Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Abgalis — Integrated Climate Risk Intelligence Platform (ICRIP)
Abgalis is a comprehensive platform focused on enterprise risk and climate intelligence, specifically designed for insurers, reinsurers, and various financial institutions that manage, price, or underwrite climate-related exposures. At its foundation lies an ever-evolving model that encompasses seven distinct risk domains: underwriting, reserving, market, credit, operational, liquidity, and climate, allowing users to trace a single physical or transition driver through its broader impacts on a company’s portfolio, rather than evaluating each risk in isolation.
This platform is aligned with up-to-date UK and international regulatory frameworks such as PRA SS5/25, the PRA Rulebook, UK SRS, IFRS S2, and the operational resilience necessities that include third-party reporting, ensuring that the outputs are directly applicable to ORSA, SFCR, and RSR (EU) processes.
Abgalis caters to a diverse clientele, including UK insurers, reinsurers, Lloyd's managing agents, managing general agents (MGAs), pension funds, and related regulated sectors, making it an essential tool for navigating the complexities of climate risk in the financial landscape. Furthermore, its robust structure aims to facilitate better decision-making by integrating climate risk considerations into routine business operations.
Description
HurLoss represents ARA's advanced hurricane catastrophe model tailored for property insurers, reinsurers, brokers, and ILS managers to adeptly navigate risks in regions susceptible to hurricanes. Since its inception in 1998, HurLoss has served as the cornerstone for structural engineering standards in hurricane-affected states and has been integral to federal emergency management and mitigation strategies across the nation since 2003. The model provides a comprehensive event set that spans the entire North Atlantic basin, covering areas such as the U.S., the Caribbean, Bermuda, and portions of Canada, Mexico, and Central America. What sets HurLoss apart is its physics-driven approach to hurricane hazard modeling combined with engineering load and resistance analysis, grounded in fundamental principles and corroborated by claims data. Additionally, the model incorporates projections related to future climate conditions, enabling users to evaluate risks using both current and anticipated climatological data, including variables such as sea surface temperature and wind shear. This forward-thinking approach ensures that stakeholders are equipped with the most relevant information to make informed decisions regarding their hurricane risk management strategies.
API Access
Has API
No
API Access
Has API
No
Screenshots View All
No images available
Integrations
Moody’s Risk Modeler
No
Oasis Loss Modeling Framework
No
Pricing Details
$30000
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
Yes
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
Abgalis Limited
Founded
2026
Country
United Kingdom
Website
abgalis.com
Vendor Details
Company Name
ARA
Founded
1998
Country
United States
Website
www.ara.com/hurloss/
Product Features
Integrated Risk Management
Audit Management
No
Compliance Management
No
Dashboard
No
Disaster Recovery
No
IT Risk Management
No
Incident Management
No
Operational Risk Management
No
Risk Assessment
No
Safety Management
No
Vendor Management
No