In a world juggling financial crisis and climate peril to meet the infrastructure investment gap, cat models are cornerstone for all sorts of infrastructure decisions. Simulating threats and exposure, assessing vulnerabilities and measuring losses, can guide resiliency planning of investors and operators and help insurers and underwriters price insurance coverage.
Our expertise
We champion a highly specialized approach – bolstered by mechanics and advanced analytics – for assessing damages and losses of infrastructure systems. Depending on the scale of analysis, we can either focus on the performance of a single asset and its components, or we can work at a system-level to identify network fragilities and estimate business disruption.
Catastrophe is unpredictable
When modelling catastrophe, uncertainty is everywhere. Our models are built on probabilistic frameworks to help decision making for low-probability events.
Physics-based modelling
We use physics-based modelling to associate structural performance with damage, and damage with physical loss and downtime. This brings science to the art of underwriting, allowing the simulation of highly complex systems for which data are scarce and loss-ratios are conservatively high.
BI losses for damage-driven events
For major disruptive events, business interruption losses can account for a significant proportion of total loss. Our experts exploit agent-based models and network/traffic analyses to translate physical loss to indirect loss and loss of revenue, and monitor the recovery path of infrastructure systems.
BI losses stemming from external risks
Modelling of infrastructure losses is not agnostic to the broader socio-economic environment in which the infrastructure operates. Disruption of auxiliary networks, production, utility service interruption, or limited inaccessibility of users may produce loss of revenue even when the infrastructure itself remains intact.
What we offer
Relevant projects
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Climate and Natural Disasters Risk
Road Transportation
Probable maximum loss assessment for Attiki Odos highway
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Climate and Natural Disasters Risk
Road Transportation
Enhancing climate resilience in urban mobility in Matola
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Climate and Natural Disasters Risk
Road Transportation
Decision Support System for Increasing the Resilience of Transportation Infrastructure
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Climate and Natural Disasters Risk
Road Transportation
Development of a Support Platform for Engineering Decisions: Application to Highways
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Climate and Natural Disasters Risk
Energy & Renewables
Physical Risk Assessment for Protergia Plant
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Climate and Natural Disasters Risk
Energy & Renewables
Probable Maximum Loss of an industrial plant in case of an earthquake
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Climate and Natural Disasters Risk
Insurance
Design and implementation of a parametric insurance cover to mitigate earthquake risk of infrastructure systems
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