Abstract. With access to claims, insurers have a long tradition of being knowledge leaders on damages caused by e.g. windstorms. However, new opportunities have arisen to better assess the risks of winter windstorms in Europe through the availability of historic footprints provided by the Windstorm Information Service (Copernicus WISC). In this study, we compare how modelling of building damages complements claims-based risk assessment. We describe and use two windstorm risk models: the insurer's proprietary model and the open source CLIMADA platform. Both use the historic WISC dataset and a purposefully-built, probabilistic hazard event set of winter windstorms across Europe to model building damages in the canton of Zurich, Switzerland. These approaches project a considerably lower estimate for the annual average damage (CHF 1.4 million), compared to claims (CHF 2.3 million), which originates mainly from a different assessment of the return period of the most damaging historic event Lothar/Martin. Additionally, the probabilistic modelling approach allows assessing rare events, such as a 250-year return period windstorm causing CHF 75 million damages. Our study emphasises the importance of complementing a claims-based perspective with a probabilistic risk modelling approach to better understand windstorm risks. The presented open source model provides a straightforward entry point for small insurance companies.