EQECAT Named “Best Risk Modeling Firm” at 2011 Reactions Global Awards

Reactions Award Table

Oakland, California

September 28, 2011

Reactions 2011 Global Awards

EQECAT, Inc. is proud to announce that it has been named "Best Risk Modeling Firm" at the 2011 Reactions Global Awards Dinner held September 27 in New York City. 2011 marks the tenth year for the Reactions Global Awards, which identify the best insurance, reinsurance and broking firms, as well as the industry's best leaders and service providers, through a vote open to industry professionals.

EQECAT President Bill Keogh stated

"We are thrilled with this honor! At EQECAT, we help the global insurance and reinsurance markets set rational expectations about risk. Thanks to my colleagues for their dedication and excellent work. We also want to thank our clients for their tremendous support!"

In July, EQECAT released final updates to its catastrophe risk modeling software platform, WORLDCATenterprise™, which enables clients to quantify and manage potential financial impacts of natural hazards. In 2012, EQECAT will release a new platform that will include 3G Correlation, new database schema and a new financial model - which will result in transformational improvements in workflow and usability.

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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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