How Ocean Ledger Empowers Underwriters & Cat Risk Modellers

Cat Risk Modellers

Create a Storm Surge Model

• Leverage an up-to-date Digital Elevation Model
• Ensure precise elevation for bathymetry, coastal vegetation
• Update monthly and post-event (e.g Hurricane)
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Post-Calibrate Other Vendor Storm Surge Model Output

• Validate RMS, Verisk, and other vendor model storm surge output
• Overlay historical erosion hotspots to sense check
• Adjust materiality threshold

Property, Port, & Construction Underwriters

Underwrite highly exposed coastal zones with confidence:

• Aggregate and property-level risk index for storm surge vulnerability
• Historical geomorphic & correlated weather trend analysis & anomaly detection
• Quarterly audit report for surveillance ahead of renewal
• Rapid damage assessment post-event trigger

Product Line Integration

Property and Casualty / Real Estate

• Coastal vulnerability baseline & portfolio & asset-level risk assessment
• Shoreline change forecast (erosion & accretion)
• Climate-scenarios for flood-risk, taking into account underwater topography, shoreline & natural defense 

‍Construction / W&I / M&A‍

• Coastal vulnerability baseline & asset-level risk assessment
• Business interruption modeling
• Stress testing of W&I statements

Aviation - Airport / Logistics

• Coastal vulnerability baseline & risk assessment
• Business interruption modeling

Port Authorities and Marine Terminals

• Coastal vulnerability assessment, specifically shoreline & underwater topography change (i.e ship navigation route blockage) 
• Business interruption modelling
• Denial of Access