American Family Licenses KCC Catastrophe Models
Karen Clark & Company (KCC) has announced that American Family Group has licensed KCC’s full suite of US catastrophe models. The models are delivered through KCC’s RiskInsight open loss modeling platform.
‘We’re thrilled to be partnering with American Family, one of the country’s largest and most highly regarded insurers,’ said Karen Clark, CEO of KCC.
‘We’re looking forward to working with their diverse team of risk management, actuarial, modeling, and other technical experts, who are well-positioned to leverage the capabilities of the KCC models and applications.’
‘Effective catastrophe modeling practices require unique and valuable views of risk,’ said Joseph Gates, chief risk officer at American Family. ‘We value models that are rigorous in their scientific application and generate high-resolution loss estimates with complete spatial coverage.’