#USA #La Jolla, California #KatRisk #Perilfinder™ #catastrophe risk

KatRisk Introduces Perilfinder™ in North America

KatRisk, a leader in catastrophe risk modeling, has officially launched its innovative solution, Perilfinder™, in North America. This platform aims to streamline property risk management by providing instant access to critical risk intelligence. Perilfinder™ is designed for insurers, brokers, reinsurers, and financial institutions, building on its already established trust across Europe.

Enhanced Risk Management Solution

With Perilfinder™, users can access property-level risk intelligence through a single, consolidated platform. Developed in response to the needs of underwriters, portfolio and risk managers, the platform is engineered to deliver rapid, flexible, and precise risk insights. This not only reduces operational friction but also accelerates decision-making processes, allowing teams to operate with increased confidence.

Brandon Katz, EVP of Strategy at KatRisk, highlighted the strategic advantage of this tool: “Perilfinder combines Gamma's extensive experience in European market risk identification with KatRisk's advanced catastrophe models. Together, we equip carriers and managing general agents (MGAs) with the necessary tools to engage confidently and swiftly in the market.” This partnership signifies a commitment to enhance the quality of risk management solutions available to clients across North America.

Comprehensive Catastrophe Models

Perilfinder™ extends KatRisk’s mission to provide reliable and user-friendly property risk insights. Current models cover a range of risks including floods, tropical cyclone winds, severe storms, and, in the near future, wildfires. This broad spectrum allows KatRisk to serve customers with consistent speed, transparency, and service excellence throughout the risk assessment lifecycle.

In addition to Perilfinder™, KatRisk's portfolio includes SpatialKat, a mature simulation software platform recognized globally for its scientific accuracy and high-speed performance. SpatialKat empowers users to analyze various climate-related risks, including potential impacts from climate change phenomena like sea-level rise and extreme precipitation shifts.

A Leader in Climate Disaster Risk Modeling

Founded in 2012, KatRisk has garnered a reputation as a global leader in climate catastrophe risk modeling. The company supports clients across more than 190 countries, assessing risks associated with extreme weather events such as hurricanes, floods, hailstorms, wildfires, and tornadoes. By using its industry-leading software platform, KatRisk enables its clients to make informed, data-driven decisions in underwriting and portfolio management.

KatRisk continues to push boundaries in the field of risk management by ensuring its clients have access to comprehensive, accurate, and timely information about potential threats posed by natural disasters. With the launch of Perilfinder™, the company reinforces its role as a trusted partner in the global risk management ecosystem. For more detailed information on KatRisk's offerings and to explore Perilfinder™ further, visit www.katrisk.com.

In conclusion, KatRisk’s innovative approach addresses significant hurdles in property risk decision-making, laying the groundwork for enhanced operational efficiency and risk mitigation strategies in the insurance sector.