Karen Clark & Company (KCC), a catastrophe risk modelling firm that provides services to the insurance and reinsurance industry, has announced the release of RiskInsight Version 4.15, the latest iteration of its open loss modelling platform.
The update enables faster, more efficient loss analyses, particularly for large-scale hurricane and severe convective storm portfolios. These improvements are further strengthened by cloud-hosted machine upgrades, including quicker job start-up times and Linux support for worker machines.
“RiskInsight 4.15 delivers KCC’s greatest single-version upgrade to analysis performance to date,” added Marshall Pagano, KCC Senior Director, Client Services. “These advancements demonstrate our commitment to providing the industry’s most accurate models at the speed that decision makers require.”
The release also introduces enhanced worker machine logic and a new “helper queue” feature to optimise analysis management. Helper queues can automatically pull from other job queues with multiple pending analyses, accelerating throughput across the platform.
KCC’s extensive API suite allows organisations to integrate RiskInsight with internal systems and automate workflows at scale, enabling faster and more informed decisions. Version 4.15 adds new endpoints for analysis management and supports combining multiple individual results into a single, unified output.
Additional enhancements include faster EP Curve loading times and customisable return period displays.
“As KCC expands globally, we understand the importance of a fast and efficient multi-model platform,” said Karen Clark, KCC CEO.
“RiskInsight is the only industrial-strength modelling platform that delivers complete transparency on all model components, as well as powerful model-building tools, so re/insurers can efficiently run multiple high-resolution models—including their own custom models—on one platform.”
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