Underwrite Physical Climate Risk With Confidence
Asset-level Expected Annual Loss and Climate Value-at-Risk for underwriting, pricing, and accumulation management.
Floodlight translates ten physical hazards into a single audit-ready financial number per insured asset - Expected Annual Loss, percentile Climate VaR, and a Climate-Adjusted Asset Value - so underwriting and portfolio teams can price risk and manage accumulation with the same rigor as market and credit risk.
The Underwriting Problem
Legacy catastrophe models were built for historical loss patterns, not a shifting climate baseline.
Backward-Looking Models
Traditional cat models are calibrated on historical loss experience. They systematically understate risk as hazard frequency and severity shift under a changing climate.
Coarse Geographic Resolution
Zip-code or county-level risk scores miss the asset-specific factors - elevation, construction, proximity to water - that actually drive loss severity.
Slow Accumulation Visibility
Portfolio accumulation reports often lag bind dates by weeks, leaving underwriters unable to see concentration risk in real time as new business is written.
Asset-Level Risk, Independently Measured
Satellite observation and published damage curves, not proprietary black-box scoring.
Ten-Hazard Coverage
Coastal surge, riverine flood, seismic, wildfire, wind, heat, cold, drought, snow, and ice - each with its own probability mapper and damage function.
Expected Annual Loss Per Asset
A single financial figure per insured property, suitable for pricing, reserving, and reinsurance treaty structuring.
Real-Time Hazard Alerts
SIREN delivers continuous monitoring across 10+ hazard types with Financial VaR, so underwriting sees emerging exposure as it develops, not at renewal.
Portfolio Accumulation Views
Covariance-adjusted roll-up of asset-level VaR to portfolio level, with concentration heatmaps for treaty and retention decisions.
Built for Your Team.
Designed for the people who drive climate strategy and compliance.
Pricing & Risk Selection
Underwriters
Price physical risk with an auditable, asset-level EAL figure instead of a coarse territory score.
Reserving & Capital Modeling
Actuaries
Feed Climate VaR distributions directly into reserving and capital-adequacy models.
Accumulation Management
Portfolio & Treaty Managers
See concentration risk across the book in real time as new business binds.
Aligned with Leading Frameworks.
Our data and reporting tools help you meet the requirements of major disclosure frameworks.
Solvency II
Solvency II (EU insurance capital adequacy directive)
NAIC
National Association of Insurance Commissioners climate risk disclosure
IFRS 17
IFRS 17 Insurance Contracts
Powered by Floodlight’s Platform.
Our integrated modules work in harmony to deliver comprehensive climate intelligence.
REST
Asset-level Climate VaR: Expected Annual Loss, percentile VaR, Climate-Adjusted Asset Value.
Learn morePrice physical risk with confidence.
Get a sample Expected Annual Loss assessment for a book of insured assets.