KCC US Severe Convective Storm (SCS) Model Recognized by InsuranceERM
BOSTON--(BUSINESS WIRE)--Karen Clark & Company (KCC) is pleased to announce the company has won the “highly commended” designation in the Climate Risk Modelling Solution of the Year category of the 2026 InsuranceERM Global Climate Risk & Sustainability Awards for its Severe Convective Storm (SCS) model. SCS risk has become one of the most significant challenges facing (re)insurers, accounting for over 60 percent of annual weather-related property claims. SCS average annual losses are tw