Catastrophe risk modeling platform for insurance and reinsurance
Karen Clark & Company builds loss modeling software for the insurance and reinsurance sector, with a tech stack spanning C#, Python, FORTRAN, and R across Windows and AWS/Azure infrastructure. The project pipeline—earthquake models, building vulnerability layers, flood hazard mapping, post-event damage surveys—reflects a research-intensive, model-building organization where engineering and research headcount are nearly balanced, signaling sustained R&D investment in model validation and accuracy rather than rapid feature shipping.
Karen Clark & Company develops catastrophe risk management software for insurance and reinsurance companies globally. The core product is RiskInsight, an open loss modeling platform supporting major perils including hurricanes, earthquakes, and severe convective storms. The company operates from Boston with a small, specialized team focused on advancing catastrophe modeling techniques—including the Characteristic Event (CE) methodology and real-time event tracking—and building out geospatial analysis tools (QGIS, ArcGIS) for loss estimation and model visualization.
C#, Python, FORTRAN, R for modeling; SQL Server and PostgreSQL for data; AWS and Azure for infrastructure; ArcGIS and QGIS for geospatial visualization; GitHub and Azure DevOps for development workflows.
Active projects include a global earthquake model suite, building vulnerability models, flood hazard mapping, loss modeling applications, post-event damage surveys, and enhancements to both front-end and back-end components of their Windows-based catastrophe modeling platform.
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