakers: KatRisk's Co-founder, Dag Lohmann, an acclaimed authority in his field, and the respected Head of Model Engineering at KatRisk, Petros Keshishian, will conduct two enlightening 45-minute sessions. The presentation thoughtfully curates current trends and cutting-edge approaches in catastrophe risk modeling. 💡Attend for the learning, stay for the networking🤝 Following the presentations, you can mingle with peers and industry leaders. This event is a fantastic opportunity to share ideas, ask questions, and build meaningful connections in a relaxed and friendly environment. Refreshments will be provided. RSVP Now: 📧 Are you interested in joining us for this enlightening evening? Email marketing@katrisk.com to confirm your attendance and secure your spot. ⏩ Feel free to extend this invitation to colleagues in the area who might benefit from or are interested in catastrophe risk modeling! This event promises to be an informative and engaging evening. We look forward to welcoming you and exploring the future of catastrophe risk modeling together.

🔎 Must-Read for the Insurance Sector 🔎 🌪️🔥American homeowners in vulnerable regions face unprecedented challenges as climate change and severe weather reshape the home insurance landscape. In this timely Newsweek article, economist Benjamin Keys of the Wharton School discusses how increasing disaster frequency and severity have impacted insurers and property owners and what the future may bring. Article key points: 💸 High-risk areas are experiencing rapidly rising premiums and, in some cases, disappearing coverage altogether 🤔 The challenges faced by insurers and government agencies in managing risk ⚠ The urgent need for new products and tools to adapt to the new climate reality, including better ways to anticipate and prepare for losses Also quoted is Steve Bowen, chief science officer at Gallagher Re, who said, "As technology improves and the quality of data becomes more granular, this should drive new innovation to better adapt and mitigate [risk] against the new climate reality in which we face today." KatRisk’s Take: 📈📉 At KatRisk, we understand the complexities of catastrophe risk modeling. Our dynamic solutions are designed to help our clients make smarter, data-driven decisions while navigating the new reality of severe weather. Reach out to contact@katrisk.com to learn how our proven models can improve catastrophe risk management. 📨 📖 Read the full Newsweek article (link in first comment)  #Insurance #ClimateChange #RiskManagement #KatRisk #SevereWeather