EigenRisk Announces Three Data Partners for Its Catastrophe Modeling and Analytics Platform
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EigenRisk Announces Three Data Partners for Its Catastrophe Modeling and Analytics Platform

Platform Offers Access to Extensive Flood, Storm and Weather Data For Catastrophe Modeling, Planning and Response

ANN ARBOR, Mich. — (BUSINESS WIRE) — November 11, 2015 — EigenRiskTM, Inc., a software development and professional services firm serving insurers, reinsurers, brokers, and corporate risk managers, has added three data partners for its EigenPrism™ platform. Together, the data partners, KatRisk, HurricaneMapping, and Meteorological Connections (MetCon), provide individuals using the platform with ready access to real-time data on flood exposures, hurricanes, and evolving weather conditions to analyze potential and emerging risks related to these conditions in various parts of the world.

“We developed EigenPrism to give individuals charged with managing risks the capabilities to be more self-sufficient in data discovery, scenario planning and modeling,” said Sanjay Patel, head of Product Strategy and Operations, EigenRisk, Inc. “KatRisk, HurricaneMapping, and MetCon, each provide access to data that’s critical for analyzing, monitoring and managing certain natural catastrophe and weather exposures. We are continuing to add resources to EigenPrism that will ultimately give clients using the platform access to a full range of catastrophe exposure information in all areas of the world.”

Specifically, the partner firms now bring the following resources and capabilities to EigenPrism clients:

Data available from the three firms, as well as from various open sources, along with EigenPrism’s proprietary tools and analytical capabilities, give insurance and reinsurance company, brokerage and corporate risk management clients access to high-speed modeling and robust analytical capabilities. Using the platform, clients can run multiple models, as well as rapidly adjust underlying assumptions and scenarios.

About EigenRiskTM

EigenRisk(TM), Inc., an independent software and professional services firm, delivers a speed-of-thought risk analytics and open architecture model execution platform to the insurance, reinsurance, brokerage, and risk management community. Headquartered in Ann Arbor, MI, the firm has operations in Bangalore, India; Fairfield, CT; Miami, FL; Orange County, CA; and San Francisco, CA. EigenRisk’s partner ecosystem offers insurance and reinsurance company professionals new and growing sources of hazard data and catastrophe models so they can ask more informed questions and deliver more transparent results. The firm also offers clients the ability to access a collection of high-performance engines that power its analytics modules using a set of application programming interfaces (APIs). Thus, clients can choose to integrate the modules into their existing enterprise applications. Visit www.eigenrisk.com.


EigenRisk, Inc.
Al Modugno, 917-414-4569
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