Guy Carpenter has entered into a global, multi-year agreement with Karen Clark and Company to license its catalogue of natural catastrophe models, execution software and analytics.
The agreement will provide Guy Carpenter’s clients with access to KCC’s contemporary suite of natural peril models, software, visualisations and scientific approaches to support underwriting, portfolio management and risk transfer.
Commenting on the agreement, CEO of strategic advisory at Guy Carpenter, Rob Bentley said: “Across our industry, practitioners are actively reassessing the costs, technical foundations, business utility and vendor relationships underpinning the existing cat model ecosystem, as long-held views of modelled risk are challenged. We firmly believe that at a time of industry change, our partnership with KCC represents a meaningful step-change in giving our clients choice along with experienced advisory support as they consider and embrace a different future.”
The KCC models reside on the RiskInsight platform which provides a comprehensive suite of tools in one application, including high-resolution interactive maps, real-time event tracking and custom model building.
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