Willis RE is one of the world’s premier global reinsurance brokers with more than $12.2 billion in U.S. insurance premiums.
Chuck Watson, chief operating officer of Kinetic Analysis Corp., said his company’s real-time analysis will help Willis RE measure the financial impact of weather events accurately and immediately.
“KAC seamlessly integrates global data collection, advanced numerical modeling, statistical analysis and GIS technology to focus on a wide range of issues that concern government agencies and private sector investors,” Watson explained.
KAC incorporates a wide range of data resources, including remote sensing from orbital platforms developed by NASA and other agencies, automated weather stations, data from ships and aircraft, and economic and news reports, integrated in real time.
Kinetic Analysis Corporation’s clients include commercial weather services, catastrophic risk underwriters, national and state emergency management agencies, international development financing agencies and commodities traders.
Kinetic Analysis Corporation is a client company of the University of Central Florida Business Incubation Program with offices in the Central Florida Research Park and Silver Springs, Md. KAC is an industry partner with UCF through their work with Dr. Mark Johnson, a renowned professor of statistics.
About the UCF Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 130 emerging companies (including nearly 80 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With six facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, The City of Sanford, Lake County, the City of Leesburg, and the Florida High Tech Corridor Council.