Karen Clark & Company Inc.

KCC catastrophe models (product suite)

Karen Clark & Company (KCC) develops climate-conditioned catastrophe models — hurricane, severe convective and winter storm, wildfire, flood and earthquake — delivered through its RiskInsight platform across 50-plus countries. The models simulate event sets probabilistically to produce exposure, damage and insured-loss estimates, including exceedance-probability curves, for insurers, reinsurers and ILS investors; model components are disclosed to clients for inspection within the platform. Founded by a pioneer of catastrophe modelling, it positions client-side openness of assumptions as a differentiator in a field of largely proprietary models.

Vendor methodology

Transparency Score

Beta

Public transparency, not model quality iThe Transparency Score (0–3) estimates public methodological transparency: the degree to which the vendor's analytical approach to modeling climate and nature risk can be assessed from publicly available sources. It is explicitly not a measure of vendor quality or accuracy.

1

Product-level: public materials indicate risk scope and outputs, but little detail on modeling approach.

Product-level: a public product page conveys the tool's scope, covered risk types and outputs, but no methodology, data or model documentation is publicly available.

For further information, see the section 'Transparency Score methodology' in the Readme.

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