Flexible, customizable PCS® catastrophe data delivery
FlatCat® puts the entire Property Claim Services® (PCS®) catastrophe-history database right at your fingertips. It offers you a flexible delivery method that gives you fast, easy access to severe weather and catastrophe incident information from as far back as 1950. You can customize, analyze, and integrate the data right into your own system.
FlatCat enhances your ISOnet® PCS core service for an additional cost and is an unsurpassed tool for helping you make better decisions about your capital.
Get more catastrophe information faster: FlatCat gives you confidence because it supplies the most up-to-date and relevant information. You can access catastrophe serial numbers, definition extensions, and loss estimates to analyze the effects of catastrophes in certain states and by storm type.
It lets you:
- better allocate capital and other resources
- improve underwriting
- streamline catastrophe planning
- optimize your reinsurance purchases and other forms of risk transfer
Capture more catastrophe claims: Your system will match call center reports to the catastrophe definition in your company's database. Fewer claims will slip through the cracks, eliminating the need to check information manually.
Analyze PCS catastrophe data in the format you choose: You can format the data to suit your needs and integrate it into your own system. FlatCat gives you the flexibility to create customized reports and perform a broad range of analyses.
How it works
FlatCat is an encrypted flat-file database, and you must have the IT capabilities to incorporate it into your system. Using Verisk's secure FTP servers, FlatCat provides a daily data file that includes:
- catastrophe serial numbers
- dates of occurrence
- states affected
- types of catastrophes and perils
- all loss estimates from preliminary to final (estimated payment, average payment, number of claims, total dollars)
Our staff will coordinate with your IT personnel and make any system changes needed to implement an automated daily download. Once you have those changes in place, the process works automatically. The data you download is always secure, as we support PGP Encryption over FTP and Tumbleweed Valicert Secure Transport™.
Need a more basic analytic solution?
If you don't have the IT capabilities to support FlatCat but can benefit from the sophisticated analytic catastrophe data, check out our CatCube® catastrophe-history database. You receive all the key information that FlatCat offers through an easy-to-use web-based system with PCS-identified search criteria.