EigenRisk has reached an agreement with EuroTempest to integrate European windstorm forecasts and event footprints into its EigenPrism catastrophe risk management platform.
EuroTempest supplies weather risk services to reinsurers, insurers, brokers and catastrophe modellers worldwide. The integration will allow EigenPrism users to monitor developing storms and better understand the weather risks affecting their portfolios.
“As property insurers and risk managers seek to improve their ability to prepare for and respond to weather-related disasters around the globe, our partnership with EuroTempest will provide them with enhanced insights and faster response times,” said Deepak Badoni, president at EigenRisk. “Users of our platform can now access a full spectrum of underwriting, risk management and response tools and resources to assess and respond to unfolding events throughout the US, UK, Europe and worldwide.”
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