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Description

KatRisk specializes in catastrophe modeling, offering comprehensive assessments of risks associated with inland flooding, storm surges, and windstorms for a diverse clientele that includes insurers, governmental bodies, and financial institutions. Their cutting-edge models empower clients to effectively comprehend, measure, and tackle the impacts of severe weather incidents globally. Among their primary products are SpatialKat and SoloKat, which provide accurate financial risk analyses for natural disasters, enabling insurance firms to strategically prepare for major catastrophes such as floods, hurricanes, and intense convective storms. The configuration of their open model software is customized based on your specific needs and applications, ensuring enhanced outcomes that are tailored to your situation. With a flexible framework built on open-source technology, you can swiftly adapt to changing conditions, thereby benefiting from greater transparency in your risk assessments. Enjoy a personalized approach that focuses on addressing your distinct challenges and goals, resulting in a superior, customized solution designed just for you. Such a commitment to client-specific needs ensures that no two solutions are ever the same, reflecting the unique nature of the risks faced by different organizations.

Description

Benchmark offers timely natural hazard analysis reports for weather-related events, detailing property-specific loss dates and historical data pertaining to hail, wind, and lightning, all accessible through Verisk platforms like Xactimate and XactAnalysis. Both existing and new users are able to find the Benchmark integration within their claims on XactAnalysis, as well as in the “documents” section of Xactimate. Users can conveniently retrieve the reports by utilizing the “select an action” drop-down menu in XactAnalysis when handling claim assignments. The source of Benchmark's data for both XactAnalysis and Xactimate is Respond™, which equips users with near real-time analysis and forecasting services for weather events, including localized assessments for various natural hazards such as hail, wind, lightning, tornadoes, wildfires, hurricanes, and more. Additionally, the Benchmark database on property-specific natural hazard history offers a thorough and reliable record of both catastrophic and non-catastrophic events, encompassing hail, wind, rain, and lightning, thus providing essential information for effective decision-making. This comprehensive resource ensures that users have the latest and most accurate data at their fingertips for better risk management and response planning.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Liberate No 
Xactimate No 

Integrations

Liberate Yes 
Xactimate Yes 

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 No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

KatRisk

Founded

2012

Country

United States

Website

www.katrisk.com

Vendor Details

Company Name

Xactware

Founded

1986

Country

United States

Website

www.xactware.com/en-us/solutions/weather-analytics/benchmark/overview/

Product Features

Product Features

Alternatives

Alternatives

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