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features
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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

risQ stands at the forefront of modeling and translating climate risks for those involved in municipal debt, providing crucial insights into how these risks impact financial outcomes. By fostering transparency around municipal climate hazards, risQ equips investors with the necessary tools to effectively manage their portfolios while simultaneously helping cities pinpoint cost-effective strategies for climate adaptation. The growing severity of heatwaves endangers public health and disrupts the energy sector, jeopardizing city tax revenues. Moreover, the frequency and intensity of both coastal and inland flooding are on the rise, posing threats to billions in property value and real estate holdings. Additionally, hurricanes are becoming more severe, delivering record levels of rainfall and challenging urban areas in unprecedented ways. As cities expand and drought conditions worsen, the likelihood of wildfires threatening properties and infrastructure continues to escalate. Ultimately, risQ’s insights are crucial for navigating these complex and evolving challenges.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Moody’s Risk Modeler
Oasis Loss Modeling Framework

Integrations

Moody’s Risk Modeler
Oasis Loss Modeling Framework

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

ARA

Founded

1998

Country

United States

Website

www.ara.com/hurloss/

Vendor Details

Company Name

risQ

Founded

2016

Country

United States

Website

www.risq.io

Product Features

Product Features

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

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