Verisk’s Next Generation Models (NGM) improve the accuracy and flexibility of modeling complex business workflows and provide fully probabilistic financial modeling at all levels. They also enhance financial terms and contract setup, model and capture all insurance coverage and geospatial dependencies in loss accumulation and provide a more complete view of tail risk.
NGM Knowledge Center
Verisk's Next Generation Models are developed by our in-house experts driving discovery and innovation. Learn more about how NGM is impacting catastrophe modeling.
Brochure
Verisk's Next Generation Models (NGM)
Catastrophe models are being relied upon to help companies evaluate different
types of risks—from underwriting single locations to performing enterprise risk
management on distributed global portfolios.
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Next Generation Modeling for Direct, Facultative, and Treaty Lines
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Next Generation Financial Modeling for Commercial Lines
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Next Generation Modeling: Loss Accumulation
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Next Generation Financial Modeling for Residential and Small Business Lines
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Modeling Fundamentals: Understanding Uncertainty
Research publications
Read more about how Verisk's Extreme Event Solutions experts continue to contribute to the groundbreaking work of NGM in the catastrophe modeling industry.
Research Publications
- Bivariate Copula Trees for Gross Loss Aggregation with Positively Dependent Risks
- Geospatial Metrics for Insurance Risk Concentration and Diversification
- Direct and Hierarchical Models for Aggregating Spatially Dependent Catastrophe Risks
- Speeding up Risk Analyses of U.S. Flood Insurance Loss Data Using the Diffusion Map
- Split-Atom Convolution for Probabilistic Aggregation of Catastrophe Losses
- Using Intraclass Correlation Coefficients to Quantify Spatial Variability of Catastrophe Model Errors
Do more with the Verisk ecosystem
Learn more about the Verisk solutions that are adapting NGM.
The enterprise risk modeling platform
Understand your estimated exposure to loss from extreme events today—and in the future.
Cutting-edge models that quantify risks
Anticipate and plan for even unprecedented climate and geopolitical risks.
Contact us to learn more
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Support numbers:
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