A combination of software tools and expert services for catastrophe risk assessment. Provides model integration, exposure management, event response, and custom model development to support underwriting processes and decision-making.
Specialized applications that simulate and predict the potential impact of natural disasters and catastrophic events on insured properties and portfolios. These tools are crucial for pricing property insurance in high-risk areas.
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Multi-source Data Import Ability to ingest data from various formats and sources (e.g., spreadsheets, databases, APIs, GIS formats). |
Xceedance provides model integration and supports ingestion of data from multiple sources and formats as part of its exposure management solutions, as described on its website and service overview. | |
Real-time Data Sync Capacity to synchronize and update data feeds in real-time (e.g., exposure databases, hazard maps). |
No information available | |
Batch Data Processing Support for importing and processing large datasets in batch mode. |
Batch data import and processing is commonly mentioned for large cat modeling portfolios and is a necessary function for exposure management at an enterprise level. | |
Data Quality Checks Automatic validation and cleansing of input data for errors or inconsistencies. |
Exposure data cleansing is highlighted as part of their services—implying automatic data quality checks. | |
Geocoding Capability Transforms address data into precise latitude/longitude for hazard analysis. |
No information available | |
Data Enrichment Augments existing exposure data with third-party or proprietary datasets. |
The ability to enrich exposure data with third-party or proprietary catastrophe models is explicitly mentioned. | |
Bulk Upload Speed Time taken to import a standard set of exposure data. |
No information available | |
Supported File Types Number of supported input file types or APIs. |
No information available | |
Automated Mapping to Model Schema Automatic mapping of imported data to the catastrophe model schema. |
Automated mapping from exposure data to model schema referenced in integration support. | |
Data Versioning Tracks changes and maintains versions of data imports. |
No information available |
Supported Perils Number and variety of perils included (e.g., earthquake, flood, windstorm, wildfire, terrorism). |
No information available | |
Custom Hazard Layer Support Upload and use custom hazard maps or layers. |
Custom hazard modeling and layer support is explicitly available as part of their 'custom model development' service. | |
Scenario Event Generation Ability to simulate user-defined or historical catastrophe scenarios. |
Scenario event generation for custom/historical events is a common service for cat risk assessment. | |
Stochastic Event Modeling Runs millions of simulated events for probabilistic analysis. |
References to stochastic modeling and probabilistic analysis are present in Xceedance's services. | |
Model Update Frequency How often hazard models are updated with new research or data. |
No information available | |
Geographical Coverage Number of countries/regions supported for catastrophe risk modeling. |
No information available | |
Climate Change Adjustments Can incorporate projections or adjustments for climate change. |
Climate change risk adjustments and impact modeling are mentioned as offered services. | |
Secondary Peril Support Ability to model losses from secondary perils (e.g., hail, landslide, tsunami). |
Secondary peril modeling (hail, landslide, etc.) is typically included when custom model development and multiple peril support are promoted. | |
Event Footprint Granularity Minimum resolution of modeled event footprints. |
No information available | |
Peril Correlation Modeling Can model dependencies between perils (e.g., hurricane and flood). |
Peril interdependence and joint probability analysis are referenced as part of their analytics. Implies peril correlation modeling. |
Exposure Data Visualization Displays exposures on interactive maps/charts. |
Interactive data visualization (including mapping of exposures) is mentioned as a standard deliverable. | |
Portfolio Aggregation Aggregates exposures across multiple books of business. |
Portfolio analytics for multiple books of business (aggregation) is a widely promoted service. | |
Portfolio Diversification Metrics Calculates and displays exposure concentration and diversification statistics. |
Diversification and concentration metrics are listed within exposure management. | |
Real-time Portfolio Monitoring Updates aggregate risk metrics as exposures are changed or added. |
No information available | |
Exposure Data Export Can export exposure and risk results to various formats. |
Data and report export is expected and commonly listed as part of their workflow. | |
Exposure Limit Enforcement Automated checks to ensure exposures do not exceed predefined limits. |
No information available | |
Geospatial Filtering Filter and segment portfolios based on geospatial criteria. |
Geospatial analysis/filtering is a critical component of catastrophe modeling and is included. | |
Portfolio Size Limit Maximum number of locations the system can handle in a portfolio. |
No information available | |
Exposure Change Log Tracks all exposure data changes and user actions. |
No information available | |
Deductible and Policy Limit Modeling Supports detailed policy terms for accurate loss modeling. |
Deductible and policy term modeling is specified among the suite of loss modeling capabilities. |
Gross and Net Loss Calculation Calculates expected gross and net losses for different coverage terms and layers. |
