KCC introduces High Velocity models for faster catastrophe loss analysis
Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has released a new set of High Velocity (HV) models aimed at streamlining the analysis of hurricane and severe convective storm (SCS) losses.
These models are designed to support quicker assessments while remaining consistent with KCC’s existing catastrophe reference models.
Built using the same underlying scientific framework, the HV models are intended to help insurers and reinsurers conduct broader and more frequent analyses without overloading computational resources.
The HV models are available through KCC’s RiskInsight platform and accommodate the same policy structures and reinsurance terms as the full models, offering a faster option for users who need to process large volumes of data with reduced processing time.
“HV models provide reinsurers with an efficient pathway to portfolio-level views without sacrificing the consistency and scientific rigor of the KCC reference models,” added Karen Clark, KCC CEO.
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“This innovation reflects KCC’s commitment to delivering advanced solutions tailored to a wide range of operational priorities.”
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Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has released a new set of High Velocity (HV) models aimed at streamlining the analysis of hurricane and severe convective storm (SCS) losses. These models are designed to support quicker assessments while remaining consistent with KCC’s existing catastrophe reference models. Built using the…