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
An unparalleled intelligent technology and system solution designed specifically to support operations in insurance and reinsurance brokerage. The Integrated Insurance Brokerage System seamlessly blends user-friendliness with a robust set of software functionalities, all underpinned by Oracle Technology. This system is favored by insurance and reinsurance brokers for its ability to facilitate rapid insurance coverage issuance, renewals, collections, remittances, claims management, and online financial reporting. With the IIBS, users can enjoy a streamlined single entry point for data while ensuring secure access for multiple authorized personnel over both Local/Wide Area Networks and the Internet. Drawing upon extensive experience in both information technology and the insurance industry, Asian Business Solutions, Inc. has meticulously crafted this essential business engine to help you maintain a competitive edge. Ultimately, the IIBS delivers long-lasting value to enhance the capabilities of your organization and ensure operational efficiency. By investing in such a system, businesses can not only improve their internal processes but also elevate their overall service delivery to clients.
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)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
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
Asian Business Solutions
Website
www.absionline.com
Product Features
Product Features
Insurance Agency Management
Claims Management
Yes
Commission Management
Yes
Contact Management
Yes
Document Management
No
Insurance Rating
No
Life & Health
Yes
Policy Management
Yes
Property & Casualty
Yes
Quote Management
Yes