Case Study: KatRisk enables real-time reinsurance pricing and saves months of development with Domino Data Lab

Building and Delivering Risk Models to Global Insurance Companies

KatRisk is a leading catastrophe‑modeling firm that builds open‑architecture R models for flood and wind risk. A major reinsurance client wanted to invoke those models programmatically in real time for automated policy pricing, but KatRisk lacked a production‑grade delivery mechanism that could guarantee high reliability, zero‑downtime updates and handle models dependent on massive data (nearly 17B).

KatRisk used Domino’s data‑science platform to publish their existing R code as production REST APIs with no code changes; Domino provided high availability, SSL, zero‑downtime upgrades and low‑latency serving. The integration took days, saving months of development time and tens of thousands in engineering and operational costs, while enabling rapid real‑time pricing and giving KatRisk ongoing benefits from Domino’s reproducibility, collaboration and scalable compute features.

KatRisk

Dag Lohman

CEO