Every year California releases its Damage Inspections (CALDINS) data from wildfires across the state. In 2020, the data surveyed 28,626 impacted structures denoting damage level in 6 categories, ranging from “No Damage” to “Destroyed”. RedZone compared its RZ Risk 3 model to the damage found – and the data did not surprise us! Read more
Here at RedZone we take pride in how our technology empowers stakeholders to make informed decisions about wildfire risk. Especially since 2017. Other models often don’t provide an accurate wildfire risk assessment. As a result, Underwriters and Catastrophe Managers spend more time researching additional data. RZRisk delivers the exact resources and information underwriters need to efficiently and confidently assess wildfire hazard, saving them time and money. One of our favorite things to do is to take a step back and evaluate how our risk model performed after wildfires cause losses. RedZone did this recently with California’s most destructive fire ever, November 2018’s Camp Fire.
This week, RedZone Software is in attendance at the Cat Risk Management Conference in Orlando, FL. The conference is hosted every year by the Reinsurance Association of America (RAA). The event brings leading global experts together to meet and discuss catastrophe risk management. Representatives from all across the industry were present, including: reinsurers, modeling companies, researchers, regulators, and academics. As the conference subtitle for 2020 indicates, attendees are experiencing “Forward Looking Catastrophe Risk Management”! This is RedZone’s 3rd year in attendance featuring the RZRisk and RZExposure solutions we offer.
In Late February RedZone Software CEO Clark Woodward and COO Michael Flannery attended the Cat Risk Management Conference in Orlando, FL. The conference is hosted every year by the Reinsurance Association of America (RAA). The event brings leading global experts together to meet and discuss catastrophe risk management. Representatives from all across the industry were present, including: reinsurers, modeling companies, researchers, regulators, and academics. As the conference subtitle for 2019 indicates, attendees are invited to look toward “The Future of Catastrophe Management – 2020 and Beyond”! This is RedZone’s 2nd year in attendance featuring the RZRisk and RZExposure solutions we offer.