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Ratings and Reviews 0 Ratings
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What is HurLoss?
HurLoss is ARA's sophisticated hurricane catastrophe model designed specifically for property insurers, reinsurers, brokers, and ILS managers to effectively manage risks in hurricane-prone areas. Established in 1998, HurLoss has been pivotal in shaping structural engineering standards in states affected by hurricanes and has played a key role in federal emergency management and mitigation efforts since 2003. The model offers an extensive event set that encompasses the entire North Atlantic basin, including regions like the U.S., the Caribbean, Bermuda, as well as parts of Canada, Mexico, and Central America. What distinguishes HurLoss is its unique physics-based approach to hurricane hazard modeling, which integrates engineering load and resistance analysis based on foundational principles and validated through claims data. Furthermore, the model includes projections for future climate scenarios, allowing users to assess risks with both present and future climatological data, such as changes in sea surface temperature and wind shear. This innovative perspective not only enhances risk assessment but also empowers stakeholders to develop robust hurricane risk management strategies that are adaptable to evolving climate conditions, ultimately ensuring a more resilient approach to disaster preparedness and response.
What is Geospiza PATH?
Geospiza PATHâ„¢ serves as an intuitive platform tailored for the evaluation of climate-related risks, equipping risk managers, sustainability teams, operations staff, and asset managers with the tools necessary to accurately assess and alleviate the dangers posed by climate change and natural disasters. The platform visually delineates how various assets are susceptible to threats like floods, extreme temperatures, droughts, hurricanes, cyclones, and wildfires, while also evaluating the potential costs and advantages of several risk management approaches. By incorporating up-to-date climate change information, Geospiza allows for a seamless shift from uncertain risks to practical solutions. Users can apply climate change analytics and disaster modeling across diverse sectors, including infrastructure, workforce, investments, and regions of strategic significance, all presented through an interactive map. By engaging with sophisticated climate risk models, organizations can achieve an in-depth understanding of the environmental challenges confronting them. Following a careful examination of these risks, businesses can formulate a strong strategy focused on risk reduction, resilience building, and adaptation to the effects of climate change, thereby ensuring a proactive stance against future adversities. This extensive framework not only aids in immediate decision-making but also encourages the adoption of sustainable practices over the long term, reinforcing a commitment to environmental responsibility. Ultimately, Geospiza PATHâ„¢ empowers users to navigate the complexities of climate risks with confidence and clarity.
Integrations Supported
Moody’s Risk Modeler
Oasis Loss Modeling Framework
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
ARA
Date Founded
1998
Company Location
United States
Company Website
www.ara.com/hurloss/
Company Facts
Organization Name
Geospiza
Date Founded
2017
Company Location
United States
Company Website
geospiza.us/solutions/
Categories and Features
Categories and Features
EHS Management
Audit Management
Corrective / Preventive Actions
Environmental Management
Environmental Risk Assessment
Forms Management
Incident Management
Industrial Safety Management
Injury Reporting
Inspection Management
MSDS
OSHA Recordkeeping
Occupational Health Management
Safety Risk Assessment
Training Management
Waste Management