KatRisk expands risk management capabilities with Symfos purchase

Catastrophe risk modelling specialist KatRisk has acquired Symfos, a UK company known for its Orchestra underwriting and portfolio management platform. Financial specifics of the deal remain undisclosed. Symfos develops software for the reinsurance sector, with a focus on catastrophe risk pricing, portfolio management and exposure analytics. This deal combines KatRisk’s climate and catastrophe analytics with Symfos’ software, which helps insurers utilise risk data in underwriting and portfolio decision ...