ICW Group Insurance Companies Expands Its Use Of EQECAT’s U.S. Earthquake Model Capabilities October 27, 2009
Catastrophe risk modeling firm EQECAT announced today that ICW Group Insurance Companies, a super regional multiline property and casualty insurance company, has expanded its licensing agreement with EQECAT and will use additional capabilities and functions of the United States Earthquake model. The new agreement will expedite response times and data flow to the carrier’s underwriters, brokers and policyholders.
EQECAT To Provide Analysis Of Probabilistic Hurricane Events For Weather Risk Solutions September 16, 2009
Catastrophe risk modeling firm EQECAT announced that it has been selected by Weather Risk Solutions, LLC, the developer of Hurricane Risk Landfall Options or HuRLO™, which are designed to allow eligible participants to hedge against the financial risks of hurricane landfalls, to provide analysis of probabilistic hurricane events.
RiskMeter Online Signs Three Year Licensing Agreement For Continued Use Of EQECAT U.S. Earthquake Model September 9, 2009
Catastrophe risk modeling firm EQECAT announced that RiskMeter Online, a real-time natural hazard risk report provider, has signed a three year licensing agreement for continued use of EQECAT’s United States Earthquake model, part of its WORLDCATenterprise™ catastrophe management software suite.
The enhancements are based upon new science and data as well as other relevant information about North Atlantic hurricanes, European floods and earthquakes, particularly in the Himalayan Frontal Thrust region and South America.
EQECAT U.S. Offshore Energy Model Updated
Based Upon Data Produced During 2008 Hurricane Season July 28, 2009
EQECAT, Inc., a subsidiary of ABSG Consulting Inc. (ABS Consulting), and the leading authority on extreme-risk modeling, said today that an analysis of wave height and damage data produced during the 2008 hurricane season, especially during Hurricane Ike and relating to assets in the U.S. Gulf of Mexico, has enabled the refinement of hazard and vulnerability modeling in EQECAT’s U.S. Offshore Energy Model (EQECAT’s OEM).
Bill Keogh Joins EQECAT As Senior Vice President, Strategic Initiatives April 15, 2009
EQECAT, Inc., a subsidiary of ABSG Consulting Inc. (ABS Consulting), and the leading authority on extreme-risk modeling, is pleased to announce that William M. Keogh has been appointed as senior vice president, EQECAT strategic initiatives. Mr. Keogh, who was previously group executive of global client development at Risk Management Solutions, will be responsible for setting and implementing corporate strategy and will report to Richard Clinton, president of EQECAT.
EQECAT European Extra-Tropical Windstorm Model Is First To Use Hybrid Stochastic Event Set January 8, 2009
EQECAT, Inc., a subsidiary of ABSG Consulting Inc. (ABS Consulting), and the leading authority on extreme-risk modeling, said today that its recently released European windstorm model, Eurowind™, provides the insurance and risk-finance industry with improved accuracy and increased scope in the quantification of European windstorm risk due to a number of significant components which were incorporated.
