CATRisk® provides catastrophe risk solutions through a range of analytical platforms, based on clients’ need and resources. These include CATRisk’s full probabilistic platform called CATRISK Pro and also the Open Source platform developed by Oasis Loss Modelling Framework. We have also close collaboration with main cat risk modeling firms and are in position to deploy our models on their platforms.
The Oasis Loss Modelling Framework provides an open source platform for deploying and executing catastrophe models. CATRisk full probabilistic loss models benefits from full simulation engine and fast computational modelling approach applied in Oasis LMF. The platform is linked to a web based user interface called Flamingo with necessary API for running catastrophe models. We also work with Simplitium, a global financial services technology provider, and all our model could be accessed through their multi-peril catastrophe risk modelling platform called ModEx.
CATRisk Pro is a full probabilistic catastrophe loss modelling application which provides catrisk assessment using state-of-the-are hazard modelling and detailed exposure data. The tool benefits from a detailed seismic hazard assessment and rich database of building characteristics as well as libraries of vulnerability functions for each risk categories based on local building quality and construction practices and other region-specific conditions. CATRisk Pro provides easy exposure and loss visualization, flexible data import and analyses, and comprehensive reporting on detailed and aggregated levels. Users could use CATRisk Pro to assess probabilistic losses and further model financial conditions to estimates gross, ceded and net losses to the portfolio. Access to CATRisk Pro and its models are provided on annual basis and through annual license agreement.