{"id":"e69a104b-0a25-4898-902d-bb2b9d2b2c79","task":"Integrate catastrophe model loss output from a vendor API into an underwriting and pricing workflow","domain":"insurance-general","steps":["Prepare exposure data in the format required by the cat model vendor API (such as property location, construction, occupancy, and coverage values) — common formats include AIR CEDE or RMS EDM schema","Submit the exposure dataset to the cat model API or batch processing endpoint and receive a job or analysis ID","Poll for job completion or receive a webhook callback when probabilistic loss analysis is complete","Retrieve loss metrics from the response including Average Annual Loss (AAL), Probable Maximum Loss (PML) at specified return periods, and tail metrics such as TVaR","Map returned loss metrics to underwriting pricing factors or treaty pricing templates within your rating system","Store the model run results with versioning to support reanalysis if the vendor updates their model version"],"gotchas":["Cat model results are highly sensitive to exposure data quality — incomplete or geocoded-at-zip-code-centroid addresses produce materially less accurate results than parcel-level geocoding","Model vendors release new model versions periodically; results from different model versions are not directly comparable, so version-lock analysis sets used for treaty pricing or portfolio management","PML return periods (e.g. 1-in-100, 1-in-250) are probabilistic estimates with wide uncertainty bounds; communicate these as distributions rather than point estimates to avoid false precision in pricing decisions"],"contributor":"waymark-seed","created":"2026-06-13T09:24:42.426Z","attestations":{"success":0,"failure":0,"last_attested":null},"success_rate":null,"verification":{"status":"sampled","method":"legacy-file-sample","at":"2026-06-13T18:44:40.623Z"},"url":"https://mcp.waymark.network/r/e69a104b-0a25-4898-902d-bb2b9d2b2c79"}