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RiskMeter.com Forms Alliance with EQECAT to Provide
Earthquake and Wildfire Risk Information
September 10, 2001
RiskMeter, the online
source for insurance professionals for automated property
lookups, is proud to announce an alliance with EQECAT, Inc.
the worldwide leader providing state-of-the-art catastrophe
risk management information, software and consulting services,
to provide earthquake and wildfire information based on a
risk's location. In addition to RiskMeter's current real-time
offerings for determining the distance-to-shore, state windpool
eligibility, rating territories and flood zone, RiskMeter
will now offer comprehensive information for evaluating earthquake
and wildfire hazards. More specifically, the RiskMeter can
now determine the landslide susceptibility, soil conditions,
distance to fault, AP Fault Zone (if applicable) and MMI for
a given property. Also, Individual Earthquake Risk Scores
can be provided, as well as Risk Specific Wildfire information.
With the new partnership, Riskmeter can now tap into EQECAT's
extensive modeling, science and risk engineering experience.
"We're very excited about working with EQECAT. This alliance
greatly enhances our service offerings to our clients, particularly
those writing in California and other earthquake prone states.
We are now able to offer our clients vital information for
evaluating wildfire and earthquake hazards that has not been
readily available online." says Dan Munson, VP Sales
and Marketing, RiskMeter.
"We chose to work with RiskMeter because we felt that
their innovative and easy-to-use product was a good compliment
to our other natural hazard software products. EQECAT now
has the capability to offer its clients location specific
information through RiskMeter or to use our proprietary software
to do more comprehensive risk or portfolio analyses."
Says Rick Clinton, President of EQECAT.
With the added service offerings RiskMeter becomes the leading
online solution for evaluating property hazards in earthquake
prone areas such as the west coast and the New Madrid area
and the major wildfire areas in the US. Using state-of-the
art mapping technology, lookups are seconds away - making
it fast, accurate, and simple to use.
About RiskMeter
RiskMeter, a web-based service from CDS Business Mapping,
LLC, allows primary insurers, reinsurers, agents, and financial
institutions to perform automated property lookups over the
Internet. The site allows users to type in an address and
a report is generated displaying natural hazard information
affecting the rates for a given policy location. Unlike spending
hours researching the information, RiskMeter uses state-of-the-art
mapping technology, making it fast, accurate and simple to
use.
About EQECAT, Inc.
EQECAT, Inc., a subsidiary of ABS Consulting, is a leading
catastrophe modeler and consultant to the insurance and financial
communities. EQECAT has locations in Europe, the UK and the
US. ABS Consulting is the 2nd largest Risk Management Consultant
firm in the World according to Business Insurance.
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