CARRIER CLAIM PREVENTION > Actuarial Support

Actuarial Support

Chloeta provides carriers with detailed risk analysis and modeling to better understand wildfire exposures. This insight supports more informed underwriting decisions and strategic risk management before a wildfire occurs. 

Underwriting Support 

Chloeta data scientists and consultants support property and casualty carriers by delivering precise wildfire risk intelligence that enhances underwriting decisions. For example, Chloeta develops property-level wildfire risk scores using high-resolution geospatial data, historical fire perimeters, vegetation density, and climate trends to evaluate exposure more accurately than generalized third-party models. These custom assessments help underwriters determine appropriate coverage limits, pricing, and risk acceptance criteria.

Additionally, Chloeta provides scenario-based analytics, such as projected fire spread under specific weather conditions, that inform decisions in high-risk zones, enabling carriers to refine eligibility guidelines, apply mitigation credits, and reduce loss ratios through more informed policy placement and pricing.  

Risk Modeling 

Chloeta brings extensive experience in wildfire risk assessment, specifically tailored to the needs of actuarial and modeling teams within property and casualty carriers. With deep expertise in wildfire behavior, vegetation, climate trends, and mitigation strategies, Chloeta has supported insurance-focused risk analysis and actuarial modeling to enhance underwriting accuracy and portfolio risk evaluation. This specialized knowledge, grounded in both historical fire data and evolving threats linked to climate change and wildland-urban interface expansion, enables a precise understanding of exposure dynamics. 

Using advanced data analytics, geospatial datasets, satellite imagery, historical burn records, and proprietary modeling tools, Chloeta develops granular, location-specific wildfire risk profiles that surpass conventional sources in accuracy and relevance. These insights support more informed actuarial modeling, pricing strategies, and underwriting decisions. By integrating cutting-edge science with flexible, client-specific analytics, Chloeta delivers tailored solutions that align with insurer operational objectives and risk tolerance thresholds. 

Model Validation  

Chloeta data scientists and consultants provide model validation services to property and casualty carriers by independently evaluating and enhancing the accuracy of existing wildfire risk and claims loss prediction models and tools. For example, Chloeta compares insurer-generated wildfire loss models against historical ignition data, burn perimeters, and real-world claims outcomes to identify gaps or overfitting existing algorithms.

Using proprietary geospatial datasets and fire behavior simulations, Chloeta validates input assumptions, such as vegetation fuel load, slope, and wind influence, and calibrates model outputs to improve alignment with actual loss Using proprietary geospatial datasets and fire behavior simulations, Chloeta validates input assumptions, such as vegetation fuel load, slope, and wind influence, and calibrates model outputs to improve alignment with actual loss experience. This ensures underwriting decisions and pricing strategies are based on reliable, field-tested risk projections that reflect evolving wildfire threats. 

Data Management Services 

Chloeta provides cloud-based, scalable software development and data management services specifically tailored to the needs of insurance industry clients managing wildfire risk. Services include the development of secure, high-performance applications, robust data pipelines, and custom APIs that integrate seamlessly with underwriting platforms, actuarial models, and risk analysis tools.

Solutions are built with cross-platform compatibility, real-time data synchronization, and strict security protocols to ensure data integrity and regulatory compliance. Whether modernizing legacy systems or deploying new wildfire risk analytics platforms, Chloeta’s flexible, cloud-native architecture supports scalable growth and operational efficiency across insurance workflows.