KatRisk, a leading provider of catastrophic risk modelling software for the insurance and financial services industries, has acquired Gamma in a move to expand its risk analytics capabilities and strengthen its global presence.
The acquisition will see Gamma’s geospatial and property-level visualisation capabilities integrated into KatRisk’s advanced catastrophe modelling tools.
While the value of the deal has not been disclosed, it is positioned as a strategic move to expand KatRisk’s product suite and strengthen its global footprint.
Gamma’s Perilfinder™ platform, developed with leading global insurers, will enhance KatRisk’s offerings by enabling insurers to visualise risks—such as flood, wind, and wildfire—at the property level. Backed by TA Associates and General Atlantic BeyondNetZero, KatRisk continues to invest in innovation and global growth through data-driven climate resilience solutions.
KatRisk EVP of strategy Brandon Katz said, “Our acquisition of Gamma is a major step forward in our mission to provide the most comprehensive, high-resolution risk data available. By combining our catastrophic risk models across floods, storms, and fire with Gamma’s location intelligence capabilities, we will deliver an even more powerful suite of tools that improves risk selection, reduces loss ratios, and enhances underwriting efficiency.”
Gamma CEO Feargal O’Neill said, “The combination of Gamma and KatRisk represents an exciting opportunity for our customers and partners. Joining KatRisk gives us access to the world’s leading catastrophe modelers, while opening global markets for Perilfinder™. Together, our combined strengths in catastrophe modeling and location intelligence will empower insurers and underwriters to make smarter, faster risk decisions with greater confidence.”
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