AllRiskTM is a technology-leading catastrophe risk management software. When it comes to providing advanced solutions for portfolio risk analysis, AllRiskTM quickly emerges as the industry leader. This unique software includes many special features that extend beyond the capabilities of other well known models and provide analysts a better tool for managing risk.
AllRiskTM can be used by insurers, reinsurers, intermediaries, bankers, property owners, or risk managers. Operation of this tool is quite easy, requiring very limited training resources.
By accounting for correlation, extreme losses are modeled with more accuracy.
The AllRiskTM Earthquake model covers all of the US and Canada. There are over 1.7 million earthquake events in its exhaustive event database, ensuring enough coverage to account for "unexpected" events.
The AllRiskTM Hurricane model covers the eastern seaboard of the US. The simulated events are derived from an advanced process whereby all storms in the HURDAT storm database are used, as opposed to only those that are land-falling. For example, the AllRiskTM model makes use of data from over 900 storms for simulating hurricanes in Florida alone. Most other models include less than 70 storms for their historical data interpretations.
Risk Engineering, Inc. is very well known in the hazard assessment community for providing advanced solutions to risk analysis problems. AllRiskTM, along with its predecessor EQLOSS, have been in existence since 1989.