General Insurance Article - JLT RE expands analytical modelling capability in Canada


JLT Re has combined forces with leading flood modeling company, KatRisk, to bring innovative flood risk modeling capabilities to clients across Canada and beyond.

 Partnership with leading flood modeling firm, KatRisk, will enhance JLT Re’s flood risk modeling and primary pricing services to clients
  
 David Flandro, Global Head of Analytics, JLT Re, said “We continue to enhance our suite of analytical tools and services to bring the best insights to our clients. As weather-related risk continues to be a growing concern in many regions, it is important that we remain at the forefront of this issue. ”
  
 KatRisk's suite of flood risk modeling tools includes both flood inundation maps at multiple return periods and software to generate location level probabilistic flood losses. The KatRisk model considers both pluvial and fluvial flooding using fully 2D hydraulic simulations with no lower limit to catchment size. This unique offering brings significant value to the services we can provide to our clients.
  
 “By adding KatRisk to our portfolio, we are able to analyze customized flood data and translate it into unique and valuable information for our clients,” Flandro remarked.
  
  

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