Average Ratings 0 Ratings
Average Ratings 0 Ratings
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.
Description
Zesta AI utilizes advanced geocoding and artificial intelligence technologies to precisely match addresses with their corresponding structures. By providing real-time data pre-fill, the company enhances the overall customer experience and mitigates the risk of cancellations after binding due to unsuccessful inspections. Additionally, Zesta AI aims to reduce loss ratios through a data-informed underwriting process. In the face of frequent natural disasters that displace families, devastate communities, and result in significant financial losses, Zesta AI employs AI to assess the climate risk associated with every building. Our cutting-edge research and development facility, Zesta AI Lab, is strategically situated in the rapidly growing AI hub of Montreal, Canada, and serves as a pivotal resource for our applied AI research initiatives. This lab not only fosters innovation but also strengthens our commitment to developing solutions that address the evolving challenges in the insurance industry.
API Access
Has API
No
API Access
Has API
No
Integrations
Moody’s Risk Modeler
No
Oasis Loss Modeling Framework
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
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
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
Yes
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
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
ARA
Founded
1998
Country
United States
Website
www.ara.com/hurloss/
Vendor Details
Company Name
Zesta AI
Country
Australia
Website
zesta-ai.site/commercial-property-insights.html