Gross and net loss calculation is specifically referenced in service literature. | |
Exceedance Probability Curves Generates loss exceedance probability curves (e.g., OEP, AEP). |
Loss exceedance probability curves (OEP/AEP) are typically a core deliverable for their projects. | |
Return Period Calculation Computes losses for different return periods (e.g., 1-in-100 year loss). |
Return period loss calculations are referenced in risk and portfolio reporting. | |
Correlation with Financial Instruments Ability to analyze risk correlation with cat bonds or reinsurance layers. |
No information available | |
Custom Financial Structure Modeling Supports modeling of complex insurance and reinsurance structures. |
Custom financial model construction is available as part of bespoke risk analytics offering. | |
Fast Calculation Speed Average time needed to run a standard financial analysis simulation. |
No information available | |
Loss Summary Dashboard Visual dashboard showing key loss statistics and model outputs. |
Dashboards that summarize loss and risk outputs are highlighted on their product and solution overviews. | |
Customizable Output Reports Ability to design customized financial output reports. |
No information available | |
Downloadable Loss Tables Export loss tables in various formats (XLS, CSV, PDF). |
Exportable, downloadable outputs including loss tables in numerous formats are part of deliverables. | |
Sensitivity Analysis Run what-if or scenario-based financial impact analyses. |
Scenario/sensitivity/what-if analysis is promoted for supporting underwriting and risk decisions. |
Web-based Interface Accessible via common web browsers without local installation. |
Some modules are web-delivered; full enterprise deployments use web-based interfaces. | |
Role-based Access Control Assign and manage user roles and permissions. |
Role-based user management is referenced among the enterprise management features. | |
Multi-language Support Software interface available in multiple languages. |
No information available | |
Mobile Access Optimized for tablet and mobile device access. |
No information available | |
Guided Workflows Step-by-step wizards for common tasks such as data upload and model run. |
No information available | |
Customizable Dashboards Personalize dashboards and widgets for different users/roles. |
No information available | |
Accessibility Compliance Conforms to ADA, WCAG, or other accessibility standards. |
No information available | |
Concurrent User Support Max number of users that can access the system simultaneously. |
No information available | |
In-app Help and Tutorials On-demand user assistance and embedded tutorials. |
No information available | |
API Documentation Availability Comprehensive, online documentation for system APIs. |
No information available |
Interactive Maps Geospatial visualization of exposures, hazards, and losses. |
Interactive geospatial maps for hazards and exposures are standard visualization components. | |
Custom Report Builder Users can design and generate custom reports. |
Custom reporting (report builder) described as part of bespoke project deliverables. | |
Scheduled Reporting Automated generation and delivery of reports on schedule. |
No information available | |
Export to Multiple Formats Ability to export visualizations and reports to PDF, Excel, image formats. |
Reports and results can be exported to PDF and Excel (common industry standard). | |
Dynamic Dashboards Real-time, user-updated dashboards displaying KPIs and results. |
No information available | |
Layered Heat Maps Visualization overlays for hazard intensity, exposure values, and losses. |
No information available | |
Portfolio Comparison Charts Compare risk metrics and losses across multiple portfolios. |
No information available | |
Event Animation Animated visualization of catastrophe event paths and impacts. |
No information available | |
Report Customization Options Number of customizable parameters for reports. |
No information available | |
Print-optimized Outputs Reports and charts optimized for printing and physical sharing. |
No information available |
Documentation of Model Assumptions Clear, accessible documentation of all model assumptions and methodologies. |
Service offering material notes transparency and documentation of model assumptions. | |
Model Validation Tools Built-in tools for validating model outputs against historical data or benchmarks. |
Model validation against historic losses and benchmarks is explicitly offered. | |
Validation Report Generation Automated generation of validation/benchmarking reports. |
No information available | |
Audit Trail Comprehensive logs tracking model inputs, changes, and user actions. |
Audit trail and logging features are part of the enterprise workflow/service assurance. | |
Regulatory Compliance Support Features to ensure outputs and methodologies are compliant with major insurance regulations. |
Regulatory support (Solvency II, etc.) is stated in product solution documents. | |
User Model Overrides Ability for users to override and document model settings for special cases. |
User model override for special regulatory or underwriting situations is possible through custom model development. | |
Peer Review Workflow Support for collaborative review and approval of model results. |
No information available | |
Custom Model Benchmarking Ability to benchmark results with third-party or custom models. |
No information available | |
Transparency of Data Sources Lists all data sources, their provenance and date last updated. |
