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Catastrophe Modeling Software for Underwriting

Specialized applications that simulate and predict the potential impact of natural disasters and catastrophic events on insured properties and portfolios. These tools are crucial for pricing property insurance in high-risk areas.
Other Underwriting

RMS Risk Intelligence
By: Risk Management Solutions (RMS)
https://www.rms.com/products/risk-intelligence
A comprehensive risk modeling platform that provides catastrophe risk models, analytics, and data for property, casualty, and life insurance underwriting. It offers high-definition models, real-time risk insights, and climate change impact analyses to help insurers better understand and quantify risk exposure.

RQE (Risk Quantification & Engineering)
By: CoreLogic
https://www.corelogic.com/products/catastrophe-risk-management/
A comprehensive catastrophe risk modeling solution offering hazard, vulnerability, and financial modeling capabilities for multiple perils. It integrates with underwriting workflows to provide property-specific risk assessment and pricing guidance.

Oasis Platform
By: Oasis Loss Modelling Framework
https://oasislmf.org/oasis-model
An open architecture catastrophe modeling platform that allows users to plug in various hazard, vulnerability, and financial models. Supports multi-peril analysis and provides tools for uncertainty quantification to enhance underwriting risk assessment.

QOMPLX:UNDERWRITING
By: QOMPLX
https://www.qomplx.com/solutions/insurance/
A risk analytics platform that includes catastrophe modeling capabilities for natural hazards and man-made events. Features include exposure management, accumulation analysis, and risk scoring to support underwriting decisions.

Xceedance CAT Modeling Services
By: Xceedance
https://xceedance.com/solutions/cat-modeling-services/
A combination of software tools and expert services for catastrophe risk assessment. Provides model integration, exposure management, event response, and custom model development to support underwriting processes and decision-making.

Catastrophe Risk Assessment Suite
By: Modeling Partners
https://www.modelingpartners.com/catastrophe-risk-assessment/
This suite includes tools for commercial lines and personal lines, allowing insurers to customize models, perform comprehensive analysis, and simulate scenarios for varying catastrophe events.

Extreme Event Solutions
By: Verisk
https://www.verisk.com/insurance/products/extreme-event-solutions/
Designed to predict potential losses from catastrophes, Verisk’s Extreme Event Solutions provide insurers with robust modeling capabilities and real-time data to understand and manage risk effectively.

CatRisk Modeling Suite
By: Catastrophe Risk Management (CRS)
https://www.catrisk.com/catrisk-modeling-suite/
Regional and custom catastrophe modeling tools featuring probabilistic and scenario-based models for storms, earthquakes, and flood, with advanced mapping and exposure management features for underwriting applications.

PERILS Industry Loss Data Platform
By: PERILS AG
https://www.perils.org/products/
Provides detailed industry exposure and loss data for major natural catastrophe events, supporting model validation, underwriting, risk pricing, and retrocession transaction structuring.

ELEMENTS
By: Impact Forecasting (Aon)
https://www.aon.com/reinsurance/impact-forecasting/elements.aspx
A catastrophe modeling platform that provides risk assessment for multiple perils including earthquake, hurricane, flood, and wildfire. Features include exposure management, event response capabilities, and customizable models to align with underwriting strategy.

Touchstone
By: AIR Worldwide (Verisk)
https://www.air-worldwide.com/software-solutions/touchstone/
A complete catastrophe risk management system that supports the entire risk management workflow. It offers detailed loss modeling for multiple perils, including hurricanes, earthquakes, floods, and terrorism, with advanced analytics for underwriting, pricing, and portfolio management.

SpatialKat
By: KatRisk
https://www.katrisk.com/products/
A catastrophe modeling platform specializing in high-resolution flood and wind hazard analysis. It offers detailed risk assessment at the property level, supporting underwriting decisions with location-specific risk scores and expected loss estimates.

JBA Flood Models
By: JBA Risk Management
https://www.jbarisk.com/flood-services/catastrophe-models/
Comprehensive flood catastrophe models covering multiple territories with high-resolution mapping and probabilistic modeling capabilities. Includes riverine, surface water, and coastal flood analysis to support underwriting decisions and portfolio management.

RiskInsight
By: Karen Clark & Company
https://www.karenclarkandco.com/products/
An open loss modeling platform that provides detailed catastrophe risk analytics for hurricane, earthquake, flood, wildfire, severe convective storm, and winter storm. Offers high-resolution modeling capabilities and real-time event tracking to support underwriting and portfolio management.