KatRisk

The Insurtech Insights Europe conference is here! 📆 Be sure to join our demo at the Tech Showcase tomorrow at 2:45pm to learn how KatRisk is revolutionizing natural catastrophe modeling. And stop by our kiosk, K10, to meet our time one on one and get your questions answered. Scott Hammesfahr, John Tewhill and Jordan Garcia are looking forward to conecting 🤝

The devastating wildfires in Los Angeles this January are yet another reminder of the urgent need for stronger disaster resilience policies. As climate-driven disasters—from wildfires to floods to extreme heat—become more frequent and severe, policymakers must take proactive steps to protect communities, businesses, and infrastructure. 💡 A recent article from The Pew Charitable Trusts highlights key themes shaping state-level disaster mitigation efforts, including: 1. Maximizing federal funding for resilience projects 2. Stabilizing insurance markets to ensure affordability 3. Leveraging data and modeling for risk reduction 4. Addressing public health threats linked to extreme weather 5. Using state resilience plans to drive long-term investments At KatRisk, we’ve seen firsthand how critical risk modeling is to informing better resilience strategies. Advanced catastrophe modeling enables more precise risk assessment, empowering government institutions and insurers to make informed, proactive decisions. KatRisk has worked and will continue to work with our partners in the state regulatory office to offer education and support on how catastrophe models play a key role. 🔗 Read the full article here: https://lnkd.in/eqn-GeuM #DisasterResilience #ClimateRisk #WildfireRisk #FloodRisk #RiskModeling #CatModeling

What a fantastic week at the CAT Risk Management & Modelling Summit! The KatRisk team had the opportunity to engage with industry leaders, share insights, and dive deep into the evolving challenges of catastrophe modeling. Across three insightful sessions, we explored critical topics shaping the future of risk assessment. 🔍 Key Takeaways from Our Sessions: ✅ Severe Convective Storm (SCS): SCS risk is too frequent and costly to be thought of as a secondary peril. Our session highlighted how KatRisk’s revolutionary approach helps insurers better understand exposure and uncertainty at a granular level. ✅ Wildfire Modeling: With wildfire losses escalating, traditional models struggle to capture the full complexity of this peril. KatRisk’s upcoming wildfire model integrates high-resolution fuel mapping, climate conditions, and wind-driven fire spread to offer a more dynamic and transparent view of risk. ✅ CAT Model Comparison: KatRisk's novel and thoughtful approach to modeling proved to the audience our best-in-class science team has created a solution that addresses the major shortcomings of the models of the past while maintaining the speed, scientific rigor and accuracy of the KatRisk has become known for. A huge thank you to everyone who attended our sessions, asked thoughtful questions, and contributed to meaningful discussions. If you couldn’t attend or want to dive deeper into these topics, let’s connect! We’d love to continue the conversation ✉️ contact@katrisk.com #CATRisk #WildfireModeling #SCSRisk #WildfireRisk #RiskModeling #ClimateScience #SCS #Reinsurance #KatRisk

KatRisk will be sponsoring Insurtech Insights Europe next week 🤝 And our very own Scott Hammesfahr, Senior Sales Solutions Engineer, will be taking the stage as part of the Tech Showcase! Scott will dive into how KatRisk is pushing the boundaries of catastrophe modeling, delivering transparent, customizable, and high-resolution solutions for SCS, wildfire, and flood risk. 📅 19th March 2:45pm 📍 Insurtech Insights Europe | Tech Showcase If you’re attending the conference, be sure to connect with us at Kiosk K-10! Or reach out to schedule a meeting—we’d love to share more about how KatRisk is revolutionizing risk modeling ✉️ contact@katrisk.com #KatRisk #InsurtechInsights #RiskModeling #InsuranceInnovation #CatModeling #SCSModeling #WildfireModeling

📢 Our very own Brandon Katz will be joining an upcoming webinar with EigenRisk Inc. to share insights into the 2025 severe convective storm season and how KatRisk's new SCS model addresses the flaws and gaps of other solutions on the market. If you're looking to make better-informed decisions when it comes to the impact of severe convective storms this is a discussion you won't want to miss. Register now! 🔗 https://lnkd.in/gjAQ3X8F 📅 Wednesday, Mar 26, 2025 🕛 12 - 1 PM ET

KatRisk has created a final footprint for inland flood for Tropical Cyclone Alfred which made landfall on March 8th, 2025. We remain committed to providing the best flood modeling insights to support resilience and recovery efforts. ✉️ Please stay safe and for more information please reach out to us today contact@katrisk.com. 🔗 And to learn more about our Event Response offerings https://lnkd.in/gcuR68cs

Last week at the #RAA2025 conference, we had the incredible opportunity to share how KatRisk is revolutionizing Severe Convective Storm (SCS) modeling. Our very own Petros Keshishian took the stage to discuss how our model addresses flaws and gaps of existing solutions. It was great connecting with industry leaders who are as passionate about advancing catastrophe modeling as we are! A big thank you to Reinsurance Association of America for an amazing event and to everyone who joined us. Let’s keep the conversation going! To learn more 🔗 https://lnkd.in/gP8HPJ8U #KatRisk #SCSModeling #RiskInnovation #InsuranceTech #CatModeling

Don't miss our team at the Annual Cat Risk Management and Modelling Summit next week in London! Be sure to stop by our booth #6 or contact us today to book time at the event contact@katrisk.com ✉️ Brandon Katz Petros Keshishian Ken Anderson

As the landscape of disaster preparedness evolves, maintaining clarity and confidence in risk management remains essential. The recent departures of key FEMA leaders—including those overseeing disaster response, flood insurance, and mitigation—raise concerns about the future of catastrophe management. As hurricane season approaches and climate risks intensify, this is an uncertain and complex time for insurers, lenders, and communities navigating an evolving risk landscape. Now more than ever, the ability to understand and quantify risk is essential to keeping insurance markets functional and ensuring communities remain protected. At KatRisk, we recognize these challenges and remain committed to helping all of our partners make informed, confident decisions in a rapidly changing environment. You can reach us at contact@katrisk.com. https://lnkd.in/gNyj5rsB

A recent The New York Times article highlights the growing financial challenges homeowners face as climate risks intensify—rising insurance costs, increased property taxes, and shifting real estate values. 📈 Research from the University of Pennsylvania and the University of Wisconsin found that between 2014 and 2023, home insurance costs surged faster than inflation. As hurricanes, floods, and severe convective storms (SCS) become more damaging, insurers struggle to price policies effectively. The Unpriced Costs of Flooding report, co-authored by KatRisk and Milliman, underscores how flood risk is often overlooked in real estate markets, leaving homeowners and lenders vulnerable to sudden devaluation and financial instability. As climate risks intensify, properties may face abrupt repricing events, reshaping the housing market and mortgage industry. ⚠️ The truth is, no property is risk-free—but better data and smarter modeling can lead to more informed decisions. That’s where KatRisk comes in. Our cutting-edge flood, severe storm, and wildfire risk models provide insurers with high-resolution, probabilistic data to better assess, price, and manage risk—ensuring that policies reflect true exposure while maintaining affordability and market stability. The old ways of modeling aren’t enough—let’s talk about what’s next. #ClimateRisk #Insurance #PropertyInsurance #RiskModeling https://lnkd.in/gCJJmqvr https://lnkd.in/gr257ZJW