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Company Overview

EQECAT was founded in 1994 and is a leading provider of state-of-the-art products and services for managing natural and manmade risks. EQECAT serves leading insurance, reinsurance companies and financial institutions worldwide by providing innovative catastrophe management solutions for risk management, underwriting, accumulation management and facilitating the transfer of natural hazard and terrorism risk.

EQECAT, Inc., a wholly owned subsidiary of ABS Group, has expanded at a record rate and includes among its clients leading insurance companies and financial institutions worldwide. EQECAT's risk management software and consulting services are based on a strong foundation of scientific and engineering research, which sets it apart from traditional risk management companies.

Mission

EQECAT is dedicated to being a trusted advisor to our insurance, reinsurance and financial clients, enabling them to successfully manage their business risk due to catastrophic events. We are committed to providing our clients with practical, state-of-the-art catastrophe risk modeling products and services, and advancing the science and analytics of catastrophe risk modeling.

Vision

EQECAT will have the most sought after expert opinion as the thought leader regarding catastrophe risk and be the preferred provider of related risk analytics and decision support products in all major insurance, reinsurance and financial markets worldwide. We will be viewed as an extraordinarily client focused and collaborative catastrophe modeling company whose products consistently exceed our clients’ expectations regarding functionality, analytical speed, transparency and overall ease of use.

Core Values

Respect and honor clients – We are client–centric in everything we do. Our clients underwrite our activities and we work for them. Our clients require transparency, increased analytical speed, robust features and functionality, superior service and world-class technical documentation.

Humility – Modeling is but a representation of risk and entails a significant degree of uncertainty. We are humbled by the trust that our clients have in EQECAT to quantify catastrophe risks. We will acknowledge and expose uncertainty, not promote delusional exactitude.

Transparency – World-class science and engineering is necessary, but not sufficient, for satisfying our clients’ needs. In our approach to model development, documentation and interacting with clients, we will be transparent as to how our products and services represent risk. We embrace and practice honest, open, clear, and succinct communication. We engage our clients with the utmost integrity.

Teamwork and mutual respect for colleagues – The catastrophe risk analytics business requires a significant degree of collaboration across interdependent disciplines and functional teams, with expertise in software, technology, insurance, finance, actuarial science, meteorology, seismology, structural engineering, vulnerability, building stock, urban planning, etc. All of these disciplines will be well represented in our products to characterize risk appropriately. Our teams will always treat each other with respect and value each other’s contributions to the whole.

Team development – We will hire, develop, and retain the most talented professionals in their respective fields. We will achieve this by maintaining a highly rewarding workplace that provides technical challenges, interesting and compelling work, and a variety of financial and non-financial incentives.