The Risk Assessment (RA) API incorporates Verisk's catastrophe modeling capabilities and enables you to generate loss results for catastrophic events occurring in a single and multiple locations. The RA Web Service (Loss Analysis) is a cloud-native solution using the Amazon Web Services (AWS) platform.
The Loss Analysis Web service is very flexible and supports most of the Touchstone® functionality. The service allows you to execute the stochastic loss analysis for a contract with multiple locations and receive the potential loss numbers within seconds. The Loss Analysis service enables you to receive the event detail, annual detail, annual summary, and average annual loss (AAL) data, supporting you with the advanced financial loss terms and multiple catalog sizes.