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September 20, 2012
Reactions 2012 Global Awards
EQECAT, Inc. is proud to announce that it has once again been named "Best Risk Modeling Firm" at the 2012 Reactions Global Awards Dinner held September 19 in New York City. 2012 marks the eleventh year for 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
"On behalf of my colleagues from around the world, we are delighted by this recognition. We thank our clients for their tremendous support of EQECAT, and for the honor of being named "Best Risk Modeling Firm" for 2012."
This autumn, EQECAT will release its new catastrophe risk modeling platform, RQE™ (Risk Quantification & Engineering), which enables clients to quantify and manage the potential financial impact of natural hazards. RQE includes 3G Correlation™, a new database schema and a new financial model - which will result in transformational improvements in workflow and usability.
EQECAT connects re/insurance and financial services clients with the world's leading scientific minds to quantify and manage exposure to catastrophic risk. Leveraging decades of experience, EQECAT's comprehensive methodology is distinguished by a unique treatment of uncertainty that helps clients set rational expectations about risk.
RQE™ (Risk Quantification & Engineering), EQECAT's new catastrophe risk modeling platform, will provide enhanced functionality and user experience with a new financial model, import workflow and user interface. Increased analytical speed, expanded reporting and improved integration capabilities provide clients with increased transparency and faster access to results for 180 natural hazard software models for 96 countries spanning six continents.
EQECAT, a subsidiary of ABSG Consulting Inc., was founded in 1994 and is headquartered in Oakland, California.
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