MODEL EVALUATION

Start with a few locations.

For insurers, reinsurers and brokers evaluating an independent view of hail, tornado or straight-line wind risk.

Choose your locations.
Start with a peril, a region and the locations you want to understand.
Agree the scope.
Choose hazard data or loss analysis, and discuss any calibration for your assets, region or intended use. Agree the model components, evidence and assumptions involved.
Review the results.
Examine the evidence, limitations and differences from your current view of risk with our team.

Advising a client? Scope a portfolio comparison with our team and agree how the outputs can be used in client discussions.

WHAT TO REVIEW

Understand the model
behind the result.

For the selected model and region, agree which validation evidence and documentation are available to review.

Hazard: Frequency and intensity compared with observations, including the limits of those observations.
Event sets: Storm footprints and whether location-level estimates stabilize as more events are sampled.
Loss and calibration: Exposure and vulnerability assumptions, agreed calibration adjustments and supporting evidence, including the scope of any claims-based checks.

Coverage, model version, catalog size and delivery are confirmed when we scope the assessment.

Tell us about your own or a client’s portfolio and the question you want to answer. We’ll discuss the scope and available outputs with you.

Need custom calibration? Optionally include the asset class, region or portfolio you want to calibrate for in your enquiry.