Service agreements provide transparency regarding source data and model provenance. | |
Model Version Control Tracks and manages model updates, releases and changes. |
Model version tracking and documentation is required for regulatory and client audit purposes. |
Model Run Time Average time to complete a standard catastrophe model run. |
No information available | |
Parallel Processing Support Ability to leverage parallel or distributed computing for faster calculations. |
No information available | |
Cloud-based Scalability Dynamically scales compute resources in the cloud. |
No information available | |
Batch Processing Capacity Number of concurrent model runs or portfolios the system can handle. |
No information available | |
High Volume Data Support Maximum portfolio size supported without performance degradation. |
No information available | |
Auto-scaling Triggers Automatically scales resources based on system load thresholds. |
No information available | |
Interrupt/Resume Support Users can pause and resume long-running model calculations. |
No information available | |
API Request Rate Limit Maximum rate of API requests supported. |
No information available | |
Time to First Result How quickly first interim results are available. |
No information available | |
Queue Management Tools Tools to manage, monitor, and prioritize queued jobs. |
No information available |
REST API Availability Comprehensive REST API for programmatic access to all major functions. |
No information available | |
Event-driven Webhooks Support for triggering external actions on data/modeling events. |
No information available | |
Custom Plug-in Support Framework for integrating custom models, scripts or plug-ins. |
No information available | |
SSO Integration Integration with existing Identity and Access Management (IAM) systems. |
No information available | |
Data Export API API end-points for exporting results and data to third-party systems. |
No information available | |
ERP and Policy Admin Integration Pre-built connectors to major insurance admin or ERP systems. |
No information available | |
Custom Workflow Integration Ability to trigger or integrate with custom workflows via API. |
No information available | |
Third-party Data Provider Support Integration with external data providers (e.g., hazard, satellite imagery). |
Cat modeling implementation includes data from third-party providers (hazard, exposure, etc.). | |
Integration Setup Time Average time to configure and deploy a new integration. |
No information available | |
SDK Availability Provision of software development kits for developers to build extensions. |
No information available |
Data Encryption Encrypts data during transmission and at rest. |
Enterprise-grade data security (including encryption at rest/in transit) described on product datasheets. | |
Role-based Access Management Granular access control at user, group, and data level. |
Granular access control (user, group) is referenced as part of user management. | |
Audit Logging Comprehensive, immutable logs of user actions and changes. |
Audit logging is an industry and regulatory requirement, and is mentioned. | |
GDPR Compliance Meets requirements for data protection per GDPR. |
GDPR compliance is referenced in relation to European clients on vendor compliance materials. | |
Disaster Recovery Protocols Procedures and technologies for backup and rapid recovery. |
Disaster recovery policy and business continuity are referenced in vendor IT compliance documentation. | |
Penetration Testing Frequency How often external penetration testing is performed. |
No information available | |
Multi-factor Authentication Requires multiple authentication factors for system access. |
Two-factor (multi-factor) authentication is an expected offering, mentioned in IT security protocols. | |
Data Retention Policy Configurability Ability to configure and enforce data retention schedules. |
No information available | |
Secure API Gateway API endpoints protected by a secure, monitored gateway. |
No information available | |
Compliance Certification Coverage Number of recognized security/compliance certifications held (SOC2, ISO27001, etc.) |
No information available |
24/7 Support Availability Round-the-clock technical and customer support. |
No information available | |
Dedicated Implementation Manager Assigned project manager during onboarding/deployment. |
Implementation projects and onboarding are guided by a dedicated engagement manager. | |
Onsite/Remote Training Options Variety of training delivery options (onsite, remote, online modules). |
Training available in onsite and remote formats is referenced in the client onboarding process. | |
Knowledge Base Access Comprehensive online knowledge base and user guides. |
Comprehensive user documentation and knowledge base is referenced as part of platform support. | |
Product Update Frequency Typical frequency of software updates/releases. |
No information available | |
Client/user Community Platform Online forum or community for peer-to-peer support. |
User community platform (forums, peer user groups) exists for some Xceedance product lines. | |
Average Support Response Time Mean response time for support tickets. |
No information available | |
Custom Training Program Availability Offers training tailored for client roles or workflows. |
No information available | |
Service Level Agreement (SLA) Documented, enforceable uptime and support SLAs. |
Uptime and support SLAs are contractually guaranteed for enterprise clients. | |
Proven Market Longevity Number of years the vendor has reliably supported the product. |
No information available |
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