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Average Ratings 0 Ratings
Description
Data Vera, created by CATEX, serves as an all-encompassing solution for binder management, specifically designed to tackle the difficulties faced by insurers and brokers who deal with various separate data sources. It integrates data management and storage, providing consistent access and reporting capabilities across different business lines. Notable features encompass the ingestion and normalization of bordereaux data, enabling the smooth handling of extensive files without the need for complicated templates. Furthermore, the platform's automation and learning features allow it to evolve over time, facilitating automatic data corrections during future uploads, which enhances operational efficiency. The solution also includes extensive program management for both inbound and outbound operations, aiding in the consolidation of policy and claims information at the program or facility level and accommodating multiple reinsurance structures like treaty, facultative, and proportional. Moreover, the accounting module is designed to generate a tailored general ledger that meets the specific requirements of an organization, providing additional functionalities such as levy and tax accounting, thus ensuring complete financial oversight. Ultimately, Data Vera represents a significant advancement in the integration and management of data within the insurance industry.
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
API Access
Has API
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
Catex
Founded
1994
Country
United States
Website
www.catex.com/data-vera-for-binder-management/
Vendor Details
Company Name
ARA
Founded
1998
Country
United States
Website
www.ara.com/hurloss/