Articles from Karen Clark & Company

Karen Clark & Company (KCC) is pleased to announce that the KCC US Hurricane Reference Model Version 5.0 has been certified by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM). KCC is the first model vendor to be certified under the latest FLCHPM standards.

Karen Clark & Company (KCC) is pleased to announce CATLAB® 2025, taking place in Boston from June 3–5. This annual event brings together market-leading insurers, reinsurers, and ILS investors for three days of in-depth discussions on advanced modeling techniques and the latest science on weather, climate, and extreme events.

Karen Clark & Company (KCC) is pleased to announce the release of RiskInsight® Version 4.14, the latest evolution of the RiskInsight open loss modeling platform. This update introduces powerful new features and performance enhancements, reinforcing RiskInsight’s position as a leading risk analysis tool for (re)insurers.

Karen Clark & Company (KCC) today announced that the KCC US Flood Reference Model Version 2.0 has been certified by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM). The KCC model is the first flood model that has been found acceptable by the Commission under the latest standards, and the only flood model to be approved under both the prior standards and the current standards.

Karen Clark & Company (KCC) is pleased to announce CATLAB® 2024, taking place in Boston from June 11-13. This annual event brings together market-leading insurers, reinsurers, and ILS investors for three days of in-depth discussions on advanced risk modeling techniques, current industry challenges and opportunities, and the latest innovations in risk quantification and management.

Karen Clark & Company (KCC) is pleased to announce the release of RiskInsight® Version 4.13, the latest update to the RiskInsight open loss modeling platform. RiskInsight 4.13 introduces major enhancements to software performance and extends several powerful applications.

Karen Clark & Company (KCC) is pleased to announce that the KCC US Hurricane Reference Model Version 4.0 has been certified by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM).

CATLAB®—an interactive workshop where risk management decision-makers meet with KCC scientists, engineers, and other experts to discuss the latest modeling advancements and the current market opportunities to leverage those advancements—was hosted in Boston June 6-8. The most important takeaways from this year’s event include:

Karen Clark & Company (KCC) is pleased to announce the Synchrono Group (SynchronoSure) has licensed KCC’s full suite of US catastrophe models, delivered through KCC’s new and advanced underwriting application. This new tool is powered by KCC's rapid, high-resolution modeling analyses that drive the underwriting and decision-making processes for complex commercial policies.

Karen Clark & Company (KCC) is pleased to announce the release of Version 1.0 of its high resolution US Wildfire Model. This advanced and fully probabilistic model provides Exceedance Probability (EP) curves, PMLs, and AALs down to the location level and can be used to develop underwriting and pricing strategies that account for the impacts of climate change.

Karen Clark & Company (KCC) is pleased to announce that the KCC US Hurricane Reference Model Version 3.0 has been certified by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM). This important certification follows on the heels of the KCC US Flood Model certification last December.

Karen Clark & Company (KCC) is pleased to announce that American Family Group (American Family) has licensed KCC’s full suite of US catastrophe models delivered through the RiskInsight® open loss modeling platform.