KatRisk acquires Gamma

Catastrophe modeling company KatRisk has acquired Gamma , a location intelligence company.

The deal gives KatRisk access to Gamma’s tools and data for assessing property risks and mapping flood exposure, particularly in areas with limited data.

“Our acquisition of Gamma is a major step forward in our mission to provide the most comprehensive, high-resolution risk data available. By combining our catastrophic risk models across floods, storms, and fire with Gamma’s location intelligence capabilities, we will deliver an even more powerful suite of tools that improves risk selection, reduces loss ratios, and enhances underwriting efficiency.” – Brandon Katz, EVP of Strategy at KatRisk.

“The combination of Gamma and KatRisk represents an exciting opportunity for our customers and partners. Joining KatRisk gives us access to the world’s leading catastrophe modelers, while opening global markets for Perilfinder™. Together, our combined strengths in catastrophe modeling and location intelligence will empower insurers and underwriters to make smarter, faster risk decisions with greater confidence.” – Feargal O’Neill, CEO of Gamma.