MRT

Hello

Click on map to underwrite a risk; move the mouse so MRT mitigates your loss.

The Solutions and Services we offer

Catastrophe Modelling;

Natural;
Man-made.

Climate Change Modelling;

Higher vs. Lower Warming Pathways;
The next decade of climate risk:

Weather extremes;
Exposure growth;
Vulnerability shifts;
Inflation driven loss escalation.

Different Perils (TC, Flood, Drought, Severe Convective Storm, Wildfire) shift in rate and severity.
Built to meet PRA and Lloyd's expectations for climate related financial risk.

Risk Assessment;

Portfolio;
Policy;
Location.

Vendor Model Evaluation & Validation;

Quantitative Materiality Assessment;
Independent Model Validation & Assurance Reporting;
Major Model Change Governance.

Industry Exposure Data Development;

Standardized asset classification across sectors;
High resolution geospatial mapping;
Peril specific attributes for rate & severity modelling;
Insurance ready replacement cost estimation.

Model Innovation;

Property;
Casualty;
Aviation.

Innovation of Deterministic Scenarios;
Spatial Analysis & GIS (Arc GIS & Open Source GIS App);
Map Generation (Google Earth, Python, Arc GIS, HTML);
Tools Innovation & Development;
Standard reports - Auto reporting;
Programming in Python, C#, VBA, SQL, and R;
Training.

Underwriting

Mapping tools using data aggregation for the new risk decision making;
Risk scoring and peril specific underwriting guidelines;
Location level hazard assessments and risk grading;
Pricing support using modelled AAL, EP curves, and climate adjusted metrics;
Underwriting referrals for complex or high risk submissions;
Event Response Exposure/loss mapping/dashboard.

Exposure Management

Innovation of Deterministic Scenarios:

Design, Specification and parameterization;
Specification of footprint, and damage factors;
Innovation of simple, yet sophisticated solutions;

Vendor Model Evaluation & Validation;
Tools Innovation & Development:

Probabilistic Modelling Using Underwriters View of Loss;
Portfolio Optimisation and Marginal Impact Analyses;
Region-Peril Materiality Assessment;
Auto Reporting;
Post Event Response - Creation of Hazard Footprint and Exposure/Loss Estimation;
Data Cleansing.

Map Generation:

Google Earth Visualization;
HTML 2D Mapping.

Model Development

Natural Catastrophe Model for earthquake, windstorm, flood, wildfire, sandstorm;
Man-made Catastrophe Model;
Model Innovation:

Event Loss Table generation for attritional and non-modelled perils;
Exposure Calculation;
Cold spot Aggregate Modelling;
Exposure Modelling;
Global Post Loss Amplification;
Global Contingent Business Interruption Model;

Vendor Model Evaluation & Validation

Quantitative Materiality Assessment;

Generation of a Red-Amber-Green materiality scheme;
Core (Red) Extensive validation reports needed;
2nd Tier (Amber) Moderate validation reports needed;
3rd Tier (Green) No validation reports needed;

Validation of New Released Catastrophe Models;
Generation of View of Risk;
Catastrophe Model Vendors Evaluation & Comparison:

Evaluation of Vendor A versus B;
Comparison of each component of Vendor A versus B;
Sophisticated blending of Vendor A & B components and results to finally prepare (re)insurers view of risk.

Major Model Change Governance;
Preparation of Catastrophe Model Validation Documents;
Previous Cat model validations:

North America Earthquake;
North Atlantic Hurricane;
European Windstorm;
European Earthquake;
Japan Windstorm;
Japan Earthquake;
Australia Windstorm;
New Zealand Earthquake;
Chile Earthquake;
Central America Earthquake;
Caribbean Earthquake;
Industrial Facility Model.

Innovation of Tools

Probabilistic Modelling Using Underwriters View of Loss;
Portfolio Optimization;
Marginal Impact Analyses;
Auto Reporting;
Post Event Response - Creation of Hazard Footprint and Exposure/Loss Estimation; Data Cleansing;
Maps: Google Earth 5D, GIS & HTML 2D.
Exposure Management Python Package;

Training

Building the Next Generation of Technical Leaders:

Structured training to enhance:

Catastrophe modelling accuracy;
Analytical competencies across the team;
Analytical workflows;
Auto-reporting;
Semi-Auto-rollup;
Coding and Development;
Governance;

Cat Model Validation;
Coding in SQL, R, Python, C# and VBA ;
GIS, Spatial Analysis, Data Visualization;
Introduction on:

Catastrophe modelling;
Insurance.