Catastrophe Risk Engineering
Assess risk to high-value, complex exposures not typically addressed by traditional models.
Verisk Catastrophe Risk Engineering (CRE) consultants can provide you with site-specific, engineering-based risk assessments of complex, high-value commercial and industrial exposures that may be challenging to model using standard catastrophe modeling techniques.
Verisk’s CRE assessments can help you more accurately quantify, mitigate, and manage your catastrophe risk for a single structure or an entire portfolio of exposures. CRE consultants use a variety of techniques, including a combination of probabilistic hazard modeling, on-site structural evaluations with detailed earthquake and wind engineering analyses, and network interconnectivity evaluations. We work with you to provide the type of analysis best suited to your distinctive needs.
Global Supply Chain Risk
Catastrophic events have the potential to not only to cause direct damage to a company’s buildings, but also to disrupt its process and supply chains. Site-specific, engineering-based assessments combine detailed network analysis with Verisk’s catastrophe risk models to appraise the vulnerability of your global production network, including partial downtime for all nodes and resulting disruptions.
Optimize Business Potential
Your detailed structural engineering analysis can help you create a reliable, defensible, and transparent view of the risk to exposed assets, while helping you make informed decisions about financial and physical risk mitigation; insurance and reinsurance purchasing; minimizing uncertainty; and responding to changes in physical property, operations, and supply chain exposures.
Business Owners and Corporate Risk Managers:
Structure, manage, and communicate your catastrophe risk to shareholders, brokers, rating agencies, and underwriters with clarity.
Reduce uncertainty surrounding your clients’ catastrophe risk and increase your value as a trusted advisor.
Price, structure, and negotiate complex or previously non-modeled risks and expand your range of services.