Are you struggling to assess the risk of a catastrophe by using a stochastic approach to analyze the after-effects of huge rare events for which you might not be prepared? Are you looking for a service provider who can help you assess, monitor, and manage risks from all sources? Then, it is the best option for your firm to outsource CAT modeling for insurance to an experienced service provider.
Outsource2india has been a pioneer in providing quality CAT modeling for insurance services and can be your one-stop-shop for all your catastrophe modeling for insurance needs. By outsourcing catastrophe modeling for insurance to us, you will not only be prepared for the huge rare events but also save on costs and time.
Catastrophe Modeling for Insurance Services We Offer
Having been catering to the needs of the insurance industry clients for over 19 years now, we have gained enough experience to deliver the best services within a quick time. Our team comprises some of the most talented and qualified insurance experts who strive to understand the client's requirements. Some of the key CAT modeling for insurance services we offer include -
- Portfolio and Accounting Modeling
- Natural Catastrophe and Terrorism Modeling
- Exposure Profiling and Lost Report Generation
- Application of Reinsurance Programs
- Automation to Expedite Repetitive Processes
- Raw Data Scrubbing
- Personal/Industrial/Commercial/Work Comp/Life
- Conversion projects Across Proprietary Models
- Accumulation Management
Our team has been trained and is highly experienced in using a plethora of catastrophe modeling tools and technologies including, but not limited to -
- RMS - RiskLink, RiskBrowser, PTM
- CoreLogic - RQE
- AIR - TOUCHSTONE, CLASIC/2, and CATRADER
Insurance Software we use
Catastrophe Modeling for Insurance Process We Follow
Having been one of the leading providers of catastrophe modeling for insurance services, and believe in providing our clients with the best quality services in a short time by leveraging a streamlined and systematic process. The key steps involved in our catastrophic modeling process include -
01. Event Generation
In the first step, simulated events capture the severity, frequency, location, etc. of all the plausible catastrophes
02. Intensity Calculation
For each of the simulated event, the intensity of the catastrophe is calculated at each site
03. Exposure Data
The various pieces of information such as replacement value, property, and other physical characteristics are input into the model
04. Damage Estimation
In this step, the physical damage is calculated for each of the exposed sites
05. Insured Loss Calculation
The insured losses are estimated by applying the policy terms and conditions
Other Service You Can Benefit From
Why Choose O2I for Offshore Catastrophe Modeling for Insurance?
Outsourcing catastrophe modeling for insurance to us can give you access to a series of benefits. Some of the key reasons for you to choose us include -
Flexible Pricing
We provide our clients with highly affordable pricing options which will suit their budget and they have to pay only for the modeling services they opt for
Information Security
O2I is an ISO 27001:2103 ISMS certified organization which will ensure that all your insurance data, policy data, client data, etc. are completely safe
Quick Turnaround Time
We have multiple delivery centers across the globe which enable us to deliver quality services within a quick turnaround time
Experienced Catastrophe Modeling Experts
Our team comprises of well-experienced catastrophe modeling experts for insurance who have over 100+ man years of experience in this domain
High-quality Services
We are an ISO certified organization which ensure that the services we deliver are of the best quality and completely error-free
Best Infrastructure
We have access to the best infrastructure in terms of the latest catastrophe modeling tools and technologies and international-standard office spaces
Single Point of Contact
We assign a dedicated project manager to every client who will be the single point of contact for all your needs and will keep you updated about the project status
24/7 Availability
Our sales teams and project managers will be available at all times to cater to any of your needs and resolve any issues
Ease of Scalability
We have the required bandwidth and resources to easily ramp up the service requirement as and when the client needs it
Client Success Story
Insurance Back-office Solutions to Insurance Company
A leading insurance service provider was looking for a partner who could help them with insurance back-office solutions. Our team provided them with the services within a quick time.
Read moreBack-office Operations for Miami-based Client
A leading Miami-based client was looking for a partner who could assist them with back-office service for insurance. Our team provided the services within a quick time.
Read moreOutsource Catastrophe Modeling for Insurance to Outsource2india
Outsource2india has been a leading provider of catastrophe modeling for insurance in India and a series of other insurance BPO services to its global clientele. We have a team of highly qualified and skilled catastrophe modeling experts who can deliver services within a quick time without compromising on the quality. We leverage the latest catastrophe modeling tools and technologies and have state-of-the-art infrastructure to handle any of the client's requirements.
If you are looking for a reliable, effective, efficient, and cost-effective catastrophe modeling service provider, then you have come to the right place. Get in touch with us today!