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November 4, 2010
Catastrophe risk modeling firm EQECAT, Inc. announced today that Bill Keogh has been named President of the organization. He previously served as Senior Vice President of Strategic Initiatives. He succeeds Rick Clinton, who will continue in a consulting role until the end of this year.
With more than 25 years experience serving the global property and casualty re/insurance industry, Keogh previously was responsible for defining and implementing corporate strategy.
"We are pleased to have Bill in his new role at the helm of EQECAT," said Tony Nassif, President and CEO of ABS Group. "He is known within the re/insurance industry, not only for his expertise in organizational development and implementing successful business strategies, but also for his strength in fostering strong client relationships."
As President, Keogh will continue the transformation of EQECAT and assist clients in setting rational expectations about risk. He will also oversee the design and execution of EQECAT's WORLDCATenterprise™ platform re-architecture, to increase transparency and further enhance product usability, integration and analysis speed.
"This is an exciting time for EQECAT, as we continue to raise the bar for the catastrophic modeling industry. I'm fortunate to have such strong support from our team of highly accomplished individuals who are the backbone of this organization," said Keogh. "I'm honored to follow such a dynamic leader as Rick, who, in his 16 years at EQECAT, has played such a critical role in building EQECAT into a leading catastrophe modeler."
Keogh is based in Hackensack, N.J.
EQECAT, Inc. provides state-of-the-art products and services to the global property and casualty insurance, reinsurance and financial markets. EQECAT is the technical leader and innovator of catastrophe risk management models that quantify exposure to a range of natural and man-made catastrophic risks.
Through its modeling software platform, WORLDCATenterprise, EQECAT enables clients to quantify and manage the potential financial impact of natural hazards. WORLDCATenterprise includes 181 natural hazard software models for 95 countries spanning six continents. These models are based upon innovative applications of the latest science, engineering expertise, claims and exposure data and advanced mathematics.
EQECAT, a subsidiary of ABSG Consulting Inc., was founded in 1994 and is headquartered in Oakland, California.
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