Where Big Data Analytics Meet the Catastrophe Models

Innovation in the insurance industry is occurring at an ever faster pace, and new technology is empowering insurers to collect a lot more information and higher resolution data on their insureds.

KCC has introduced the latest innovation in the catastrophe modeling space with RiskInsight®—the advanced and open catastrophe loss modeling platform. RiskInsight® enables you to leverage your proprietary data and knowledge for enhanced risk selection and pricing decisions and competitive advantage.

In RiskInsight, model components are fully transparent and accessible so they can be customized using your big data and predictive analytics. Your proprietary models built on RiskInsight will be more accurate than the traditional vendor models because the model assumptions will be refined to better reflect your own claims experience, unique books of business, and views of risk.

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