EQECAT Voted Professional Service Provider of the Year
Oakland, CA
September, 2000
On August 30, 2000 in London, The Review - Worldwide Reinsurance announced the recipients of its annual awards. Regarded as the industry's foremost awards event, The Review has chosen EQECAT as the recipient of the Professional Service Provider of the Year award. EQECAT was praised for
"providing detailed and accurate risk assessment and measurement facilitating a number of well documented placements and securitizations. EQECAT's ability to assist clients in re-engineering risk was particularly praised."
The judges also stated that "EQECAT's work is admirable. The company specializes in catastrophe risk analysis, but goes beyond that and accumulates data to actively do something. A very big part of EQECAT is its ability to re-engineer risk to make organizations less risk prone; it has been particularly successful in re-engineering multiple location corporations."
The Review introduced its Worldwide Reinsurance Awards in 1994. There are now 9 categories of awards including Reinsurance Company of the Year, Innovation of the Year, Lifetime Achievement Award, and Web Site of the Year.
The Review - Worldwide Reinsurance, established in 1869, is the market leading publication dedicated to senior reinsurance / insurance professionals worldwide. Each month, The Review deals with the issues affecting the industry with news, company and individual profiles, market reports and exclusive research.
The Professional Service Provider of the Year was sponsored by Compre Group, an independent, entrepreneurial, multilingual and multicultural provider of services to the reinsurance industry.
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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